THE
RISE OF CRYPTOCURRENCY IN PAKISTAN AND FIVE7 THE NEXT BIG THING
With the passage of the time cryptocurrency has
become a global phenomenon that is being embraced in Pakistan as well. Cryptocurrency is based on block chain technology that is being managed through various
encryption techniques. With the advancement of the technology crypto is more likely to become superior then other traditional Physical currencies.
Cryptocurrency is widely used in more than 110+ countries around the globe due
to its many advantages that include lower transaction costs, easy payment
methods and transparency of capital. Overtime Pakistan has embraced crypto
currency as well, Khyber Pakhtunkhwa (KPK) is one of the first region in
Pakistan in which government plans to build hydroelectric powered crypto currency
mining Farms. Mining and trading of cryptocurrency is also widely accepted in
this area. According to the annual report Binance and Coinbase are the most
downloaded apps in Pakistan. Crypto currency is being adopted in Pakistan due to
these following reasons.
1) Due to its high volatility
2) Trading leverage
3) To make profit,
4) Due to its rising popularity.
ROLE
OF WAQAR ZAKA IN PROMOTING CRYPTO CURRENCY
The reality show host Waqar Zaka after departing
from his show in 2014 began promoting crypto currencies on various social media
platforms. He got worldwide recognition for helping refugees from various
countries by assisting them with earning money via trading crypto currency. In
2018 Waqar Zaka became one of the very first Pakistani to speak in one of the biggest
block chain event held in San Francisco known as Block chain Economic Forum. Waqar
Zaka is a promoter of cryptocurrency and has encouraged people of Pakistan to
invest in it. Furthermore after his continuous and tiring efforts he finally succeeded
when the KPK government allowed him to set up hydropower based crypto mining
farm which is one of the biggest crypto mining farms in South Asia functioning
on hydropower.
ABOUT
FIVE7
Five7 is Pakistan’s first cryptocurrency that is
providing a complete ecosystem. It was launched on 27th December
2021 on pancake swap. The investors who
had foresight to buy and hold Five7 in earliest days have earned huge profit as
its price skyrocketed. Five7 is among few other digital currencies which help
their customers in day-to-day transactions and payments. According to the chief
operating officer of Five7 Mr. Aitesam Javed https://ae.linkedin.com/in/aitesamjaved16 their plan is to build an
advanced block chain ecosystem with the facility of debit card, digital asset
exchange, block chain Academy and other cryptocurrency services. Five7 has
certain qualities that make it amongst some others crypto currencies that will
lead the future with endless possibilities. Below are the three characteristics
of Five7 that makes it one of the best coins to invest in.
SUPPLY
Five7 has fixed amount of coins that exist and it
has a maximum supply of 150 000 000 Five7 coins. Five7 has limited crypto
currency that will make it more valuable overtime. Five7 is a strong upcoming
cryptocurrency with fixed number of coins in circulation.
USAGE
Five7 enables its user to buy and trade it in
exchange for goods and services. By investing in Five7 you can open up to whole
new world of possibilities. Apart from buying and selling of Five7 at the right
price it can also be used in day-to-day transactions.
PRICE
AND VOLUME
Up to date information about Five7 is
available online on Coinmarketcap. The increasing price and volume of Five7
clearly indicates that it has a huge momentum to go forward.
ORGANIZATION
Before investing in any crypto it is very important
to check out its team first. Five7 has high skilled team with relevant
experience and positive social media status
SOCIAL
ENGAGEMENT
Last but not least
social engagement of Crypto's community is very important. Five7 has strong
vibrant and positive online community and holds online presence and
engagement on various social media
platforms such as Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, Twitter, and YouTube to help and guide its community.
The official website link of Five7 is given below
Here are he various social media links of Five7
https://twitter.com/five7_io57
https://web.facebook.com/Five7.io/?_rdc=1&_rdr
https://www.coinbase.com/price/five7
https://www.instagram.com/five7.io/?hl=en