Cryptocurrency Adoption Increases: Role of Improving the User Experience




The process of cryptocurrency adoption is necessary and needs to increase the approach of user experience. Without doing this, this process will be comparatively slower.

In the past time, there was a great difficulty for its adoption as there was less to none approach to the internet. If we look at the year 1995, only 10 per cent of American users have adoption to the internet after launching of the first web browser in 1990. By the year 2000, about 50 per cent of the U.S. citizens have adopted to the internet.

Nowadays, the world in the absence of the internet would be mysterious, and the same will be maintained for cryptocurrency in the future.

From the internet birth, the technologies promoted by the crypto trade are usually regarded as the most troublesome and pattern-shifting improvements since the birth of the internet itself. They are speedily modifying the method people communicate, trade, and earn the freedom of their assets and money.

Adoption of the internet was very slow at the beginning of 1990s. With advancements in the network, scalability, security, and ease of use is increased due to efforts. The same is for cryptocurrencies and Blockchains, and it is facing issues in its improvements towards security and ease of use.

For seeing that the cryptocurrencies have reached to the top throughout the globe due to accelerating the mainstream adoption, there is a need of wearing the cap of user experience designer.

Cryptocurrencies need Simplification:

We all know that the concept of cryptocurrency is not a simple one. The crypto industry is consistently working for pinching the latest patterns of technology into the traditional ones. This whole idea and concept could be simple for some people but not for most of them.

The first essential thing to consider is communication on the reason for differences between crypto (BTC, ETH) and traditional money (euros, dollars, pounds). Most people don’t know that crypto is a global and decentralized digital currency, which is free from government interventions and not supported by a central body.

The second essential thing is to communicate that the war is not only between crypto and traditional banking. But every one of us is adopting to crypto and banks and institutions their self are uniting cryptocurrencies into their system.

Access to crypto is natural user experience:

The noticed complications of onboarding are the reasons that keep the majority of people away from access to the field of crypto. Now, it is those who know the internal operations of cryptocurrency technology that are drawing the advantages of its worth. It would be an injustice to remove beginner traders due to the lack of their knowledge to get access to more ways of finance.

New users need sort of confidence when they use Bitcoin or any other cryptocurrency, and need command over ease while exchanging the funds. Nowadays, the debit cards of crypto are assisting in fulfilling this need. Just like other banking account systems, crypto ATMs allow instant withdraw of cash with easy access.

About the author, Awi Khan

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