how does cryptocurrency works?

  • Galaxy Crypto
  • 21st July, 2021

Working of Cryptocurrency

cryptocurrency, market

Cryptocurrency markets square measure suburbanized, which suggests they're not issued or backed by a central authority like a government. Instead, they meet a network of computers. However, cryptocurrencies will be bought and sold via exchanges and hold on in ‘wallets’ . Unlike ancient currencies, cryptocurrencies exist solely as a shared digital record of possession, hold on on a blockchain. once a user needs to send cryptocurrency units to a different user, they send it thereto user’s digital billfold.

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