Bitcoin, Ethereum, Cryptocurrency- How to Make Money Trading

Bitcoin, Ethereum, Cryptocurrency- How to Make Money Trading

A cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Ethereum, the second largest cryptocurrency, was created in 2015.

Cryptocurrencies are often traded on decentralized exchanges, which are platforms that allow users to buy and sell cryptocurrencies directly with each other. Cryptocurrency exchanges also allow users to trade cryptocurrencies for other digital currencies, fiat currencies (like the US dollar), and other types of investments, such as assets and joint ventures.

Cryptocurrencies are gaining in popularity and value. As of November 2017, the total market capitalization of all cryptocurrencies was over $200 billion. Bitcoin's market capitalization accounted for over $110 billion of that total.

Cryptocurrencies are often traded on decentralized exchanges, which are platforms that allow users to buy and sell cryptocurrencies directly with each other.

Cryptocurrency exchanges also allow users to trade cryptocurrencies for other digital currencies, fiat currencies (like the US dollar), and other types of investments, such as assets and joint ventures.

Cryptocurrencies are gaining in popularity and value. As of November 2017, the total market capitalization of all cryptocurrencies was over $200 billion. Bitcoin's market capitalization accounted for over $110 billion of that total.