Cryptocurrency earn a beginner
Crypto Trading for Beginners: How to Earn Passive Income with Cryptocurrency
Saturday, February 13, 2021
Bitcoin: Digital money and advanced technology
History of Cryptocurrency
By market capitalization, Bitcoin is the largest cryptocurrency. For many people, PTS is synonymous with the word "cryptocurrency". However, the history of virtual money is something more than the history of just one coin.
With the development of information technologies, it becomes possible
Cryptocurrency Storage
Many cryptocurrency owners prefer to store it on the exchange. Since modern exchanges support a large number of altcoins, this method of storage is quite convenient. However, this method of storage has one significant drawback — you have to trust the funds to a third party.
With the development of the cryptocurrency market,
Mining Bitcoin
In addition to buying, digital money can be obtained through mining. However, every year this process becomes more complex and energy-intensive. For mining, the user will need special equipment-computers with a powerful video card. In the early stages of the new cryptocurrency, mining is possible on small PCs, but as it develops, more and more power is required.
Cryptocurrency Exchange
In the script exchange, you can buy currency at the rate that is set on the main exchanges. In addition to the basic cost, the exchangers take an additional payment, thanks to which they exist. The commission can vary from 2 to 10 %. On the stock exchange, it is 0.5-1 %.
All exchangers work according to a certain schedule. They are usually closed at night.
You can buy a limited amount of currency in the exchange. Moreover, a limited number of Bitcoins or Ethers can still be purchased almost at any time, other popular coins may not be at all.
In most cases, exchanges do not have a powerful system of protection against hackers.
Buying cryptocurrency through a wallet
Almost every crypto wallet has an exchange function. If the wallet is multi-currency, then you can easily exchange fiat money inside it not only for bitcoins, but also for any other cryptocurrency supported by it. To do this, you only need to enter the currency to be exchanged (euros, dollars, rubles), the payment method (bank card or e-wallet) and the transaction amount in the "Exchange"section. The cryptocurrency will appear on the account in just a few seconds.
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The technology, which combines independence, anonymity and security, appeared in late 2008. The mysterious Satoshi Nakamoto presented the b...
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By market capitalization, Bitcoin is the largest cryptocurrency. For many people, PTS is synonymous with the word "cryptocurrency"...