Everything about Crypto Currencies ?

What are crypto currencies

Cryptocurrencies are digital or virtual tokens that use cryptography to secure transactions and to control the creation of new units.

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Not backed by Govt Banks and are decentralised.

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Bitcoin, the first and most well-known cryptocurrency, was created in 2009.

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The transactions made in cryptocurrencies are recorded on a public ledger called a Blockchain, which provides transparency and security.

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A blockchain is a decentralized, public ledger that records all cryptocurrency transactions.

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Cryptocurrencies can be used for a variety of purposes including online purchases, peer-to-peer transactions, investment, and speculation.

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Bitcoin (BTC) - The first and most well-known cryptocurrency, created in 2009.

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Ethereum (ETH) - A decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).

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Ripple (XRP) - A digital currency designed for financial institutions to facilitate cross-border payments.

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Litecoin (LTC) - A cryptocurrency that is designed to be faster and cheaper to transact than Bitcoin.

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Bitcoin Cash (BCH) - A fork of Bitcoin created in 2017 to address scalability issues.

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Tether (USDT) - A stablecoin designed to maintain a stable value relative to the US dollar

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Binance Coin (BNB) - The native token of the Binance exchange, used to pay for fees on the platform.

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Coinbase,Binance,Kraken, Bittrex,Bitfinex are some of the Platforms were Cryptos are traded.

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Watch More: How to Earn from Cryptocurrencies ?

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