Cryptocurrency trading, a revolution in the trading market

Cryptocurrency
Blockage.io
Published in
3 min readOct 8, 2018
Source: Google

“Change is the only constant”

- Heraclitus

Market evolution

Market — as a concept has had different contexts and definitions since centuries. What you classify as your primary perspective of the market will determine the economic returns you earn. The transformation of the currency to a virtual entity has been a long journey. But now that we live in the world of 140 characters and essential interaction on the internet; the trading market is highly a matter of digital concern. The evolution of trading market over the years has introduced itself to crypto which is a thriving field play.

Cryptocurrency trading and exchange

Cryptocurrency trading in India has achieved seamless heights as a rest of the market’s evolution. The economic assets which were very much limited to the tangible resources have now expanded. Bitcoin has revolutionized the entire market’s caricature in a whole different pattern. We can now perceive exchanges in other formats too.

The concept of crypto trade has become so popular because of several reasons. Firstly, fiat currency does not have an option for any kind of universality and decentralization. It is all highly centralized under various institutions. That takes away the individuality factor of it. On the other hand, cryptos provide the platform for a fully fledged investment opportunity making you an anonymous owner.

Growth Statistics

With over 300% rise in the profits, it is yet to double up its user base in the coming year. By the end of 2018, the number of people who will be a part of crypto to crypto trading in India will increase three-fold. If you think about the increase percentage, it is a direct result of plumping internet reach. The mass has become very smart with the use of technology and online tools. Crypto trade is the direct reflection of that source. Anyone who has invested in cryptocurrency trade finds it an opportunity to make some classy good bucks.

Market’s structural evolution

The economic market is continuously shifting and seeing changes all the time. There is no matter of consistency. Since a decade, it has adapted the cryptocurrency model for various businesses. Amazon and Overstock.com are openly accepting all the cryptos for payment which is followed by Dell, Microsoft, Etsy, Shopify and etc. The internet has become a platform for all kinds of exchanges. You can make the most of it with so many open opportunities available.

How will it change the future?

this venture is expected to eliminate the currency difference barriers in the future. That will make the entire globe one big base to do business. It will become more territory friendly for everyone residing on this planet. That is obviously, a far-fetched shot! But as of now, crypto to crypto trade is all set to put forward a more adaptable marketing towards the consumers. It is more soaking and more progressed.

Making currency digital is one of the biggest innovations of mankind. You can not only trade, exchange and buy stuff online but also store them for your future endeavours.

Conclusion

In conclusion, cryptocurrency trade and exchange is going to have a huge impact on the entire economic scenario. It is not only necessarily a future process but rather an ongoing trail of events. Keep an eye out for all the latest news that might occur on the digital currency front. However, we can also draw the conclusion that despite everything, it will be a success. The world is shrinking ore into the palms of technology and that makes the case for cryptocurrency trade more supportive.

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