October 4, 2022

Cryptocurrency kya hai? What is cryptocurrency?

Cryptocurrency kya hai

What is cryptocurrency?

The cryptocurrency market is the well-known digital market cryptocurrency itself is a digital payment system that doesn’t rely on banks or other payment systems. It is a highly secure system based upon a blockchain system which is itself a brief topic to explain, for more interesting articles visit Cryptocurrency kya hai

Cryptocurrency kya hai

Now came to the main topic what is cryptocurrency or “cryptocurrency kya hai“. In 2008 a man or group of people named Satoshi Nakamoto launched bitcoin, still, there is no surety that who firstly invented Bitcoin-the first & most successful cryptocurrency ever.

Cryptocurrency kya hai

Is cryptocurrency a physical currency?

The simple answer to this question is no cause from the official definition of cryptocurrency we concluded that cryptocurrency is a digital currency stored in a digital wallet

What is a digital wallet?

A digital wallet also called an e-wallet or a type of an electronic gadget, online assistance, or programming program that permits one party to make electronic exchanges with another party bargaining advanced money units for labor and products. There are many secure digital wallets each exchange has its own digital wallet.

Cryptocurrency kya hai

What are cryptocurrency exchanges and which of them are the best ones?

There are a lot of cryptocurrency exchanges that are trusted & internationally used by users some of the exchanges are not registered those are scams and fake exchanges that will give you benefits for some time but when a lot of people join they run away recently, in Pakistan an exchange named “HFC Pak Trading App” scammed billions of Rupees. So, I will mention below some of the sites which are trusted and legal.

1) Binance

Cryptocurrency kya hai

Binance is one of the world’s No#1 crypto platforms. This platform has millions of users, to join this platform follow the given link.


2) Kucoin

Cryptocurrency kya hai

Kucoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies, to join this platform follow this link.


3) Coinbase


Coinbase is also one of the most popular cryptocurrency websites. This exchange supports a variety of the most popular digital currencies, to join Coinbase follow this link.


What are some of the main cryptocurrencies?

Some of the main cryptocurrencies are:-

  1. BTC
  2. Ethereum
  3. Solana
  4. Litecoin

Others cryptocurrencies are also important but those are named Alt-coins. The king of those coins is Bitcoin, we can say that Bitcoin is king and all other coins are its kingdom, if the king falls its kingdom also falls as it rises it’s kingdom also rises.

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