Cryptocurrency is decentralized digital currency which is protected by Crypography. Miner do all the transaction process of the bitcoin. For doing these transaction process Miner who do Complex mathematical processes gets the bitcoin as money. Cryptocurrency uses blockchain technology to protect it from hackers. Cryptocurrency transactions are available on all computers all over the world. So chances of misuse are negligible. It is already known how much cryptocurrency will be produced. So the price of any cryptocurrency depends on its demand and availability.
When you have to Transfer money outside any country u can transact for less charges and it is fast. It has no government control. It is legal in India you can invest, trade, and hold.
There are more than 6,000 cryptocurrencies available worldwide. A few popular Cryptocurrency are-
1- Bitcoin – Bitcoin was launched by Satoshi Nakamoto in 2009.21 million is the total Bitcoin that can be Produced . Bitcoin is the most famous and has the largest market share in cryptocurrencies. Bitcoin’s Last Price was $69,493.
2- Litecoin-Litecoin was launched in 2011 by Google’s former employee Charlie Lee. The total Litecoin that can be produced is 8 million. The last price of Litecoin was $103.
3- Etherum: Etherum was launched in 2015 by Russian Vitalik Buterin.It is the second largest Cryptocurrency after Bitcoin. The last price of Ethereum was $3,3,83.
4-Bitcoin Cash: Bitcoin Cash is a digital currency launched in 2017 to improve the features of Bitcoin. The last Price of Bitcoin cash was $681.
5-Ripple: XRP ledger is a blockchain developed in 2011 by David Schwartz. Arthur Britto and Jed Mccaleb for marketing changed it to Ripple in 2015. The last Price of Ripple was $.60.
6- Dogecoin: Dogecoin was created by Australian Businessman Jackson Palmer and engineer Billy Markus. The last price of Dogecoin was $.20.
