The cryptocurrency market is always changing, so it's important to check a site every day to keep up to these changes and don't miss anything. If you're looking for a place where you can find the latest news of crypto market, we have what you're looking for. Get real time crypto market prices, the latest news about cryptocurrency, daily updates and so much more.
Real time crypto market
If you've ever invested in the crypto market, you probably know that the prices of the different cryptocurrencies change every day (or even every second). If you want to buy cryptocurrencies, you need to know the current prices to know when to buy and when to sell. Here you can get daily prices and the latest updates and news about cryptocurrencies.
What is cryptocurrency?
According to several sources, cryptocurrency can be defined as something as simple as a digital medium of exchange and leverage blockchain technology to gain decentralization, transparency and immutability.
Cryptocurrencies has a lot of important features, but what makes it so innovative is that is not controlled by a central authority. Thanks to the blockchain technology, cryptocurrencies are practically immune to government control and interference. Another important feature is that you can send cryptocurrencies using private and public keys by performing processing fees, so users will avoid the steep charges that traditional financial institutions do.
Are cryptocurrencies legal?
Whether they're legal or not depends on each country; for example, crytocurrency is legal in the United States, but their use is banned in China. If you're considering investing in cryptocurrencies, you have to protect yourself from fraudsters.
How to buy cryptocurrency?
It depends on the cryptocurrency we're speaking of. You can purchase some (such as Bitcoin) with U.S. dollars, while others can be purchased with Bitcoins or another cryptocurrency.
If you want to buy cryptocurrencies, you need to have a wallet, which is an app that can hold your currency. It's pretty simple: you create your account on an exchange and you'll be able to transfer real money to buy your cryptocurrencies.
Different types of cryptocurrency
There's plenty of types of cryptocurrencies, specifically 2,000 types. The first one ever created was Bitcoin, and today still is the most popular. The value of each one of them is different, but according to several sources by June 6, 2019 the total value of all these cryptocurrencies was about $246 billion.
The most traded cryptocurrencies are:
• Bitcoin Cash.
As we mentioned above, in order to buy cryptocurrencies you need a wallet. There's digital wallets, which are the most common, and also hardware wallets. Each one of these options have their pros and cons, we will proceed to explain a little bit more so you will be able to decide which one suits you the best:
Security: If you want to be extra careful, this option is perfect for you. Since it's not digital and the secret passwords aren't connected to the internet, there's practically no chances of losing your currencies.
Secret backup code:In case you lose your hardware wallet, you will be recover your cryptocurrencies using a secret backup code.
Buy and sell cryptocurrencies: This is the easiest way to buy and receive cryptocurrencies. The process is easy and fast.
Access to your wallet all the time: Since it's a digital wallet, you will have access to your wallet the 24 hours of the day, though your phone, tablet or PC.
As you can see, each one of these wallets has advantages and the best one depends on the use you're going to give it.
If you want to save a small amount of cryptocurrencies, digital wallets are a much better option for you because it will be easier for you to sell them or receive more.
On the other hand, if you have a significant amount of cryptocurrencies, you need more security, so you should consider having a hardware wallet because they provide safety.