What Is Cryptocurrency?

Date: Feb 03, 2021, 14:49

cryptocurrencies are the currencies which stored and transferred electronically.

Digital currencies have the same characteristics as physical currencies, but digital currency transfers are usually instantaneous and without third party involvment.

The most important feature of digital currency is its decentralization.it is not under control of any particular institution organization and government.

As a result, there is not any government involvement in the management and promotion of existing projects in the blockchain network.

Blockchain is a network in which digital currencies are exchanged.

It is possible to use any type of digital currencies for different financial transactions from different parts of the world.

There are trading platforms for digital currencis, when these same currencies are traded by humans against each other, resulting in profit and loss.

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