By now everyone is familiar with Cryptocurrency and more and more industries are accepting of this method of payment. Now you can use your Cryptocurrency as margin to trade well known stocks and IPO’s. There’s no need to convert your Cryptocurrency to fiat currency to trade.
With Sandberg Financial, investors will be able to trade and invest with us using any of the major Cryptocurrencies. A Cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
The decentralized control of each Cryptocurrency works through distributed ledger technology, typically a blockchain that serves as a public financial transaction database.
Decentralized Cryptocurrency is produced by the entire Cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized Cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it.
There are many benefits in using Cryptocurrencies to trade or invest with and one of our consultants will help advise you on the advantages of using this avenue to help with your financial goals.