What is Cryptocurrency?
- Cryptocurrency is an internet-based medium of exchange Cryptocurrencies uses blockchaintechnology to make it decentralized and transCryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.
- Unlike traditional fiat currency (USD,EU) cryptocurrency is decentralised which means it is not controlled by any central authority. This is what makes it so unique and popular!
- Cryptocurrencies can be sent and received between cryptocurrency
- wallets using both public and private keys. These transfers normally have very low fees compared to fiat currency transfers.
How Can I Invest in Cryptocurrency?
Cryptocurrency is incredibly easy to buy nowadays with a vast amount of cryptocurrency exchanges hitting the market. it is no easier than ever all you have to do is chose the correct Exchange for you, deposit fiat currency into your cryptocurrency wallet and buy cryptocurrency with it. To check which Cryptocurrency Exchange is best for you have a look at these reviews of the top Exchanges in the market.