We are in the 21st century and this century leading us to almost totally in Digital System regularly. Everything Getting as simple in our daily life due to rapid development on Technologies. Among them Crypto Currency is one of best example of Digital World. There are more than 2000 Cryptocurrencies exists and its numbers are growing Day by Day. In this tutorial We are going to Introduce with CryptoCurrency and its Impacts to the world.
What is Cryptocurrency?
Cryptocurrency is a product of Blockchain which is a Virtual Currency. This does not have any kind of central authority. The first and most popular form of Cryptocurrency is Bitcoin and it is introduced in the year 2009 by the anonymous group or Person named Satoshi Nakamoto.
How many Cryptocurrencies are there so far?
As of now, there are more than 2000 Cryptocurrencies. There is no doubt that their count will increase day by day. Some of the popular Cryptocurrencies are
- Bitcoin (BTC)
- Ethereum (Eather)
- Ripples (XRP)
- Bitcoin Cash (BCH)
- EOS
- CARDANO (ADA)
- Litecoin (LTC)
- Stellar (XLM)
- IOTA
- NEO
- Tether
- Dogecoin
- Dashcoin
- Zcash
Are Cryptocurrencies global Currencies?
Yes, of course, Cryptocurrencies are global currencies but some countries do not legally support cryptocurrencies.
How to Purchase bitcoins?
If you want to buy bitcoins, the right place for you is the Cryptocurrency Exchange platform. All you need to do is Register in the Crypto Exchange Platform.
What is Cryptocurrency Exchange?
Cryptocurrency Exchange is the platform where you can buy or sell cryptocurrencies. Some Cryptocurrency Exchange Platform lets you buy crypto with fiat currencies. The cryptocurrency Exchange Platform is broadly classified into Centralized Exchange Platform and De-Centralized Exchange Platform.
What are the popular Cryptocurrency Exchange platforms?
Cryptocurrency Exchange is the peak business in this era. Some of the popular Cryptocurrency exchange platforms are
- Binance
- Bybit
- Coinmama
- Cex
- Karken
- Coinbase
What is the difference between Centralized and De-centralized exchange?
In Centralized Exchange, there is an involvement of the third party and the central authority monitors all the trading activity.
In the De-Centralized Exchange platform, there is no involvement of the third party and there is no central authority to monitor your trading activity.
What is Cryptocurrency Exchange script?
Cryptocurrency Exchange Script is the package of source code that helps you to build an exchange platform.
What is Hybrid Cryptocurrency Exchange?
Hybrid Cryptocurrency Exchange is the combination of Centralized as well as a De-centralised exchange Platform.
What is Cryptocurrency Exchange Clone Script?
Cryptocurrency Exchange Clone Scripts are the complete package of source code that lets you build an exchange platform for some other popular cryptocurrency exchanges. The Website you build by using this clone script will behave as the twining website.
What is Peer to Peer Cryptocurrency Exchange?
In Peer to Peer Crypto Exchange, traders can proceed to trade with themselves without the involvement of the third party. Now Peer to Peer Cryptocurrency Exchange becomes the preferable Choice among traders.
What is Cryptocurrency wallet?
Cryptocurrency Wallet is the kind of wallet where you can store cryptocurrencies. There are two types of wallet
- Hot Wallet
- Cold Wallet
Hot Wallet is an online wallet, where one can store cryptocurrencies on the website. The cold wallet is the place where you can store cryptocurrency in offline i.e desktop
Article By : Diperson
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