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The main advantage of ICOs is that they remove intermediaries from the capital-raising process and create direct connections between the company and investors. In addition, the interests of both parties are aligned.
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An initial coin offering (ICO) or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding, however a private ICO which does not seek public investment is also possible. In an ICO, a quantity of cryptocurrency is sold in the form of "tokens" ("coins") to speculators or investors, in exchange for legal tender or other (generally established and more stable) cryptocurrencies such as Bitcoin or Ethereum. The tokens are promoted as future functional units of currency if or when the ICO's funding goal is met and the project successfully launches. An ICO can be a source of capital for startup companies. ICOs can allow startups to avoid regulations that prevent them from seeking investment directly from the public, and intermediaries such as venture capitalists, banks, and stock exchanges
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Over the last few years, technology has brought about a paradigm shift in the way we work, communicate, shop, and pay for our purchases.
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Instant Exchangers is a leading e-currency service provider in Nigeria specializing in the buying, selling and exchanging of Perfectmoney, Bitcoin, Ethereum,
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Bitcoin uses SHA-256 encryption for both its Proof-of-Work system and transaction verification. The security of the bitcoin protocol lies in one of its fundamental .
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Customer support is excellent and documentation good – novice can easily understand. Although I had a problem with the performance, thanks to the customer support, we have solved this problem as well.
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UserThese guys are awesome! Each time I needed their help, their response was quick and very helpful. Also, the theme is very flexible. Five stars from me for everything! I truly recommend this theme!!
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Karim Hasan
Graphics DesignerFrequently Asked Questions
Bitcoin is a form of digital currency which is based on an open source code that was created and is held electronically. Bitcoin is a decentralized form of currency, meaning that it does not belong to any form of government and is not controlled by anyone.
Crypto currencies, or cryptos, are forms of digital, decentralized money not regulated by a government or central bank. Instead, cryptos use encryption techniques to generate, regulate and transfer their units. Cryptocurrencies are often held in virtual online wallets and used for peer-to-peer transactions or online stores that accept them.
Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation. They are also rewarded network fees for when they harvest new coin and a time when the last bitcoin is found mining will continue.
Ethereum is a popular open-source, decentralized cryptocurrency platform and operating system created in 2015 that uses blockchain technology for security. “Ethereum” or “ether” are both terms used when referring to the cryptocurrency generated by the Ethereum platform. For more info on Ethereum,
Buying crypto on its own isn't a taxable event. You can buy and hold cryptocurrency without any taxes, even if the value increases. There needs to be a taxable event first, such as selling the cryptocurrency. The IRS has been taking steps to ensure that crypto investors pay their taxes.
What are the four types of cryptocurrency? Answer: The four major types include utility, payment, security, and stablecoins. There also are DeFi tokens, NFTs, and asset-backed tokens. Of all cryptocurrencies, the most common are utility and payment tokens.
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