A Handy note on Cryptocurrency

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A cryptocurrency as the name implies is another type of digital file money secured and stored by the means of blockchain. It is decentralized and is not controlled by a particular individual or organization but is being managed by a public ledger.

Cryptocurrency is the same as real money but requires digital information making it unthinkable to counterfeit since it is secured by cryptography.

How do you get cryptocurrency?

As of now, there are about 18,557,181.25 Bitcoins yet to be mine, although the number changes periodically, and currently, 6.25 bitcoins added to the new block is being circulated.

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The two well-understood techniques of acquiring a cryptocurrency can be via mining or clearly by buying it online with a credit card then store it as you accumulate more on a digital wallet, trusted computer system, or on any acceptable electronic devices.

There is numerous crypto to buy today, I would like to bring to your attention these seven best cryptocurrencies learned so far.
They include:

1. Bitcoin(BTC)
2. Bitcoin cash(BCH)
3. Litecoin (LTC)
4. Ethereum (ETH)
5. Binance (BNB)
6. Tron (TRX)
7. Chainlink(LINK)

How secure is Crypto

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Since cryptocurrency is based on blockchain technology, carrying out transactions on this system is secured with a two-factor authentication process. Thereby, making it difficult for hackers to tamper with.

Developers are being consistently updating the blockchain system so that intruders can not easily access the data. However, bitcoin can be lost if you exposed your digital wallet openly.

How to cash out Crypto

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Presently, there stands a platform like coinbase that is offering the service of exchanging your cryptocurrency into hard cash. All you need to do is to sign up to this platform and exchange your cryptocurrency to your desired currency!!!!