đļWhat is cryptocurrency...?
Cryptocurrency is a digital currency based on blockchain technology capable of peer-to-peer (P2P) transactions.
đļNotable examples of cryptocurrencies are by marketcap
- Bitcoin, Ethereum, BNB, USDT etc.
- Cryptocurrencies are accessed through crypto wallets or exchanges. Although people often say that their cryptocurrency is "stored" in the wallet, it is actually stored on the blockchain.
Cryptocurrencies have several specific characteristics
Decentralization, Transparency and Immutability.
There are some main reasons behind making cryptocurrencies unique and popular in the current world, they are?- Decentralization- Transparency- Immutability- Programmability- Borderless- Predefined supply of coins.
đļRead this article to know and understand more about crypto currency https://academy.binance.com/en/articles/what-is-a-cryptocurrency