CONTEST : My Skill is My Power || Season-06||

in Steem Fashion&Style4 months ago
What is cryptocurrency?

I have quite a lot of knowledge and expertise in crypto and this is my strength so first I will talk about what cryptocurrency is. If it is explained in simple words what is cryptocurrency, cryptocurrency is digital or virtual currency which is based on blockchain technology.

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Freepik

  1. BLOCKCHAIN: Now I will talk about what is blockchain. Blockchain is a technology that verifies the validity of transactions and provides peace of mind between everyone. Where does blockchain lead to this?

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  1. Bitcoin: This is the most important thing what is bitcoin many people think cryptocurrency is bitcoin but it is not, bitcoin is a cryptocurrency but bitcoin is the most famous cryptocurrency an example This is what made the currencies popular. Due to which people all over the world know about cryptocurrencies today because the value of all cryptocurrencies increases when the value of bitcoin increases.

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Freepik

  1. Mining: In this I will tell you what exactly mining is. It uses a computer to verify transactions in the blockchain to develop cryptocurrency. And in today's era. Instead of PC, people will earn money by mining more in mobile phones, like bitcoin mining was done and in the year 2024, there are many mining projects in which ice network, pi, bondex, Celia, sidra chain, X Plus etc.

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MY own screenshot

  1. VOLUME: In this I will discuss what volume actually is in cryptocurrency. As how much buying and selling of bitcoin happened in 24 we call volume in crypto

  2. Tadawul: In this I will discuss what is Tadawal, exchange of cryptocurrencies is called Tadawul. This is usually done through online exchanges.

  3. Security: This is a very important thing in Cryptocurrency which we call Security. Having security in everything is very important in today's era. such as secure private keys and secure passwords. If we have our private keys and also our password safe then our assets will be safe.

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I invite @kashif5088, @aliraza880,@mubasherali @shahidalinaz to participate..

Best Regards By

@azeem22

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This is really very educative...I have always wanted to venture into crypto but no one to guide me on how to go about it yet..so I just gave up but your post as given me insight on it...
I'm glad I stopped by

Saludos amigo
Es bueno conocer acerca del mundo de las criptononedas.
Esto es tendencia
Gracias por esta información tan valiosa

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