What are Cryptocurrencies?
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