what is cryptocurrency and what is it used for

Last Updated on February 5, 2023 by Paganoto

What is cryptocurrency and how does it work? – Kaspersky

What is cryptocurrency and how does it work? – Kaspersky

Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units.

Cryptocurrency Definition – Investopedia

Cryptocurrency Definition – Investopedia

Cryptocurrencies are digital or virtual currencies underpinned by cryptographic systems. They enable secure online payments without the use of third-party …

Cryptocurrency: What It Is and How It Works – NerdWallet

Cryptocurrency: What It Is and How It Works – NerdWallet

A cryptocurrency (or “crypto”) is a digital asset that can circulate without the need for a central monetary authority such as a government or bank. Instead, …

What Is Cryptocurrency? – Forbes Advisor

What Is Cryptocurrency? – Forbes Advisor

You can use crypto to buy regular goods and services, although most people invest in cryptocurrencies as they would in other assets, like stocks …

The Basics about Cryptocurrency | CTS – SUNY Oswego

The Basics about Cryptocurrency | CTS – SUNY Oswego

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means …

What Is Cryptocurrency? | NextAdvisor with TIME

What Is Cryptocurrency? | NextAdvisor with TIME

Cryptocurrency is a type of currency that’s digital and decentralized. Cryptocurrencies can be used to buy and sell things, and their potential …

What Is Cryptocurrency? | Bankrate

What Is Cryptocurrency? | Bankrate

A cryptocurrency can be used for a variety of different things, but it depends on what it was created for. While the term cryptocurrency conjures images of a …

Cryptocurrency – Wikipedia

Cryptocurrency – Wikipedia

In computer science, a cryptocurrency, crypto-currency, or crypto is a digital currency that does not rely on any central authority to uphold or maintain it …

Making sense of bitcoin, cryptocurrency and blockchain – PwC

Making sense of bitcoin, cryptocurrency and blockchain – PwC

Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. A cryptocurrency is a medium of exchange, such as …

What Is Cryptocurrency: Types, Benefits, History and More

What Is Cryptocurrency: Types, Benefits, History and More

With cryptocurrency, the transaction cost is low to nothing at all—unlike, for example, the fee for transferring money from a digital wallet to …