What is Cryptocurrency?
What is Cryptocurrency?
Crypto
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Crypto, short for cryptocurrencies, are digital currency that share similar traits. Bitcoin being the most famous as the first cryptocurrency created.
It's digital (money)
It only exists online and can be digitally stored or sent to anyone in the world.
It's currency
Short for cryptocurrency, many believe crypto could one day be as commonly used as cash and credit. Rather than paper bills, crypto is counted in digital units or "tokens" that can be purchased and sold in fractions.
You can buy $1 worth of bitcoin instead of a whole bitcoin.
It isn't regulated
No government, nation, central authority, or country controls it. It is decentralized with no central authority and operates similar to a torrent where it cannot be stopped.
Non-counterfeitable
Unlike any other currency, cryptocurrency can not be counterfeited. The code behind cryptocurrency makes this possible for the first time in history.
It's a technology
Most cryptos work on an ecoystem of thousands of computer programs running on devices around the world, this is blockchain technology.
It's growing
Bitcoin, the worlds first crypto, launched in 2009. Today there are thousands each offering new pathways to wider adoption. Three of the most popular ones are available on www.earn.win - Bitcoin, Ethereum, and $EARN.
Cryptocurrencys Share Common Propertys
Bitcoin, Ethereum, EARN are all cryptocurrencies and have similar propertys such as being digital, decentralized, non-counterfeitable. You store them in digital wallets and can send them anywhere.
