Tron-fan-Club || What is a crypto coin and how does it work.

in Tron Fan Club2 years ago (edited)

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Hello all dear friends.
I hope everyone is always in good health and always successful for all friends wherever you are.

I'm back again within the beloved community of Tron-fan-club to tell a little bit about crypto.
What do you mean by crypto?
what is meant by crypto currency is a digital currency that cannot be held and can only be seen, the crypto currency can only be obtained through the Blockchain.
And crypto currency can't be faked either.

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Crypto currency is also one of the most popular currencies in the world until now and the types of crypto currency are also very many types, ranging from the most beautiful price to the highest price of 1 crypto coin.

Cryptocurrencies are also one of the safest currencies because there is a secret code that has a key and password that you must know when you want to use it, such as buying and selling in the market.

How do cryptocurrencies work?
There are three ways that cryptocurrencies work, namely by decentralization, digital and encrypted, which means this way of working is not the same as conventional currencies, such as the Euro, US Dollar and also like the Indonesian Rupiah.

Cryptocurrencies are created with no government intervention, so with no government interference.
Then the crypto currency is directly managed by the user who holds the currency.

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I have seen in the last few days that the crypto market has decreased, and very many are buying back when the price is down, their goal is to store and resell when the price is soaring high.
This also happened to tron, and whether the price of the tron will return to the same as in 2018 which reached around 0.23 US dollars.

That's my little explanation of what crypto coins are and how they work, hopefully it's useful.

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You have cleared it in a very beautiful way. Many thanks for sharing

You're welcome, I'm glad to hear that.

You wrote beautifully about cryptocurrency coins and also gave a good explanation of how it works.

Hopefully useful, thanks for the comments.

Thanks for taking us back to the basics. The need for understanding fundamentals cannot be overemphasized. Thanks for sharing.

Gave a very good idea about crypto coins. Which I like very much. Although I did not have a good idea about this. I learned a lot from your post. Good luck to you.

You have really written about an importat topic and your post is also quite educative too.

I urge you to make your future entries to be more of quality and easy to read by applying markdown styles especially justifying your work. This will make you stand more chance of getting rewarded by the curation team.

Also use appropriate hashtags like #fintech, or #learnwithsteem, etc. In other to get them to see your post.

Thank you for sharing.

Thank you for sharing.

Thank you for your support and suggestions friends. I will try to use the Tag.

You are a very good individual

Se as you help your fellow brothers

Surely good things will favor you

thank you for providing information about cryptocurrencies which adds to the knowledge of what cryptocurency is

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