A cryptocurrency (or crypto) is a digital asset created to function as a means of exchange using powerful cryptography to protect financial transactions, control the overall creation of surplus units and then verify that the transfer of assets is done correctly. Cryptocurrency is a digital currency which is built with some cryptographic protocols that can make transactions more secure and very difficult to fake or counterfeit due to its security features.
There are more than 2000 cryptocurrencies in the world, but the major ones are Bitcoin, XRP, Ethereum, Bitcoin Cash, Stellar, XLM, EOS, TetherUSDT, Litecoin, Bitcoin SV, TRON, Cardano, IOTA (MIOTA), Monero (XMR), Binance Coin (BNB), Dash, NEM (XEM), Ethereum Classic, NEO, Maker (MKR), Zcash, Waves, Tezos, Dogecoin, USD Coin, Bitcoin Gold, VeChain (VET), TrueUSD, Qtum, OmiseGO (OMG), 0x (ZRX), Ontology (ONT), Decred, Basic Attenti (BAT), Zilliqa, Lisk, Paxos Standar (PAX), Bitcoin Diamond (BCD), Bytecoin (BCN), Nano, Stratis, DigiByte (DGB), ICON (ICX), Verge (XVG), ETERNAL TOKEN (XET), BitShares, Siacoin, and many more.
We offer the best cryptocurrency leads in the market, but further understand this we will need make you understand the cryptocurrency concept, which will be discussed in the following paragraphs.
Crypto-currencies promise to facilitate the transfer of money directly in-between two different parties in a transaction. This can be done without a trusted third party (financial institution) involved, such as a credit card company or a bank; what facilitates these transfers are the uses of precise private keys and public keys due to security purposes. In this modern cryptocurrency systems, the user has an account address or what is known as “wallet”, which has their private key and public key used to sign their transactions. Money transfers are made with a minimal processing fee, which allows users to avoid the high fees charged by most financial institutions and banks for wire transfers.
There are so many cryptocurrencies in the world now, and each one tries to lead in the market. But so far, Bitcoin has been the first and most popularly used currency in the crypto world. As of December 2018, the top ten cryptocurrencies were Bitcoin, Ripple and Ethereum. There is also Bitcoin Cash, EOS and Stellar. We also have Litecoin, TRON, Bitcoin SV and Cardano. Since the crypto market moves up and down like forex, one and only make predictions on the most prominent and highly profitable one.