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Crypto

What is crypto? Get the most important information in one place

The definition of crypto is that it is an innovative form of virtual currency that is available to selected users in a distributed ledger system. The key that secures cryptocurrencies is in a so-called token, and their entire functioning is based on blockchain technology.

It can be said that crypto is a modern payment system. Cryptocurrencies differ from paper money because they are limited and cannot be reprinted, and their value fluctuates strongly over time. Unfortunately, this also causes many people to risk investing in them and trying to make money from their price fluctuations.

is cryptocurrency a safe investment

Is crypto a safe investment?

Cryptocurrencies, such as Bitcoin, Ethereum and Ripple, have only a virtual form. They have no physical representation. So you could say that, in a sense, they are similar to traditional fiat money held in bank accounts. However, there is a difference - you can always withdraw the accumulated money from the bank. With any crypto, there is no such possibility. All transactions take place through a system called blockchain.

It is essential to know that blockchain is a kind of open ledger that generates virtual currencies, assigns them to owners and documents each transaction. This technology has no central authority, and digital means of payment can only exist as an online currency. Transactions using crypto take place in a peer-to-peer communication model. There are no intermediaries in it.

articles

  • important information from the crypto ecosystem

    important information from the crypto ecosystem

    very important information from the crypto ecosystem: ETH is fast becoming deflationary post the move to Proof-of-Stake, and this means yields on ETH and related Liquidity Pools are set to increase. blufolio is currently implementing a fully-updated yield farming portfolio, primarily using Uniswap v3, to benefit from this new trend : Check it out! Ask […]

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  • UK venture firm Northzone eyes web3 startups with new €1 billion fund

    UK venture firm Northzone eyes web3 startups with new €1 billion fund

  • Singapore’s biggest bank DBS backs crypto despite market slump

    Singapore’s biggest bank DBS backs crypto despite market slump

  • CryptoRank News

    CryptoRank News

  • How much should I allocate to crypto?

    How much should I allocate to crypto?

  • Google keeps betting on the blockchain industry!

    Google keeps betting on the blockchain industry!

  • 6 Reasons Why You Should Consider Accepting Cryptocurrency Payments

    6 Reasons Why You Should Consider Accepting Cryptocurrency Payments

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latest news
  • PayPal rolling out a stablecoin
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  • Institutions To Tokenize $25B in Off-chain Assets in 2023, VanEck Execs Predict
popular posts
  • What is a security token?
  • Polkadot - what is it? Description of the crypto
  • The most popular blockchains: Bitcoin, Ethereum, Cardano, Polkadot - Guide
contact us

[email protected]
25 avenue Adrien Lachenal
1290 Versoix
Geneva, Switzerland

sitemap
  • investment process
  • about us
  • team
  • news
  • contact
social media
latest news
  • PayPal rolling out a stablecoin
  • The case for a digital euro
  • Institutions To Tokenize $25B in Off-chain Assets in 2023, VanEck Execs Predict
popular posts
  • What is a security token?
  • Polkadot - what is it? Description of the crypto
  • The most popular blockchains: Bitcoin, Ethereum, Cardano, Polkadot - Guide

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