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What is cryptocurrency? pdf

When using cryptocurrency to pay for goods or services, each transaction is securely encrypted and recorded on a public ledger called a blockchain.

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What is cryptocurrency? pdf

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  1. www.nadcab.com welcome To Cryptocurrency exchange NADCAB TECHNOLOGY

  2. INDEX 1.WHAT IS CRYPTOCURRENCY ? 2. UNDERSTANDING CRYPTOCURRENIES ? 3. BENFITS OF CRYPTOCURRENCY 4. SOME CRYPTOCURRENIES EXCHANGER www.nadcab.com

  3. CRYPTOCURRENCY ? ‘‘A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation’’. www.nadcab.com

  4. UNDERSTANDING CRYPTOCURRINES Cryptocurrencies are systems that allow for the secure payments online which are denominated in terms of virtual "tokens," which are represented by ledger entries internal to the system. "Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions. www.nadcab.com

  5. BENEFITS OF CRYPTOCURRENCY With cryptocurrency, the transaction cost is low to nothing at all—unlike, for example, the fee for transferring money from a digital wallet to a bank account. You can make transactions at any time of the day or night, and there are no limits on purchases and withdrawals. And anyone is free to use cryptocurrency, unlike setting up a bank account, which requires documentation and other paperwork. International cryptocurrency transactions are faster than wire transfers too. Wire transfers take about half a day for the money to be moved from one place to another. With cryptocurrencies, transactions take only a matter of minutes or even seconds. www.nadcab.com

  6. SOME CRYPTOCURRENCY EXCHANGER 1.Best Overall: Coinbase and Coinbase Pro 2.Best for Beginners: Cash App 3.Best for Altcoins: Binance 4.Best Decentralized Exchange: Bisq www.nadcab.com

  7. THANK YOU kk www.nadcab.com

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