We often hear phrases and terms lately such as: cryptocurrency trading, cryptocurrency investment or names such as the digital currency Bitcoin ... So what is meant by all of this?

What are cryptocurrencies? And what can you do with them? And is Bitcoin the only digital currency in the world?

We will answer all these questions in today's article, so all you have to do is keep reading until the end!

What are cryptocurrencies?#

Cryptocurrency in English is an encrypted virtual currency that enables you to buy goods and services online. It uses a digital ledger on the Internet with strong encryption to ensure and protect financial transactions online.

The growing interest in these virtual currencies comes as a result of what is known as "cryptocurrency trading", in which these currencies are bought and sold to achieve real financial profits from them.#CryptoMENA #CryptoWatchMay2024 #BTC☀ #BNBToken #ETHETFsApproved