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Financial Platforms Aim To Bring New Insights For Financial Freedom

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Financial Platforms Aim To Bring New Insights For Financial Freedom

May 16
18:36 2022
Over 10% of investors own digital currency, ranking the digital currency behind real estate, stocks, mutual funds, and bonds, shows a CNBC survey published in August.

Ameer

California – The field of digital currencies is always growing, and the next great digital token may be here by tomorrow. According to a CNBC survey published in August, over 10% of investors own this currency, ranking the digital currency behind real estate, stocks, mutual funds, and bonds. Two-thirds of them bought in over the last year, mostly because of how easy it’s become to trade the assets.

Roughly two out of three “fund selectors” don’t think individual investors should own or have access to digital money, largely for reasons related to transparency and regulation, according to a Natixis Investment Managers survey. However, that opinion is coming against high demand for digital currencies like bitcoin and Ethereum, especially among younger investors, as 40% of survey respondents say clients are increasingly asking for digital currency access.

Digital currencies are almost always designed to be uncontrolled, although, as they have grown more popular, this foundational aspect of the industry has been criticized, digital money modeled after Bitcoin are inclusively referred to as altcoins, and have usually tried to present itself as modified and improved versions of Bitcoin. Though some of these currencies may have some remarkable features that Bitcoin does not, matching the level of security that Bitcoin’s networks achieve largely has yet to be seen by an altcoin.

Types of Altcoins are mainly Digital Currency and Tokens. Digital currencies are intended for payments, transmitting value (i.e. digital money) across a network of users. For Tokens, there are blockchain-based Tokens that are meant to serve a different purpose from that of money. For example, a token issued as part of an initial coin offering (ICO) that represents a stake in a blockchain or decentralized finance project (DeFi).

Many Platforms exert great efforts to find new solutions in this field to bring new insight into financial freedom. One example could be the EdaFace platform that allows their users to safely engage in DeFi, check, trade, and mint NFTs, monitor the metaverse world, transact in all forms of digital products such as books, as well as track currency news, etc. EdaFace is simple and easily navigable by anyone. As such, both newcomers and experienced users in the digital industry will see the ease of using digital currencies.

“We take careful measures to ensure that your Token is as safe as possible. Offline storage provides an important security measure against theft or loss,” said Ikechukwu Ezeocha, HOD of Finances at EdaFace. “Our vision is to increase rapid adoption of digital money as the currency of the emerging digital world and pioneer the digitalization process in Africa and across the globe”.

Besides being a simple platform, EdaFace also has a modern, beautiful design outlook that makes interaction in the Digital Money industry quite friendly and welcoming, whether for their app users or their official website. “Edaface works with exchange partners all around the world to make purchasing tokens in your wallet both a seamless and secure experience,” added Ikechukwu Ezeocha.

About EdaFace

EdaFace is a fully decentralized user interface aggregator that brings all the various functionalities of the Digital Currency industry onto a single platform. The platform aims to simplify and make all digital transactions user-friendly, and to empower the users and their families financially. EdaFace’s Core Values to fulfill its vision include Creativity, Excellence, Passion, Integrity, and Transparency.

Media Contact
Company Name: EdaFace
Contact Person: Victoria
Email: Send Email
Country: South Africa
Website: https://edaface.com/