Benefits or key characteristics of the crypto market?
The crypto market is called as crypto currency market which is a global market where people buy, sell and trade digital currency which is called as crypto currencies.
1) Decentralized :
It is not controlled by any single entity , but operates on neck to neck network.
2) Volatile :
Prices can fluctuate rapidly at any time due to various factors so it becomes very risky for high value investment.
3) Transparent :
One of the most important feature or you can say that good factor is the transactions are clear and transparent for all.
4) Pseudonymous :
The user's can t be identified but they can be tracked / traced through there addresses .
5) Global :
This is an important factor regardless having some difficulties in location but is global assessable to all if you have a proper internet connection.
6) Fast and Cheap cross border payments :
Tron, led by CEO Justin Sun, started in Asia and now global with 50M+ accounts. Some liken it to Ethereum, but it has unique features like delegated proof-of-stake.