Updated: Jul 14, 2020
Cryptocurrencies have increasingly become popular investments in recent times, and platforms such as BuyBitcoin24.com offer enthusiasts with information on some of the best crypto exchanges. Despite their volatility, cryptocurrencies are profitable, and in Europe, most people are investing in digital assets because of the high returns they get within a short period. Most importantly, interest has grown because of the currently fantastic Euro to Bitcoin (BTC) rate, which will get even better.
BuyBitcoin24 Helping Investors Leverage Current Euro To BTC Rate
The current Euro to BTC rate is promising for investors seeking to invest in BTC. The good thing with investment in BTC is that the rules are stable, and the supply cap of BTC will never surpass 21 million. Interestingly this rule is in contracts with rules governing fiat currencies in most governments globally that can print extra money when there is a downturn.
For instance, the printing of more money in the US is referred to as quantitative easing, but with BTC, nobody can produce more. It is one of the main reasons why investors increasingly prefer investing in BTC. Equally, Bitcoins, unlike other investments, aren't susceptible to manipulation form government entities, banks, or financial institutions.
The value of Bitcoins has grown dramatically, considering it has been likened to gold, a safe-haven. Traditionally gold has been considered a reserve of wealth, but it is hard to move around unlike Bitcoins that don't need stocking and can easily be moved digitally. Although Bitcoins are susceptible to volatility, they are nonetheless expected to continue growing in value. And with platforms such as BuyBitcoin24, crypto enthusiasts are expected to continue earning massive returns through crypto trading.
Bitcoin Transactions Are Transparent Than The Fiat Currency System
Another aspect of promoting more investors to leverage the current Euro to BTC rate is the aspect of transparency that Bitcoin offers. BTC has conflicted with the Fed because of transparency. When it comes to Fiat currency, transparency of transactions is very limited as one doesn't know where the money goes and how it is used. Most importantly, one cannot know how much money the Federal Reserve prints. But with Bitcoin, the digital system makes it easier to track transactions, thus making it more transparent.
The industry is full of opportunities, and several people have been establishing cryptocurrency enterprises. Most of these companies prefer setting businesses in Estonia because of the country's digital advancement in the blockchain industry. For instance, the recently launched BuyBitcoin24 offers investors a faster and quick way of finding crypto exchanges providing the best exchange rates. The platform has an algorithm that can go through more than 1000 different crypto exchanges and compare them to filter those that are not genuine and charging unrealistic fees.
With the current incredible Euro to BTC rate it investors are getting massive returns from crypto investments. Most importantly, it is possible to establish a crypto agency in Estonia and remotely manage operations from Europe while earning a lot.