Sell Your Crypto And Get Paid Instantly: You can easily sell your cryptocurrency on various exchange platforms, however, there are disparities in the quality of service among various merchants. Cardvest is one of the exchange platforms that pay sellers instantly, thanks to their automated payment system. Cardvest is one of the best platforms to exchange your cryptocurrency if you are in Nigeria or Ghana, they pay in Naira and Cedis.
It is already established that Cardvest disburses payment instantly, funds are sent to the account number provided within a few minutes of confirming your crypto transaction. However, this is not the only factor that interests crypto sellers, Yes, it is great to receive payment almost instantly after sending cryptocurrency, but the exchange rate is also a determining factor. Crypto traders care about the exchange rate because the higher the rate the higher the amount of money they will receive.
Cardvest is well aware of this, that is why they offer one of the best rates in the crypto exchange market. It is common knowledge that the price of most cryptocurrencies is highly volatile thus affecting the exchange rate offered by exchange platforms. You can always check for the exchange rate using Cardvest’s coin rate calculator, the corresponding Dollar, Naira, and Cedis value of the amount of crypto you choose will be provided.
Another thing that distinguishes Cardvest from other crypto exchange platforms is the structure of its website.
They have designed their website in a way that makes it easy for anyone to easily navigate and sell their crypto on it. The light teal colour and shades of blue as a colour accent give the website pleasing aesthetics which has contributed immensely to its great interface. The User Experience aspect of the design is not lacking either, the website is mapped to promote efficiency.
Cardvest has also incorporated a customer service system that is available 24/7 to attend to customers’ Crypto-related needs. You can always communicate with their support team in case you run into any issue navigating their website or you just want to make an enquiry.
You can sell your cryptocurrency for cash instantly on Cardvest’s platform.
How Cryptocurrency work – Sell Your Crypto And Get Paid Instantly
Cryptocurrency is any form of currency that exists virtually or digitally and uses cryptography to store and secure transactions. Cryptocurrencies don’t have a central issuing or regulating authority, instead uses a decentralized system to record transactions and issue new units. Cryptocurrencies are digital payment system that doesn’t rely on central or regulatory authority (like banks) to verify transactions.
Cyptocurrency transactions exist purely as digital entries to an online database(nodes) describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger (Blockchain). Cryptocurrency is stored in crypto wallets.
There are mainly two types of crypto wallets; the Hot wallet and the Cold Wallet. A hot wallet is a crypto wallet that is always connected to the internet and the crypto network. Cold wallets, on the other hand, are crypto wallets that are not connected to the internet can be paper wallets i.e writing your private key on a piece of paper and keeping it or hardware wallets like the Trezor Wallet.
Cryptocurrencies run on a distributed public ledger called blockchain,( this is like the backbone of all cryptocurrencies) a record of all transactions updated and held by currency holders.
Units of cryptocurrency are created through a process called mining, which involves using computer power to create nodes of various cryptocurrency transactions to store on the blockchain.
Owning a cryptocurrency is not related to woning a physical asset or thing, you just have secure access to a record on the blockchain that says you have a particular amount of crypto and a history of transactions on the particular wallet address.
Although cryptocurrency technology has been around for years now, the first successful attempt as a medium of exchange and store of value was Bitcoin in 2009, cryptocurrencies and applications of blockchain technology are still emerging in financial terms, and more uses are expected in the future. The most recent development is NFTs, non-fungible tokens, which are unique cryptographic tokens built on the blockchain that can’t be replicated. NFTs can represent real-world items like artwork and real estate. “Tokenizing” these real-world tangible assets makes buying, selling, and trading them more efficient within the cryptocurrency economy.
