Super Bowl Sunday is the largest sporting occasion of the yr, and it’s additionally an enormous day within the promoting world.
High retail giants like Coca-Cola and PepsiCo are key gamers usually seen on the big screen throughout business breaks, however now cryptocurrency will probably be making an look.
If the Tremendous Bowl commercials had been the primary you’re listening to about cryptocurrency and also you’re unfamiliar with the booming development however need to be taught extra, listed here are few tips that can assist you get began.
Cryptocurrency is a digital asset designed for use over the web, according to Coinbase. It’s decentralized, that means it isn’t managed by the federal government or another central authority reminiscent of a financial institution.
You should use cryptocurrency to purchase merchandise from retailers who settle for it as cost, reminiscent of Overstock, or promote it to make a revenue.
The place can I purchase cryptocurrency?
Coinbase is without doubt one of the hottest cryptocurrency buying and selling platforms. If you happen to sign up for a regular Coinbase account, you will receive $5 worth of bitcoin for free upon verification of ID.
Bitcoin is the most well-liked sort of cryptocurrency. Different well-known cryptocurrencies embody Dogecoin, Shiba Inu, Ethereum and Tether.
Listed below are another locations the place you should buy cryptocurrency:
It’s also possible to purchase cryptocurrency on Venmo.
How a lot does it price to purchase cryptocurrency?
To speculate, you don’t have to purchase one total cryptocurrency, reminiscent of Bitcoin — you should buy only a fraction. One Bitcoin is presently price over $42,000, whereas one Dogecoin is just not even price 15 cents.
Finally, it is dependent upon which cryptocurrency you’re shopping for. Every has a special value and market value.
RELATED STORIES ABOUT RETAIL AND SHOPPING:
Please subscribe now and help the native journalism YOU depend on and belief.