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Beginners Guide To Cryptocurrency

Cryptocurrency is a form of digital money which is renowned for its secure nature and anonymity. Like normal currencies, it is a medium of exchange but designed for the purpose of exchanging digital data through a process made possible by cryptography u2013 a method of converting information into an uncrackable code to track purchases and transfers.

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Beginners Guide To Cryptocurrency

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  1. BEGINNERS GUIDE TO CRYPTOCURRENCY

  2. WHAT IS CRYPTOCURRENCY Cryptocurrency is a form of digital money which is renowned for its secure nature and anonymity. Like normal currencies, it is a medium of exchange but designed for the purpose of exchanging digital data through a process made possible by cryptography – a method of converting information into an uncrackable code to track purchases and transfers. http://digitalsecurities.com

  3. TOP CRYPTOCURRENCIES OF 2019 Bitcoin Litecoin Ripple Ethereum

  4. - As the first ever virtual currency, bitcoin was created in the year 2009. -Bitcoins transactions are carried over a decentralized network. - This makes them extremely safe and private. Guide to Cryptocurrencies utilizes encryption for verifying any fund transfers. 1 Bitcoin= $3,985.01 Macrh 2019 BITCOIN

  5. LITECOIN - Introduced in the year 2011, Litecoin is also regarded as the ‘Silver’ of the cryptocurrencies. - Litecoin offers fast and secure transactions within the blockchain network. 1Litecoin= $59.76 Macrh 2019

  6. RIPPLE -Ripple is based on a system (also known as Ripple), which is capable of processing a number of transactions. -Ripple, like Bitcoin, enables users across the globe to perform transactions quickly and securely. 1 Ripple= $0.307 Macrh 2019

  7. ETHEREUM -Launched in 2015, Ethereum also utilizes the blockchain technology for performing transaction. -Ethereum isn’t used for purchasing simple products on the web. It is basically a system that supports smart contracts for investing in the Initial Coin Offerings of newly formed companies. 1 Ethereum= $136.61 Macrh 2019

  8. How Do Cryptocurrencies Work? They operate on a public ledger called blockchain, which is a record of all transactions held by currency holders. Cryptocurrency is generated through a process called mining, which involves using computers to solve complicated math problems that produce coins. Alternatively, users can purchase coins from brokers then store and spend them, with bitcoin wallet being the most common.

  9. Is Cryptocurrency Legal or Illegal in US? No it's not illegal and there are millions of investors within the US alone invested in cryptocurrencies and blockchain technologies. However this doesn't mean trading cryptocurrencies are bad or illegal, and governments all across the globe actually have already admitted that blockchain technology is a disruptive force paving way for the future of global commerce.

  10. How to buy Cryptocurrency in US? Register for an account with an exchange like Coinbase. Enable two-factor authentication. Verify your account. Click “Deposit USD.” Transfer funds into your account. Click “Buy/Sell” at the top of the screen. Search for bitcoin and click on “Buy BTC.”

  11. How can you earn from Cryptocurrency? Here are some of the main points: 1. Paid-To-Click sites 2. Crypto faucets 3. Micro jobs 4. Crypto writing 5. Signature Campaigns On BitcoinTalk Forum 6. Affiliate Marketing 7. Providing Crypto-Related Services 8. Crypto Lending 9. Crypto mining 10. Crypto Trading

  12. For More Details Visit: http://digitalsecurities.com Follow Us: https://www.facebook.com/DigitalSecurities https://twitter.com/Digital_Stocks

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