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What are Cryptocurrencies?

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Cryptocurrency is also called an  altcoin . A cryptocurrency defined as digital money which takes the form of tokens or coins for transaction from traders is called cryptocurrencies. Cryptocurrencies transacts through credit cards only and the remaining part of the transaction is intangible. C ryptocurrency  is a type of  currency  that uses the  digital  platform for the transaction of  money . The transaction is done using the methods of  cryptography . Cryptography is the  study of protecting information codes by transforming it into a secure format. Digital signatures  use to keep the transactions secure, and letting the people know that the  transactions  are real and genuine. The first cryptocurrencies were made with the aim of providing independence of government-issued currencies. Read More Also:- Gdax The “ crypto ” in cryptocurrencies refers to the creation and processing of digital currencies and their transactions across decentralized systems. “ Decentralized syst