Trading Or Investing In Crypto Can Make You Rich Today!

Crypto investment surpassed both gold and stocks.  Since the inception of time, there have been forwarding-looking individuals who take adva...

Crypto investment surpassed both gold and stocks. 

Since the inception of time, there have been forwarding-looking individuals who take advantage of the new digital innovation, blockchain technology. When cryptocurrency came about, only a few people noticed it and thought that digital currency will have value in the future, so they sought to invest a small portion of their monetary portfolios.  

Today cryptocurrency is an integral part of many people’s daily income and investing strategies. Crypto like Bitcoin (BTC), Etherum (ETH), Litecoin (LTC), Tether (USDT), GIFA Token (GIFX), Dogecoin (DOGE), Cardano (ADA), and others have continued to soar in prices and values. 

The whole crypto landscape shifted when the payment giants PayPal joined crypto and since then, crypto has gone mainstream. The company made an announcement in October last year, that PayPal users in the US can now buy, sell or hold a select few cryptos, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. In August, the company announced that users in the UK can now also trade crypto on PayPal's website and mobile app. 

Fintech is a new dawn of investment strategy.

Crypto has attracted big companies in the tourism sector like the travel giant, Expedia which accepts crypto on one of its booking platforms Travala. You can now book 700,000 hotels in the world paying with more than 30 different cryptos, including Bitcoin.

The LOT, Polish Airlines, also accepts crypto as a payment method for booking flights. The Latvian airline, airBaltic has become the first aviation company in the world to accept Bitcoin as payment for fares back in 2014. Coca-Cola, the multinational drink giant, and distributor have enabled cryptocurrency as a method of payment through its partnership with the Centrapay platform. As of 2020, there are now over 2,000 vending machines in Australia, Asia, America, and New Zealand which is geared to accept cryptos to pay for drinks.

Download GIFA Wallet from Playstore & App store.

This mainstream movement has given crypto a banner year, with more people than ever giving it a try. Using a platform like Robinhood various exchanges, and digital wallets. However, trading and investing in crypto is quite complicated to many people, but you can start today with digital wallets like GIFA Wallet and exchanges such as Coinbase to handle the currency. As of 22 October 2021, Coinbase has more than 1 million customers who signup on the crypto exchange’s NFT and are on the waitlist, on the first day, it opened.

“We are getting a LOT of signups - so grateful for all your interest," Coinbase vice president of product Sanchan Saxena wrote on Twitter. “We are seeing insane loads on our servers and our team is working hard to get this resolved. Check back soon!" Coinbase joins the ranks of Twitter Inc. and FTX in delving into NFTs, or digital collectibles, which have boomed in popularity this year. Daily sales peaked near $268 million in late August, according to tracker Nonfungible, with some NFTs selling for millions of dollars in recent months. 

We just announced the upcoming launch of Coinbase NFT (https://t.co/U1ymWieRT3). We are getting a LOT of signups - so grateful for all your interest 🙏🙏.

We are seeing insane loads on our servers and our team is working hard to get this resolved. Check back soon! #Coinbase

— Sanchan S Saxena (@sanchans) October 12, 2021

Katie Haun, a general partner at venture firm Andreessen Horowitz who sits on Coinbase’s board, is also a board member at NFT marketplace giant OpenSea, according to her LinkedIn profile. Coinbase, which warned in August that customer usage slowed at the start of the third quarter, has been seeking to diversify its revenue as competitors such as Robinhood Markets Inc. beef up their efforts to attract crypto users. NFTs are the “next frontier" for Coinbase and could become a lucrative business for the exchange next year, according to Bloomberg Intelligence’s Julie Chariell. 

“Fees are more likely to mirror retail than institutional crypto-trading commissions," senior fintech analyst Chariell wrote in a report. “NFT trading at our 3% fee estimate would bring much more revenue per trading dollar, along with less volatility to Coinbase operations than the crypto trading platform." Shares of Coinbase rose 1.3% to $250.03 in premarket trading Thursday.