What Are Crypto Currencies?
Source: https://www.news18.com/
Though the origin and inventor of cryptocurrency are not known. They have been around for quite some time. They are traded and exchanged like digital assets that do not have any physical presence. The experts call them speculative assets.- The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure.
- The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.
List Of Crypto Currencies
- Ethereum (ETH) ...
- Litecoin (LTC) ...
- Cardano (ADA) ...
- Polkadot (DOT) ...
- Bitcoin Cash (BCH) ...
- Stellar (XLM) ...
- Dogecoin (DOGE) ...
- Binance Coin (BNB)
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What Is The Stand Of India On Crypto?
What Is Tax On Crypto?
The government has also hinted at the rollout of Government-Owned Digital Currency, or RBI'S Digital Currency by 2023. The government-based digital currency in addition to the real currency has been proposed by the RBI last year. The Digital Currency has already been launched in countries like - China.
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