What is cryptocurrency? How cryptocurrency works? -Bloggernewstech
Table of context 1. What is cryptocurrency 2. How does cryptocurrency works 3. Advantages and disadvantages of cryptocurrency 4. How to buy cryptocurrency What is cryptocurrency? Cryptocurrency is a digital currency, used as an alternative form of payment using the blockchain technology . Cryptocurrency or crypto is a digital asset that can be bought, sold or traded securely. Unlike fiat currencies (Dollar, Euro etc) crypto can't be controlled by any government or central bank. For example, Bitcoin -- the most popular and first cryptocurrency ever, can be bought from different crypto markets i.e Binance , Coinbase etc. The government can't stop all these markets from trading cryptocurrency. Any can buy Bitcoin or whatever coin they want to buy from these markets and then they can use it like real money to purchase anything. What is NFT? Now you might be thinking why someone will spend his real money to buy these digital currencies if i...