Renegade Whitepaper
  • A word from the founder
  • The Challenges Facing Traditional Financial Markets
    • Financial Markets
  • Renegade - bridging the gap
    • Cryptocurrencies vs. traditional financial markets
    • Limited global availability
  • Mission
    • Accelerate the World’s Transition to Cryptocurrency
  • Vision
    • Cryptocurrency for everyone.
  • Future of the Internet - Web3
  • The challenges currently facing cryptocurrency exchanges
    • Insufficient compliance
    • Isolation from traditional banking
    • Trading fees
  • Issues with cryptocurrency wallets at present
    • Asset safety
  • Banking challenges with cryptocurrencies
    • Limited accessibility
  • Challenge Identification and Our Approach
    • Principal Obstacles in Promoting Cryptocurrency Adoption
    • Our Approach
  • Renegade Payment Solutions
    • RenegadePay
    • Unique Selling Proposition
  • The Renegade App
    • User Experience
      • Buy & Sell Crypto
      • Send & Withdraw Crypto
      • Manage the Visa Card
      • Track Crypto
    • Traditional Banking
    • Currency Exchange
    • Security
      • Secure Wallets
      • Two-Factor Authentication (2FA)
      • Biometric Authentication
      • Encryption
      • Suspicious Activity Monitoring
      • Instant Notifications
    • Renegade Wallets
      • Our Offering
      • Custodial
      • Non-custodial
    • Renegade Lend
  • Renegade’s Business Model
    • Renegade Exchange
      • Our Offering
    • User Experience
      • Spot Trading
      • Margin Trading
      • Derivatives Trading
      • Staking Benefits
        • Fixed Stake-and-Earn
        • Flexible Staking
      • Other Features & Promotions
    • Revenue streams
      • Transaction fees
      • Exchange fees
      • Renegade Lend
      • Future revenue streams
  • Visa Card
    • The Renegade Reward System
    • The Renegade Squad
    • Renegade Squad Points (RSP)
      • How To Earn Squad Points
        • Staking RNG
      • How To Use Renegade Squad Points
        • Reward %
        • Reward Cap
        • The Renegade Benefits
    • The Founders Editon
      • Founders Cards
      • Founders NFTs
  • The Renegade Tokenomics
    • Tokenomics
      • Token Information
      • Token Distribution
    • Token Utility
  • Company Background
  • Status Quo Renegade
  • Links
    • Twitter/X
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  1. Renegade - bridging the gap

Cryptocurrencies vs. traditional financial markets

Effectively managing assets and providing safety in times of economic decline is vital for any financial service provider. For hundreds of years these providers relied on precious metals, mostly gold, to preserve the value of assets during economic downturns. It is still widely believed that gold can withstand and hedge the risks caused by economic uncertainty and political upheaval.

The major advantage cryptocurrencies have that no other asset class has ever had is decentralisation.

Yet there is a risk inherent in physical asset classes like gold. In times of unrest, these asset classes can break down because they are still attached to physical locations like land or bank vaults.

By contrast, cryptocurrencies benefit from being decentralised - they are free from any physical location. There are no known ways to stop blockchain based currencies from distributing information updates, whatever the political circumstances. This means assets are kept safe around the world, around the clock.

Bitcoin and other cryptocurrencies are gaining increased interest from investors as their immense potential becomes clear. On the one hand, they provide the hedge investors need. On the other hand, they’re currently also a great short-term trading resource because of the volatility in price. This makes them high-risk, short-term investments with high-yield potential, something every trader is looking for. And they have the capability to hedge traditional financial derivatives. This unique combination is what makes cryptocurrencies a true phenomenon.

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Last updated 1 year ago