Passive income is all the rage today. It is because this form of earning requires minimal effort and offers a steady stream of revenue. Popular sources of passive income include rental, stock market, bank deposits, and more. But, did you know that cryptocurrencies are also a good means to earn passive income?
This fact comes as no surprise since cryptocurrencies like Bitcoin and Ethereum are offering investors phenomenal returns. For example, the Bitcoin, which was worth $788.57 in Dec 2016, grew to an impressive value of $19,650 by Dec 2017, which translates to a 25% growth in a 12-month period. This return on investment is much higher when compared to conventional schemes such as mutual funds or ETFs. Moreover, with the rewards per block for the Bitcoin set to slash by 50%, some experts are suggesting that the value of the Bitcoin can potentially touch $50,000! Thus, it can be seen how cryptocurrencies like Bitcoin are an excellent medium of passive income.
However, in order to invest in cryptocurrencies, you require a good cryptocurrency exchange. One platform that ticks all the boxes on the checklist is Ultrablock, which is a next-generation cryptocurrency exchange. Ultrablock is loaded with the latest features that are meant to make your experience fun and secure.
Here are some advantages of purchasing your cryptocurrencies through Ultrablock:
- The social trading feature allows you to share the trading experience with friends.
- The platform subscribes to the best pricing APIs that ensure you get the best price for your cryptocurrencies.
- Ultrablock also features many news feeds that allow you to follow the latest developments in the cryptocurrency market.
- Artificial Intelligence is used extensively on the platform to optimize operations and matching, while also improving the experience overall.
- The platform is equipped with a number of trading options like market order, limit order, margin trading, and more, in case you plan on engaging with crypto trading.
- P2P option is also available, which allows you to borrow or lend funds without any hassles.
- State-of-the-art security features are employed that ensure your funds and data is protected at all times.
- Functions like CopyTrade allow you to mirror the orders placed by the top traders on the platform.
Hence, without a doubt, Ultrablock should be your go-to exchange if you plan on entering and investing in the lucrative cryptocurrency market. Visit their official website, www.ultrablock.io, for more information!
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