What is cryptocurrency, let's open this 'secret' currency a bit- in 2022

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What is Cryptocurrency ? 

Whoever you see today is running after Cryptocurrencies. In a very short time, Cryptocurrency has expressed its power in the financial market. Since Crypto currency can also be called digital money because it is available only online and we cannot do it physically.

Governments implement other currencies like Rupees in India, Dollar in USA, Euro in Europe etc. in the whole country and are used in the same way these currency is also used in the whole world. But the thing to understand here is that the government does not have any hand over these cryptocurrencies because they are decentralized currency, so there is no authority from any agency or government or any board over them, due to which their value has not been regulated. can go So I thought why not today you should be given complete information about what is Cryptocurrency. Since this topic is being discussed in full swing, then it becomes your right that you also know about this subject and educate others. Then without delay, let us know what is this Cryptocurrency and how many types of it are available.

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What is cryptocurrency-

Cryptocurrency is also called digital currency. It is a kind of Digital Asset which is used for the purchase of things or services. Cryptography is used in these currencies.

This is a Peer to Peer Electronic System, which we can use to purchase Goods and Services through the Internet in place of regular currencies. In this system, the government can work without informing the banks, so some people believe that Cryptocurrency can also be used in a wrong way.

If we do Cryptocurrency first, then it will be Bitcoin which was first brought into the world for these works. If we see today, there are more than 1000 Cryptocurrency in the whole world, but only a few of them are more important, about which we will know later.

Cryptography is used to create cryptocurrency.

If we talk about all the cryptocurrencies, then the first one that became famous among them is Bitcoin. It was also made first and it is also used the most. There have been a lot of controversies regarding Bitcoin, but today Bitcoin is at the top of Cryptocurrencies.

Here I am going to tell you about some other Cryptocurrencies about which you may already know.

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 How to Invest in Cryptocurrencies?

To invest in Cryptocurrencies, you have to choose the right platform. Because if the right platform is not chosen then you may have to pay extra fees while trading. Similarly, the most popular Cryptocurrency platform in India at present is “Wazirx”.

It is very easy to invest and trade in it and its founder is also an Indian. I have also invested in it and have done for many years. You can also invest your money in it if you want.