Cryptocurrencies are sets of software protocols for creating digital tokens and tracking transactions in a way that makes counterfeiting or reusing tokens difficult. As a result, cryptocurrency trading entails dealing in digital currencies/tokens. In truth, this type of trade has only been around for a few years.
Bitcoin, which was introduced in 2009, is one of the most widely used types of digital currency. As of 2010, its initial pricing was set at less than one cent.
While it is still in its early stages, it has swiftly become a popular method of trading for many.
One of the major advantages of this type of trading is the potential for profit. Bitcoin, for example, had a market capitalization of $160 billion by November of 2017.
There are relatively few people trading cryptocurrencies, which is advantageous because the market has yet to be saturated by others attempting to enter the fray.
bitsparkletrades has demonstrated a growing respect for the transformational potential of blockchain technology, being one of the first to pioneer the construction of its own Ethereum-based blockchain, as well as the cryptocurrency built on it.