The very aspect of cryptocurrency is a new addition to the already existing ecosystem of blockchain and decentralized ledger-based transactions.
The very process of buying and selling Bitcoins differs from country to country. Thus it is important for the buyer/seller to know the regulatory guidelines of his country. There are some countries that have put a permanent ban on the purchase and sale of cryptocurrencies. There are other countries which do not have restriction on the purchase and sale of cryptocurrencies.
In case the reader belongs to a country that is cryptocurrency-friendly, trading can be conducted on
Some of the factors to be considered before buying and selling bitcoins are:
The above features have contributed to making blockchain one of the most sought after platforms and cryptocurrencies in being a preferred mode of transaction. With better speed, security and accuracy; businesses can relax with a new entrant into the payment ecosystem. With time, the accuracy of blockchain networks and the performance of blockchains are increasing to make a bigger impact in the existing market ecosystem. It is interesting to watch how things shape up in the next decade.