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Cryptocurrencies
Cryptocurrency is a digital currency which is accepted worldwide for buying, selling and investing, it is mainly accepted because you can buy cryptocurrency with your local currency and also sell cryptocurrency to get your currency. Cryptocurrency is the fastest means to make payments because it can be done from you to anywhere in matter of minutes depending on the cryptocurrency network confirmation..
Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets..
Cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The aim of encryption is to provide security and safety..