Worldwide Popularity of Cryptos Increasing.
Hooplex (reviewed here) just published a very informative article dealing with cryptocurrencies and their increasing popularity on a worldwide basis. The article also reviews how their own program utilizes cryptocurrencies as well as how the value of cryptos has increased (astronomically!) in the past 10 years or so. I feel that this is a valuable article, a lot more than just publicity for the Hooplex program. It will be well worth your time to read it. I have repeated it below…
Why does Hooplex work with cryptocurrencies?
We at Hooplex are confident that Cryptocurrencies are the future of the global financial system, a new round of its development. This is a global phenomenon – an investment instrument that has surpassed all the financial instruments that have ever been available to mankind in terms of profitability.
This is the market we chose to work on because these assets are decentralized, anonymous and secure. No intermediaries are needed to make cryptocurrency payments, and transactions are inexpensive, fast, reliable and accessible to everyone. The recipient of the funds can be a user from anywhere in the world.
The Hooplex platform is the solution to one of the most pressing problems in the crypto market. It provides instant conversion of cryptocurrencies and money transfers, which is made possible thanks to innovative development – the LexeraWay multi-currency core.
Already now users of our platform from all over the world easily convert crypto and fiat currencies, make money transfers instantly, safely and without additional fees.
We are fully aware of the potential of the cryptocurrency market, and therefore we have added the ability to open deposits in cryptocurrency, thanks to which in addition to the interest rate on the deposit you receive income from the growth of the rate of your chosen asset.
Cryptocurrencies are a good option for investments in the global financial crisis, the signs of which can already be seen. Pension funds and banks around the world are beginning to invest in digital assets.
The world’s financial system is not going through the best of times. Many experts are confident that the answer to the imperfection of monetary policy will be Bitcoin and other cryptocurrencies, the popularity of which will increase with the aggravation of global crisis phenomena.
Today, cryptocurrencies are recognized as legal in more than 100 countries around the world, and this list is constantly growing. Along with the legalization of digital assets, their popularization also comes.
Thus, Germany recognized Bitcoin as a legal tender. All purchases made for cryptocurrency are tax-free in this country. The UK believes that it is only a matter of time before Bitcoin is recognized as a global currency. In this country, BTC recognized a private money in the form of foreign currency. In Canada, Bitcoin is legalized, while it is considered a commodity. Indonesia has also fully recognized Bitcoin as a commodity. Cryptocurrency in one form or another is legalized in such countries as: USA; Japan; Estonia; Australia; Denmark; Finland; Netherlands; Sweden; South Korea and many others.
In March 2010, the first cryptocurrency was worth $0.003. Thus, at the current exchange rate above $10,000, the growth rate was 338,433,233%.
Charlie Bilello, an analyst at Pension Partners New York, estimates that the profitability of investments in the first cryptocurrency since the beginning of this year was 134%.
The return on investment of the first cryptocurrency is several times higher than that of traditional market assets. For example, it is 27% for oil, 16% for the high-tech index Nasdaq, 14% for S&P 500, and only 0.04% for gold.
Join Hooplex today to save and grow your money. Enter the era of cryptocurrency with us.
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