1. Decentralization: They are not controlled by governments or financial institutions. 2. Security: Cryptography protects transactions and data. 3. Transparency: All transactions are recorded in a public ledger (blockchain). 4. Globality: They can be used anywhere in the world. 5. Volatility: Their values can vary significantly in short periods.
Examples of popular cryptocurrencies:
• Bitcoin (BTC): The first and best known. • Ethereum (ETH): With support for smart contracts. • Binance Coin (BNB): Associated with the Binance exchange. • Ripple (XRP): Focused on fast international payments. • Cardano (ADA) and Solana (SOL): Known for their advanced blockchain platforms.
What do you think of this portfolio? Unfortunately, it lost almost 900 reais in value during this market downturn, but we're going to go up quickly, quickly... #TopCoinsSeptember2024 #trump $BTC $ETH $XRP