Cryptocurrency is beginning to become a household name. While it’s still far from complete mainstream adoption, many individuals are starting to realize the benefits. According to a study by Pew Research Center, 86 percent of Americans claimed that they have heard of digital assets already, and 16 percent of those have invested in them. The term cryptocurrency may still be a misnomer, given that it has minimal day-to-day use as a currency, but over the past years, it has proven to be a fruitful investment.
Although cryptocurrencies are digital, they’re still relatively inaccessible. For example, users must create a digital wallet to safely store assets and choose an exchange to purchase coins. On top of that, trading them requires a certain amount of technical expertise that not everyone has. With these barriers to entry, it’s no surprise that people are still intimidated to venture into the crypto space.
However, this won’t be a problem in the near future. As the crypto industry continues to evolve, its accompanying products and services will proliferate among consumers. This can be seen from the substantial improvements made in friendlier user experiences.
Crypto earnings apps can be for everyone
Instead of learning how to trade, investors can earn passive income without technical knowledge. No need to learn any graphs or charts, as generating returns is possible with just a few taps. These user-oriented solutions that allow for passive crypto earnings are rising in popularity. YIELD App is one of the companies making cryptocurrency investing easier and available to everyone. Users can earn up to 18 percent Annual Percentage Yield (APY) in their investments, which is magnitudes greater than what banks are offering.
Investing in crypto is still a black box for many users, especially with the volatility of the market. But volatility won’t be a problem with YIELD App as the company also offers passive earnings with stablecoins, or cryptocurrencies that are stable in value as the name suggests. This is ideal for beginners or those who prefer stable yields.
“Cryptocurrencies are sparking a lot of curiosity, even for those that don’t have technical knowledge. However, the learning curve is naturally high for many individuals, creating roadblocks to further adoption. By providing the average user with easier ways to earn passive income, they can participate in the crypto space just as they would with familiar savings apps,” shares Justin Wright, Co-Founder, Group CFO, and COO of YIELD App.
A unique approach for crypto accessibility
ATMs have become truly mainstream after decades of global adoption. That’s why companies are expanding solutions to bridging the gap between cryptocurrency and the physical world. Take CoinUnited.io for example, which is spearheading this approach with Bitcoin ATMs. This Hong Kong-based company enables everyday users to access crypto directly through Bitcoin ATMs. To date, the company has over 1,000 ATMs across Asia.
Combining the familiar element of physical ATMs with the novelty of digital assets is opening new gateways for consumers to use crypto. For CoinUnited, each ATM user has an online wallet that can hold more than 5,000 cryptocurrencies at 0% commission while earning up to 15% in rewards. There are no more complicated steps to trade and earn; everything is possible in one account.
More users can be encouraged to try crypto if they know that real people are there to support them. Friendly experts who can assist people on-site can be a solution for faster crypto adoption. After all, hands-on learning is the most practical way to quickly understand the benefits.
How accessibility is shaping the future of cryptocurrency
The cryptocurrency market will undoubtedly grow more significantly in the coming years, but providing easier access to this market is necessary to support this expected growth. By having flexible gateways to access crypto, it may become the preferred currency or investment choice across the world. One way to fast-track this growth is to fuse familiar user experiences with the latest technological advantages of crypto. Whether that is through passive earning apps or friendly Bitcoin ATMs, people now have more options to enter the crypto space.
The Human & Machine podcast is dedicated to inform and demystify the crypto, DeFi, GameFi, NFTs and blockchain industries for the average person.
Tlahui is a man in love with words and blockchain. His storytelling and passion to communicate led him to co-host The Human & Machine, a podcast and YouTube channel. Where he rightfully plays the role of an average-minded Human trying to understand and explain in layman terms, the lingo and complexities thrown at him by The Machine, his heartless, yet brilliant co-host.
Hikaru is a blockchain lover with a weakness for cooking. His outstanding understanding and experience in blockchain technologies, plus his unhuman work ethic have earned him the nickname of The Machine. In the show, he plays the role of a hybrid all-knowing robot that goes out of his way to explain blockchain concepts to The Human while trying not to lose faith in humanity.
Kenny Au, aka The Brain, is a #Web3.0 #FutureofWork #DistributedOrganizations Outerspace OG. His brain functions in spacetime. Plus his innate visions and strategies in Web 3.0 have developed him the nickname of The Brain.
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