Digital Assets in the New Economy: Is It for Real?

For a lot of traditional investors, investing in the dynamic cryptocurrency space can be very exciting. Yet while many recognize the immense potential altcoins* can bring to their portfolios, many others are still daunted by the space and unclear about how investing in cryptocurrency differs from other types of investments.

The emergence of this tokenized economy is seemingly confusing? Read on to understand the differences and hopefully you will be able to make an informed decision.

*Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin.

The Global Reach

Cryptocurrencies have no borders as they are accepted in over 180 countries worldwide. They are truly global in nature and easily transferable with incredibly low transaction fees. As opposed to this, many traditional investments require formal accreditations, are limited to qualified institutional buyers and also invite high trading fees.

This quality of bitcoins is addressing the concerns of many large institutions and retail investors and inviting them onboard.

The Profit-Making Capacity

Investing in the stock markets require a lot of patience as making a considerable amount of profit on your investment is a slow process and could take a few years.

Cryptocurrencies have been known for its volatile nature as there are massive swings in its value within a very short duration. Therefore, buying cryptocurrencies like bitcoins with the same amount of risk taken as investing in the share markets, could prove to be a swift profit-making alternative.

“Cryptocurrencies have no borders as they are accepted in over 180 countries worldwide. They are truly global in nature and easily transferable with incredibly low transaction fees”

The Risk Factor

There has been some concern over the volatile nature of the cryptocurrency system, as it is based purely on demand and supply. However, the risk is the same when investing or trading in the stock market. The differentiating factor here is that the stock market is safe in terms of government backing, while bitcoins belong to a decentralized network. Yet, there are many who have been able to trust this network and have made profits ranging in millions of dollars.

The Ease Of Trade

Stock markets take away a considerable amount of investment as trading charges, brokerage charges, taxes, etc. To start trading on the stock market, one has to go through the hassle of finding a registered broker to start a demat account and further pay a considerable part of the investment in brokerage charges.

On the contrary, buying cryptocurrencies is lucrative and require only minimal transaction fees. These transactions are also clean, fast, transparent and non-reversible transactions. All you need to do is pick the right exchange to start your first trade on cryptocurrency!

Why BCoin.sg Exchange?

BCoin.sg is a global financial market platform that empowers the masses to trade in cryptocurrency - trusted for our stability and security.

We Simplify Cryptocurrencies

By making the cryptocurrency world easy to access, we hope to improve both user experience and the public's perception. Liquidity assurances, low fees, and a responsive customer service are essential to creating the best mobile cryptocurrency exchange.

We Provide a Global Platform

Our all-encompassing cryptocurrency exchange platform has launched 11 major cryptocurrencies with USD support - namely BTC, BCH, ETH, ETC, LTC, Dash, EOS, OMG, NEO, XEM and QTUM, coupled with low training fees of 0.2%. We are not far from adding more coins and looking to onboard highly credible altcoins.

We Create an Ecosystem

We are committed to creating an inclusive ecosystem where our community can easily communicate, share their knowledge, and develop exciting blockchain projects. Regular introductory and knowledge sharing sessions are scheduled by BCoin.sg team.

For more information, please visit BCoin.sg Exchange at https://www.bcoin.sg, or Booth F02 at INVEST Fair 2018.

 

About BCoin.sg

BCoin.sg is a global digital asset exchange platform that empowers the masses to trade in cryptocurrency - trusted for our stability and security.

Based in Singapore, BCoin.sg seeks to provide a one-stop hub for all enthusiasts, innovators and investors. With a wealth of experience in the blockchain and financial space, BCoin.sg adopts advanced risk control technology including SSL, multi-signature cryptocurrency wallets, offline capital management as well as multiple layers of security measures to secure customers' digital assets.

BCoin.sg' Southeast Asian regional hub is located in Singapore, spanning more than 7,000 square feet and features a 50-seater seminar facility. More than providing a safe and easy-to-use global mobile cryptocurrency trading platform, our goal is to bring together new and experienced cryptocurrency innovators, investors, and users. We want to build an engaged community and with it, create new blockchain investment opportunities for everyone.

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