What is Cryptocurrency?
Cryptocurrency, also known as “crypto”, is a digital currency backed by cryptography that makes it impossible to counterfeit, double spend, or copy the original digital network.
Many cryptocurrencies are decentralized digital network based on blockchain technology that runs on a massive global network of interlinked computers.
The defining factor behind cryptocurrencies is that they are not issued by any government or central bank authority, which gives crypto holders true autonomy over their money.
Types of Cryptocurrencies