What is cryptocurrency? What are these types?

What is cryptocurrency? What are these types?

So friends, in today's article, we will know what is Corrupt Currency? So friends, let us tell you that in today's world everyone is just running behind cryptocurrencies because friends, in a very short time, cryptocurrency has strengthened its power in the financial market and has also become a cryptocurrency friendly digital money. This is because guys we can't physically do this guys, it's only available online.

Friends, Rupee in India, Dollar in America and Euro in Europe etc. Other currencies are implemented and used by all the governments all over the country, similarly all these currencies are also applicable. Whole world. It is used and it is important for you to understand that no government has a hand in these cryptocurrencies.

Because friends it is a decentralized currency and hence no government or agency or board has any authority on it.

So friends, in today's article, you have been given all the information about cryptocurrency, so friends, without delay, you know what is this cryptocurrency and friends also know about its types.

What is cryptocurrency?

So friends, let us tell you that crypto currency is also called digital currency and friends, it is also a kind of digital asset. These currencies also use cryptography, which we can use to buy anything or for services and friends.

Let us tell you that this is a kind of peer to peer electronic system, which we can use in this system instead of regular currency through internet and in this system friends can buy these services and goods without informing the government. These banks can also work.

If we talk about cryptocurrency, then bitcoin will be the first because friends it was first introduced in the world for all these purposes. Friends, if we talk today, there are more than 1000 of these cryptocurrencies in the whole world and some of them are more important, we will know about it below.

Friends, let us tell you that cryptography is used only to create cryptocurrencies. Friends, if we talk about the first famous cryptocurrency, then it is bitcoin because it was first created and it is also used a lot. Let us tell you that there have been many controversies regarding bitcoin but friends, bitcoin still tops the list of corrupt currencies.

How to invest in corrupt currencies?

Friends, you have to choose the right platform to invest in crypto currency. Because friends, if you people do not choose the right platform, then you may have to pay more fees while training people. Let us tell you that currently Wazirx is the most popular cryptocurrency platform in India.

Friends, let me tell you that it is very easy for you to invest and trade in it and its founder is also an Indian. So friends, if you want, you can invest your money in this.

Types Of Cryptocurrencies

Friends, we tell you that there are a lot of cryptocurrencies, but friends, only a few of them are performing better and better, which you are going to talk about and you can use them other than bitcoin.

1. Bitcoin (BTC)

Friends, if we talk about crypto currency and there is no mention of bitcoin in it, then it is not possible at all. Because friends bitcoin is the world's first crypto currency. Friends Created by Satoshi Nakamoto in 2009.

Friends, this is a digital currency, which is used only for online service and purchase of goods. Friends, this is a decentralized currency, friends, it does not mean that the government or any institution is involved.

Friends, if we talk about today's time, then its value has increased a lot, friends, in today's world it has become close to 13 lakhs and friends, this is the price of just one coin. It tells you the importance of present tense.

2. Ethereum (ETH)

Friends, let me tell you that like bitcoin, ethereum is an open source, decentralized blockchain based computing platform and friends its founder name is Vitalik Buterin and friends its cryptocurrency token is also called ether. Friends, let us tell you that this platform also helps all its users to create digital tokens.

With the help of which it can also be used as a currency and due to a recent hard fork, this Ethereum has also been divided into two parts and friends this Ethereum (ETH) is second only to Bitcoin. Considered the most popular cryptocurrency. and Ethereum Classic (ETC).

3. Dogecoin (Doge)

Friends, the story of Dogecoin has been very interesting from the beginning. Friends, we tell you that to make fun of this bitcoin, compare it with a dog.

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