Investing in Crypto in the UK — The coinpass way

  • Buy stuff — Cryptocurrency is essentially money in digital form so you can use it to buy just about anything, from coffee and burgers to funding travels and even paying for a Lambo!
  • Run decentralized applications — Certain crypto blockchains like Ethereum, EOS and Cardano allow developers to build and run their apps and host them on thousands of computers around the world. This provides better security, scalability and slashes the costs normally associated with paying a big company to run their apps.
  • Invest in innovative early-stage startups — Digital token-based fundraising through Initial Coin Offerings (ICO) has essentially opened the gateway for anyone with an Internet connection to invest in innovative tech startups that they think is showing potential for exponential growth.
  • Make private transactions — Financial transactions with cryptocurrencies are generally anonymous, but there are certain digital currencies, like Monero (XMR) and Zcash (ZEC) that are even more privacy-centric for truly private transactions. This feature comes in handy since it means one can make money transfers without having to explain to a bank without the bureaucratic processes of explaining why you’re sending the money, the source of the funds or the details of both the sender and the receiver.

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