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Moreover, wersquove seen the development of more investment instruments that capture the upside of not only specific cryptocurrencies, such as options and futures on Bitcoin and Ethereum, but also specific investment funds that professionally manage cryptocurrencies on behalf of investors. A key aspect of any financial transaction is its transparency. In the case of cryptocurrency, the personal information of traders remains private and securely stored in blockchain technology. Indeed, blockchain made it possible to have transparent transactions while maintaining privacy. This means your digital wallet is visible but your own details aren’t. Therefore reducing risks of identity theft and other scams. This high-level security offered for digital currency trades is an appealing characteristic for many.

pros of cryptocurrency