what is cryptocurrency ?

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NADCAB TECHNOLOGY
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INDEX
1.WHAT IS CRYPTOCURRENCY ?
2. UNDERSTANDING CRYPTOCURRENIES ?
3. BENFITS OF CRYPTOCURRENCY
4. SOME CRYPTOCURRENIES EXCHANGER
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CRYPTOCURRENCY ?
A cryptocurrency is a digital or virtual
currency that is secured by cryptography, which
makes it nearly impossible to counterfeit or
double-spend. Many cryptocurrencies are
decentralized networks based on blockchain
technologya distributed ledger enforced by a
disparate network of computers. A defining
feature of cryptocurrencies is that they are
generally not issued by any central authority,
rendering them theoretically immune to government
interference or manipulation.
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UNDERSTANDING CRYPTOCURRINES
Cryptocurrencies are systems that allow for the
secure payments online which are denominated in
terms of virtual "tokens," which are represented
by ledger entries internal to the system.
"Crypto" refers to the various encryption
algorithms and cryptographic techniques that
safeguard these entries, such as elliptical curve
encryption, public-private key pairs, and hashing
functions.
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BENEFITS OF CRYPTOCURRENCY
With cryptocurrency, the transaction cost is low
to nothing at allunlike, for example, the fee
for transferring money from a digital wallet to a
bank account. You can make transactions at any
time of the day or night, and there are no limits
on purchases and withdrawals. And anyone is free
to use cryptocurrency, unlike setting up a bank
account, which requires documentation and other
paperwork. International cryptocurrency
transactions are faster than wire transfers too.
Wire transfers take about half a day for the
money to be moved from one place to another. With
cryptocurrencies, transactions take only a matter
of minutes or even seconds.
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SOME CRYPTOCURRENCY EXCHANGER

1. Best Overall Coinbase and Coinbase Pro
2. Best for Beginners Cash App
3. Best for Altcoins Binance
4. Best Decentralized Exchange Bisq

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