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EURK Pilot Test Smart Contract is unavailable for security reasons as of 2nd of April. Therefore, EURK will not be available for buying, selling, and exchanging until further notice.
The problem is being resolved by our team of technicians.
We sincerely apologize for the inconvenience caused.
For assistance and/or to report any incident, please contact our dedicated support team at [email protected]
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EURK Team
As cryptocurrency gains mainstream appeal, more businesses and people are wondering about the benefits of cryptocurrency and how to integrate it.
Making sense of cryptocurrency can feel overwhelming amidst the hype and unknowns. Join us on this blog as we explore cryptocurrency, its history, benefits, safety, and more in depth. Let’s start by understanding cryptocurrency in simple terms!
Cryptocurrency is a digital payment method that utilizes cryptography to safeguard online transactions. Peer-to-peer technology on blockchain, a shared digital ledger that records each transaction publicly, enables it to function without the need for middlemen like banks.
In 2009, Bitcoin was the first cryptocurrency launched as an alternative monetary system in the wake of the Great Recession. Its mysterious founder, Satoshi Nakamoto, was responding to distrust in the traditional banking system and government control over currency.
Since that first Bitcoin transaction for pizza over a decade ago, crypto has grown exponentially. Today, there are over 13,000 cryptocurrencies, according to CoinGecko.
In 2021 alone, crypto trading volumes increased by over 600% to $15.8 trillion. Major companies now accept crypto payments.
With so many remaining unserved by traditional finance, experts predict that crypto will continue disrupting global finance and empowering the billions left behind. Its decentralized nature also provides an alternative for those seeking economic freedom outside government control.
While traditional currencies are government-issued and bank-controlled, cryptocurrencies have no central authority. Transactions occur peer-to-peer through the distributed ledger without middlemen, allowing for less expensive and more inclusive global money transfers.
Traditional bank wires and debit cards often charge hefty fees for cross-border payments that cryptocurrencies facilitate frictionlessly. Stablecoins could help democratize finance for the underserved. Blockchain technology also powers stablecoins, which are digital money.
However, they differ from cryptocurrencies in terms of volatility as they peg their value to an underlying asset, such as fiat currencies. Therefore, they provide stability and security for their users.
For example, EURK is a euro stablecoin that is 1:1 pegged to euro currency and has reserves in Switzerland to maintain its peg. The EURK is the best euro stablecoin. As a secure euro stablecoin platform, EURK provides security, stability, and efficiency in payments and transactions.
With headlines about crypto-hacking, safety is top of mind. However, when taking proper precautions, the underlying blockchain technology driving cryptocurrency has proven highly secure. As with any investment, do your research to understand the risks, and only invest what you can afford to lose.
Secure stablecoins, like the EURK stablecoin, offer additional peace of mind. EURK is a securely audited stablecoin that is 1:1 backed by euros, providing stability and security with a compatible euro stablecoin wallet.
As millennial spending power grows, crypto adoption increases demand for merchants to accept crypto. According to surveys, 1 in 4 millennials would spend more at businesses accepting crypto payments.
For small firms in particular, crypto could boost sales and reduce expenses. International sales open up without pricey cross-border payment fees.
Pass-through crypto payments also eliminate credit card transaction fees, averaging 3%. With near-instant settlements, firms gain access to funds days faster than traditional wire transfers.
For more details, check out "How can you use crypto for your business?" and "How does blockchain solve business problems?"
Absolutely. Lower costs and faster access to capital are huge perks for small businesses running on thin margins. According to the U.S. Census Bureau, immigrants own 30% of America's businesses, and the borderless nature of crypto could help growing ventures expand globally.
Rather than paying credit card companies' transaction fees, small businesses keeping some proceeds in crypto can benefit from price appreciation, like many early adopters.
The market cap of all cryptocurrencies is over $2.9 trillion, according to CoinMarketCap, showing crypto's growing role in both B2B and B2C commerce.
While crypto enthusiasts advocate for the full replacement of fiat currency, for many firms, partial adoption is a more viable strategy. Merchants can accept crypto and traditional payment methods through crypto services for a 1% fee.
Firms can also use stablecoins like EURK, which is a securely audited, 1:1 euro pegged stablecoin built on multiple blockchains, empowering innovation with stability and efficiency for international money transfers without forex fees.
Setting up transactions or holding reserves in a digital euro also provides hedging benefits against currency volatility. With EURK EUR stablecoin, you can experience the power of the euro currency in the digital realm.
For investors bullish on the crypto space, digital currencies offer potential high rewards due to their volatility. Top cryptocurrencies have yielded over 200% annualized returns to early backers.
Diversifying 5–10% of investment portfolios into crypto through reputable crypto exchanges also helps hedge against traditional market risks like inflation. Stablecoins, such as EURK, further smooth volatility while gaining yield through crypto lending protocols to earn extra income on holdings.
With so many options, focusing on blue chips provides less risk than small, unknown plays. As the market leader, Bitcoin remains the top pick for many. Ethereum follows as the most used blockchain platform, hosting smart contracts and NFTs.
For stability, EURK stablecoin provides transparent, fast, and secure transactions thanks to its 1:1 peg with the euro. Therefore, it provides security over volatility.
Furthermore, choosing quality projects solved by reputable teams with real-life use cases improves the chances of growth compared to illiquid "meme coins." Monthly dollar cost averaging among top performers smooths volatility over the long-term horizon. However, the final choice is yours.
As crypto goes mainstream, its uses expand beyond digital assets. Major companies accept Bitcoin, allowing crypto holders to pay for goods, services, and experiences. NFT marketplaces also let users buy digital art and collectibles. Therefore, there are many things you can buy with cryptocurrency.
However, day-to-day shopping remains restricted due to volatility and limited merchant acceptance. Stablecoins, such as EURK stablecoin, with less fluctuation provide mainstream crypto-friendly merchants with greater spending power and confidence when purchasing items more conveniently.
To get started, open accounts on reputable crypto exchanges like Coinstore or KoinBX with a secure crypto wallet. For long-term storage, it's best to transfer funds to a secure non-custodial wallet where you control private keys rather than leaving crypto coins on exchanges.
Hardware wallets provide offline "cold storage" as the most secure solution, while mobile wallets suffice for small daily amounts. Backing up recovery seeds helps protect against loss. Proper security practices are essential due diligence for participants in this emerging financial frontier.
Yes, stablecoins are becoming more popular due to their price stability relative to volatile cryptocurrencies. To maintain parity and dampen volatility, Fiat currency reserves fully collateralized lending stablecoins.
With expanding merchant acceptance, stablecoins increasingly facilitate everyday payments and value transfers. The euro-backed EURK provides transparent transactions, supported by regulated financial partners and advanced audit technology.
For those interested in the benefits of cryptocurrency but seeking stability, euro stablecoins like EURK provide a reliable entry point.
In regulated jurisdictions, EURK transparently maintains a 1:1 peg to the euro through reserves. It serves as a censorship-resistant digital euro alternative, supporting financial inclusion worldwide through fast, low-cost transactions.
You can buy EURK through popular crypto exchanges like Coinstore or through reputable partners like Speedy. It's best to store your stablecoin in a non-custodial mobile or hardware wallet where you control your private keys for security.
Hardware wallets provide "cold storage" offline as the safest solution. Be sure to keep recovery seeds and passwords secure from loss or theft to protect against all risks in the cryptocurrency landscape. Make sure to check out “How to secure your crypto assets in 10 steps?” for more details!
There are many benefits of cryptocurrencies, as we have explored throughout our guide. If approached responsibly, digital currencies are here to stay and offer benefits ranging from lower costs to new opportunities.
Stablecoins further smooth the experience, and euro-pegged EURK provides trustworthy crypto participation with stability, security, and reliability that should be considered when exploring this rising asset class. Become a partner today and discover how EURK euro stablecoin can improve your business!
