About Blockchain: a Leading Company in the Cryptocurrency Industry
In the world of cryptocurrencies, the number of players is growing every day. One of the key participants in this industry is Blockchain.com. The company provides a wide range of services in 4 main directions:
- Bitcoin block explorer,
- Cryptocurrency exchange service,
- API services for Bitcoin developers,
- Cryptocurrency wallets for all interested parties.
Blockchain refers to its cryptocurrency wallets as “banks” and claims they are the safest and most popular tools for investing and storing digital assets. Cryptocurrency wallets are highly popular among cryptocurrency owners, with over 49 million registrations and a transaction volume of $200 billion.
Supported Currencies
Among the 22 cryptocurrencies that can be stored on the Blockchain platform are popular ones such as Bitcoin, Ethereum, Bitcoin Cash, Stellar, USD Digital, and others. This platform has pegged the USD Digital rate to the fiat dollar, thus creating its own stablecoin.
Features of the Blockchain Wallet
Blockchain wallets operate in the browser and are available for download on smartphones with Android and iOS operating systems. Developers highlight 4 key wallet characteristics:
- Security: full control over cryptocurrency, fund backups, and protection against unauthorized access.
- Sending and Receiving: the ability to accumulate coins and use them as a means of payment with minimal fees.
- Buying, Selling, and Exchanging: convenient coin exchange feature and acquisition with fiat funds, not available in all countries.
- Access from Anywhere: convenient online wallet access and quality translation into Russian.
Registration on the Blockchain platform is quick and easy. To manage cryptocurrency, simply provide an email address and set a password. The company is based in the UK and has a global presence, offering the ability to track all updates through social networks and mobile apps.
Fraud Prevention
Unfortunately, the cryptocurrency industry is susceptible to fraud. Blockchain actively informs users about possible fraudulent schemes, such as wallet clones, email phishing, and chargeback scams. The company strongly advises users to be vigilant and attentive to avoid financial losses and personal data breaches.
Restrictions on Russian Citizens
Due to new sanctions from the European Union, accounts of Russian citizens on the Blockchain platform are being blocked. These restrictions also affect other similar platforms, such as LocalBitcoins and Dapper.
Reviews and Recommendations
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