CRYPTOCURRENCY

“At this crucial time, telling someone about cryptocurrency is not financial advice by all factors. It is life advice.”

Cryptocurrency 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.

The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of the blockchain makes cryptocurrencies theoretically immune to the old ways of government control and interference. Cryptocurrencies can be sent directly between two parties via the use of private and public keys. These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions

There are different types of cryptocurrency:

Top 10 of them are according to market cap is as of (March 2021):

1. Bitcoin(BTC)

2. Ethereum(ETH)

3. Binanace Coin(BNB)

4. Cardano(ADA)

5. Polkadot(DOT)

6. XRP(XRP)

7. Litecoin(LTC)

8. THETA(THETA)

9. Bitcoin Cash(BCH)

10. Stellar(XLM)

Top 10 cryptocurrency exchanges platform in 2021:

(*) Number of visitor data was provided by similarweb.com and updated on 01-03-2021

(**) Payment options that do not have any value inside parentheses do not charge any commission during the transaction.

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