Online currencies have become more common in recent years. Why is this? Is this a positive or negative development?

In recent years, the popularity and
using
Replace the word
use
show examples
of online
currencies
has
Correct subject-verb agreement
have
show examples
improved gradually.
This
case is related to their increasing values and recognition. For me, it is a positive development because users can exchange other assets easily and they can earn them
by
Change preposition
through
show examples
online duties. The reason
of
Change preposition
for
show examples
online
currencies
raising
popularity
Change preposition
in popularity
show examples
is their development in their price and recognition among other
currencies
. They have taken a considerable place in markets and they have become dependable in use. To illustrate that Bitcoin has almost ten million
investor
Change to a plural noun
investors
show examples
in the market and its value has become over thirty thousand dollars. To give another example, many well-known banks have acknowledged these
currencies
for
investment
Add an article
the investment
an investment
show examples
of
people
.
Therefore
, these assets have spread in the world and they will be more common in the future. The first positive fact of these
currencies
is their simplicity to exchange other
currencies
. Owners of these commodities can trade, sell and buy different types of
currencies
rapidly with trivial commissions in the market.
For instance
, a particular currency can alter to
dollar
Add an article
the dollar
a dollar
show examples
in
an
Correct article usage
apply
show examples
half
of
Change preposition
apply
show examples
a minute.
Correct article usage
The market’s
show examples
Market’s
Change noun form
Market
show examples
commissions are around less than one per cent.
Thus
,
this
benefit made these
currencies
more appealing
for
Change preposition
to
show examples
people
. The second positive fact of these
currencies
is they are suitable for users to online earning. After the recognition of these
currencies
, their acquisition has become more common
in
Change preposition
on
show examples
the web. To illustrate that,
although
, the mining
of
Change preposition
apply
show examples
method of these
currencies
have
Correct subject-verb agreement
has
show examples
been prevalent among coders, now, many enthusiasts can earn some assets
via
Change preposition
by
show examples
giving reviews for videos and completing
some
Correct quantifier usage
apply
show examples
certain duties. With these novelties,
people
who love to surf in internet see their spans more worthwhile
in
Change preposition
on
show examples
the web.
Thus
, online
currencies
have become more important for many
people
and they utilize them. In conclusion, causes and examples can be multiplied
with
Change preposition
in
show examples
this
case.
Although
, some authorities have some negative thoughts
Change preposition
about
show examples
in
Change preposition
about
show examples
these
currencies
, in my opinion, their positive aspects overweigh
Correct article usage
the negatives
show examples
negatives
Correct article usage
the negatives
show examples
due to
their
acknowledgment
Change the spelling
acknowledgement
show examples
and consistency in the market. 47 dk.
Submitted by metehancakiroglu3435 on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

Topic Vocabulary:
  • Digital wallet
  • Decentralization
  • Cryptocurrency
  • Blockchain
  • E-commerce
  • Fiat currency
  • Financial inclusion
  • Cross-border transactions
  • Volatility
  • Smart contracts
  • Decentralized Finance (DeFi)
  • Mining
  • Energy consumption
  • Pseudo-anonymous
  • Regulatory challenges
  • Financial privacy
What to do next:
Look at other essays: