For the first time in history, cryptocurrency has given people the ability to perform financial transactions seamlessly and anonymously. The technology behind cryptocurrency – Blockchain, reduces dependency on the traditional banking sector significantly and in theory, can allow for quicker and cheaper financial transactions.
There are a growing number of crypto trading and exchange platforms today, however converting/depositing fiat currencies to cryptocurrencies is very slow and cumbersome, if not said nearly impossible because the banks are not familiar with Bitcoin in many countries and the transactions cross different banks are not instant, that discourages new traders from entering the market.
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