About crypto-currency - check out in details

A digital currency, or cryptocurrency, is an alternative payment method developed utilising encryption methods.

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There are several names for cryptocurrencies.

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You have likely read about

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Because of the use of encryption technology, cryptocurrencies serve as both a medium of exchange and a virtual accounting system.

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You need a cryptocurrency wallet in order to utilise cryptocurrencies

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These wallets might be software that is saved on your PC, on a mobile device, or as a cloud-based service.

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Your encryption keys, which verify your identity and connect to your bitcoin, are kept in the wallets.

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1 Because they are still a relatively new concept, the market for cryptocurrencies is quite unstable.

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