A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.
Here are the 10 most popular cryptocurrencies in circulation today.
Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ethereum, BAT, NEO, Ripple XRP, Stellar (XLM), Cardano (ADA)
You can see lots of other currencies in our cryptocurrency exchanges, so feel free to explore.
Cryptocurrency exchanges are places where you can turn one kind of digital asset into another.
The way cryptocurrency exchanges do this through trading pairs. A trading pair is a market between two assets, like Ethereum and Bitcoin allowing you to trade one for the other.
Many exchanges only support crypto pairs, but a few also support fiat pairs like the U.S. Dollar and Bitcoin.
A centralized exchange takes custody of your funds to trade.
Cryptocurrency exchanges are powerful tools that enable savvy crypto investors to gain access to liquid markets and a large number of digital assets and are a necessary component of a rapidly growing cryptocurrency ecosystem.
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Please note that we are providing our cryptocurrency exchanges and market lists as a public service only. Use at your own risk! Always consult with a investment professional before investing or trading in any cryptocurrency.
Blockchain technology and cryptocurrency can be both fun and a bit foreign and overwhelming!
We know this most likely is all new, exciting, and a bit foreign to most of you. No worries; we are still getting the hang of this ourselves. Why not do this together?
If you need some help figuring out our cryptocurrency exchanges or would like to know more about how the innovative web design agency can apply blockchain technology to your next project please feel free to contact us!