A quick guide to understanding cryptocurrency
CRYPTOCURRENCY – Technology has come-up into a new level – from digital phones, tablets, computers, and now the Digital Currency or known as the Cryptocurrency of the new generation.
Many people use debit and credit cards instead of a physical money coming from their pocket wallets to pay for their purchases, but there is more than a card to pay for your commodities at this millennium, and it is actually the ‘Cryptocurrency’. Not everyone knows what cryptocurrency is, some even think that this is a scam, some people think it’s not true until they know how it is done.
There are many types of cryptocurrencies, Bitcoin or BTC is the most popular specially for beginners. Next to bitcoin is Ethereum, Litecoin, Ripple, Dash, IOTA, Monero, Zcash, Cardano, Stellar, NEM, NEO and Tron.
The said cryptocurrencies have their sorts of similarities and differences, when it comes to uses, trading, and policies. Japan has officially opened its door for digital currencies as a mean of payment right next to real money.