Are cryptocurrencies safe?

Yes! Take a look at the following points if you have any doubts:

Cryptocurrencies such as Bitcoin and Bitcoin Cash have become popular in the last couple of years. This is mostly because they are very safe and its value increases constantly.

Here are some other advantages behind cryptocurrency:

Safety

1. The cryptocurrency in your wallet is saved in your personal device (iPhone or Android). A server such as a bank or email is not used (unless you choose an online digital wallet).
2. It is necessary for each person to physically have his or her personal device and his or her wallet information to access it.
3. All transactions are saved in the Blockchain.

Privacy

1. Personal information is not saved, only the cryptocurrencies addresses of those who send and receive them are storage.
2. By using a wallet, nobody knows who is receiving or sending cryptocurrency. The whole process is private and is reserved between both parts.