eCrypto.co.in
March 21, 2022
Cryptocurrency is a digital payment system that doesn't rely on banks to verify transaction
Cryptocurrencies run on a distributed public ledger called a record of all transactions updated and held by currency holder
There are thousands of cryptocurrencies. Some of the best known include:Bitcoin,Ethereum
Founded in 2009, Bitcoin was the first cryptocurrency and is still the most commonly traded.The currency was developed by Satoshi Nakamoto
Developed in 2015, Ethereum is a blockchain platform with its own cryptocurrency, called Ether (ETH) or Ethereum
This currency is most similar to bitcoin but has moved more quickly to develop new innovations, including faster payment
Ripple is a distributed ledger system that was founded in 2012. Ripple can be used to track different kinds of transactions, not just cryptocurrency.
The first step is deciding which platform to use. Generally, you can choose between a traditional broker or dedicated cryptocurrency exchange
These are online brokers who offer ways to buy and sell cryptocurrency, as well as other financial assets like stocks, bonds, and ETF
Traditional brokers.
There are many cryptocurrency exchanges to choose from, each offering different cryptocurrencies, wallet storage, interest-bearing account options.
Cryptocurrency exchange
How Crypto Investing Work
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Is crypto a good investment?