The world's economy is undeniably trekking towards adopting a new system: a digital eco-system. From money transfer to investment, everything around us is turning digital.

And the newest addition to this digitization phenomenon is cryptocurrency. This is an exchange medium like any regular currency; however, it is specially designed to exchange digital information.

According to Investopedia, virtual or digital currency employs cryptography for security to lower the chances of counterfeit.

And because cryptocurrency is never issued by some central authority, the government cannot take it away from you.

With that said, if you know everything about crypto and want to start teaching it, keep reading:

A person trading cryptocurrency on a tablet
Teaching cryptocurrency classes will not only enable you to help your students learn of the crypto market, but it will also increase your knowledge of the crypto space and help make the right decisions for the future (Source: Unsplash)
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Lourdes
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Aubrey
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Andrea
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Thomas
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Benefits Of Providing Cryptocurrency Classes In The US

If you still haven't become accustomed to the idea of blockchain technology, you need not worry. It is estimated that only 15% of Americans presently own some type of digital currency like Ethereum or Bitcoin.

A significant portion of investing in cryptocurrency happened in the past two years. However, your investment stance is irrelevant; cryptocurrency and blockchain technology will undoubtedly impact your future.

Over the past years, there has been a rapid increase in digital currency among the public. Here are some of the benefits of giving cryptocurrency classes in the US:

A Significant Increase In Economic Activities

There is an entire industry built around blockchain technology, and it is carried by organizations committed to supervising the global digital coin exchange.

The growth of cryptocurrency has been mind-boggling. And this is highlighted by early adopters of blockchain technology who found financial growth opportunities and became rich overnight.

The most famous cryptocurrency, Bitcoin, has allowed many companies and people to flourish and develop, while many rely on trading it as an income source.

That is why you will observe a gradual shift in the economy to adapt to these increasing needs. And blockchain technology with cryptocurrency has the potential to satisfy it.

Lower Transactional Costs

Since blockchain and cryptocurrencies do not require a physical holding location to exist, the transactional costs are pretty low.

The need for rent payment, utility bills, and employees' wages is eliminated; therefore, these savings morph naturally into lesser transactional fees.

It also urges more people to start transactions by trusting these new financial tools, bringing the world economy closer together.

Also, based on the broker you select, you can trade without a minimum deposit requirement.

In simpler words, crypto transactions can be easily made at a lower cost and more secure than any other transaction.

A person holding a Bitcoin and another carrying a 50 USD bill
Teaching to invest in cryptocurrency will ultimately help you gain skills and an understanding of crypto trading, allowing you to become a better investor as well (Source: Unsplash)

Highly Inclusive Financial System

You might not know this, but one-third of the global population has no access to essential banking services. As a result, they find it harder to navigate:

  • A personal financial crisis
  • Checking accounts
  • Loans

In most cases, the people at a financial disadvantage generally resort to dangerous and doubtful lending practices.

This results in them taking out a loan at an unfair interest rate, resulting in higher instability for those requesting a loan.

Here, the cryptocurrency enters like a messiah with its ease of use and high volatility. These days, multiple programs and applications facilitate cryptocurrency usage, bringing them to a bigger audience.

Furthermore, an added advantage of investing in cryptocurrency is that it is decentralized; therefore, you can trade freely and easily across borders.

By teaching crypto-currency classes, you will be helping students learn techniques that will eventually facilitate a financial revolution.

Secure And Transparent Transactions

Since all cryptocurrency transactions are digitized and automated, they are all tracked in a distributed ledger.

The great part about blockchain technology is that it cannot be influenced by either companies or people, significantly lowering the risk of corruption and fraud.

As a result, underdeveloped countries have a higher chance of entering the game of financial transactions and boosting social prospects.

What's more, citizens can keep track of the orientation of state funds and eventually have a say in their political climate.

Since it is based on blockchain security and cryptography, the decentralized cryptocurrency has a more secure payment form.

And this may be one of the evident benefits of taking cryptocurrency classes. So if you're looking for a reason to become a crypto tutor, this is it!

Hash Rates

Hash rate largely determines crypto security. The greater the hash rate, the higher the computing power needed to compromise your network.

The most secure cryptocurrency is Bitcoin, and it has the greatest hash rate of any network.

However, something that you will only learn when you teach crypto-currency classes is how to use crypto exchange and its security parameters.

Exponential Industrial Growth

The cryptocurrency industry is among the fastest-growing markets of our lifetimes. Therefore, getting a slice of the crypto cake now would be akin to investing in Google in the 1990s.

The cryptocurrency market cap in 2013 was around $1.6 billion, and by June 2021, these figures rose to above $1.4 trillion.

So when you give crypto lessons, you will essentially be part of a trillion-dollar industry and help shape the future of cryptocurrency.

Low Fees And Short Settlement Times

Some people are only looking to invest in crypto due to the price appreciation, whereas others take advantage of it as an exchange medium.

Ether and Bitcoin transactions may cost you anywhere from dimes and nickels to hundreds of dollars or higher.

In contrast, various cryptocurrencies such as XRP, Litecoin, and others can be traded for pennies or even less.

The great thing about it is that crypto payments settle in a matter of seconds or minutes. Meanwhile, bank wire transfers can cost a lot more, and their settlement can even take around 3-5 business days.

A physical representation of Litecoin and Ethereum
When it comes to cryptocurrency help, you do not have to wait for the market to open, unlike the traditional financial institutions. The Crypto market is open 24/7, making it the first global and all-inclusive transaction method (Source: Unsplash)

Good Returns

It comes as no secret that for the past 12 years, Bitcoin has been among the highest-performing assets.

When it started in 2009, it basically had zero value. It rose to more than just a penny in the years that followed and ultimately to tens of thousands of dollars.

This shows millions of percentages in gains, and comparatively, the S&P 500 stocks index returns an average of around 8% annually.

At times, Altcoins have gained an edge over Bitcoin by extremes; however, it was short-lived, and many later observed the collapse in their price.

So when you give crypto lessons, you will be able to help your students understand how volatility has exemplified prices in the crypto space.

Crypto Market Is Open 24/7

In the case of the New York Stock Exchange, the market is only open on weekdays from 9:30 am – 4:30 EST.

Many conventional financial markets are closed for business during the weekends, holidays, and even nights.

On the other hand, as mentioned before, crypto markets are open 24/7 without any exception. Things that can only interrupt your cryptocurrency trade ability may be an internet outage, power outage, or a centralized exchange outage.

By becoming a crypto tutor in the US, you will be able to impart the knowledge of investing in cryptocurrency to your students so they can benefit from the 24/7 open market.

Increased Private Transactions

Even though privacy is considered one of crypto's advantages, the platform is not as private as you may think. Blockchains form a public ledger that forever records every transaction.

However, this ledger will only display a wallet address; if you can connect someone's identity to a particular wallet, tracking the transaction will become a dangerous possibility.

Though it must be noted that many transactions in the crypto space are pseudonymous; hence, there are various ways to make the transactions more anonymous.

Methods such as these are much more advanced. Therefore, they have no place in a class on cryptocurrency trading for beginners.

So as a teacher, you will be responsible for helping your students transition from beginner to advanced.

The greatest crypto benefit is it is used to exchange value amongst two parties. Furthermore, it can be done independently of a third party, making your transaction censorship-resistant.

Diversification Of Portfolio

Cryptocurrency has eventually come to be known as a class of non-related assets. Basically, crypto markets function freely from other markets, and their prices are likely governed by factors other than those affecting:

  • Commodities
  • Bonds
  • Stocks

Additionally, it is worth noting that cryptos have started to trade side-by-side at times with stocks for a particular time for the past few years.

As a cryptocurrency guide, you will be responsible for many students diversifying their portfolios.

Inflation Hedge

Limited supply cap mineable cryptocurrencies, like Litecoin, Monero, and Bitcoin, are thought of as great hedges against inflation.

Since monetary inflation does happen when governments and central banks print more money, thus increasing supply, scarce items tend to increase in value.

With many new dollars going after fewer and fewer crypto coins, the price of the fixed-supply coins, when measured in USD, has a great chance of going up.

Furthermore, the Bitcoin protocol is designed to keep the coins low regardless of what is happening with the monetary policy.

Teaching Cryptocurrency Classes For Beginners

The world we live in is changing, and it is quickly evolving. The rate at which cryptocurrencies are taking the reins of the financial market is a clear indicator that conventional financial institutions are becoming obsolete.

Similarly, our world faces an increasing need to have complete financial and social inclusion, and blockchain technology has everything needed to address these problems.

When you become a crypto tutor in the US, you will be able to guide students who will have to choose between multiple options in the future. Plus, you can also make a pretty penny on the way!

With that said, here is a list of available professions for your students when you become a crypto tutor in the US:

Job TitleAnnual SalaryMonthly PayWeekly PayHourly Wage
Cryptocurrency Trading109,068 USD9,089 USD2,097 USD52.44 USD
Cryptocurrency Mining89,763 USD7,480 USD1,726 USD43.16 USD
Cryptocurrency Trader94,427 USD7,869 USD1,816 USD45.40 USD
Cryptocurrency Investigator79,046 USD6,587 USD1,520 USD38.00 USD
Cryptocurrency Accounting79,248 USD6,604 USD1,524 USD38.10 USD

However, these rates will differ according to where you're teaching.

Want To Teach Cryptocurrency Through A Dedicated Platform?

It is only a matter of time until cryptocurrency finds its way into your lives and shapes it for the better, with inclusion and economic growth in mind.

Millions of people now have a chance to send money across borders, invest, start a business, and save money due to the exciting possibilities crypto brings to the table.

However, if you are still unsure, why not contact Superprof. This is where you will find a tutor who will help you secure the necessary cryptocurrency certifications to become a tutor.

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Aimen

Aimen has five years of experience working in the digital marketing industry paired with her diverse background in fields such as computer sciences, building and construction, international affairs, medicine and finance. As a marketer, she helps businesses of all sizes achieve their goals through increased brand visibility, enhanced lead generation, and proper nurturing of potential leads.