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Cryptocurrency is a digital unit of exchange, that uses great encryption to generate money and to verify transactions. Transactions done using cryptocurrencies are different from the traditional mode of exchange.
This digital currency is created using computer algorithms and are decentralized, no single organisation such as central banks create digital currencies, rather exchanges are conducted through a Peer-to Peer (p2p) exchange network.
About Blockchain Network
Choosing the right crypto to trade on can be an hassle, here are few good coins you can trade on.
Ethereum
In the Ethereum blockchain, instead of mining for bitcoin, miners work to earn Ethereum, a type of crypto token that fuels the network. Beyond a tradeable cryptocurrency, Ether is also used by application developers to pay for transaction fees and services on the Ethereum network
Lite Coin
Litecoin was announced in 2011 with the goal of being the 'silver' to bitcoin's 'gold'. At the time of writing, Litecoin has a high market cap of mined cryptocurrency, after bitcoin.
Dash coin
Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency and decentralized autonomous organization (DAO). ... Dash is a fork of the Bitcoin software and is referred to as an altcoin.
IOTA
IOTA stands for Internet of Things Application, and it's a new crypto technology that facilitates transactions between devices on the Internet of Things (IoT). In order to submit a transaction to the IOTA ledger, you must verify two other previous transactions. IOTA was developed in 2014
Ripple
Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network created by the Ripple company. Released in 2012, Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no charge backs."
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Binary options are prohibited in EEA
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