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The onset of Covid-19 has shaken the whole world economy. In tumultuous times like these, people look for an alternative source of income or investment to ensure a degree of financial security. While the stock market seems to be an obvious choice, cryptocurrencies have arisen as a potential investment vehicle that has given massive returns to investors.
Despite the ongoing pandemic, Bitcoin, the biggest cryptocurrency by market cap, is up by 350% in a year (Feb 2020 – Feb 2021). Other cryptos followed the lead of their master and experienced exponential growth and price rallies.
Further, with reduced mobility around and with the payment market rapidly digitizing, everyone is looking at the options that are convenient, cost-effective, and reachable. Nowadays, a majority of people prefer doing everything from home and the only safest way to invest is through digital options.
So, they consider choosing a digital platform tha...
This article was first published on coinquora.com
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