It is a digital currency, not issued or controlled by a bank or belonging to any country, which can be used worldwide and with which you can purchase goods or services through electronic transactions. Its value depends on the users themselves, so that the greater the number of subjects that use it, the greater its attractiveness in the market. It is created and stored on the web, since its peculiarity is precisely that it only exists on the internet. Hence we need to have a digital wallet to save our capital. You want to know more? Let's keep going!
An easy way to keep track of these currencies through the platform like Coin Market Cap. Next, we mention four of them:
Bit Coin
It was the forerunner of this movement in 2009, with an initial value of only 0.17 cents. Nowadays it is undoubtedly the best known by the public and also the one chosen by the users for their transactions. It is precisely the users themselves who are in charge of maintaining an accounting book that includes all the operations carried out, and even has a Bit coin Foundation that works to promote and report on this currency! There are 16.4 million units circulating (765 thousand were purchased in the last 24 hours). In total, its market value is $ 42,888,341,486.
Ethereum
It is seen as the main alternative, by declaring itself as a worldwide payment system with transaction checking times or better storage efficiency. Today it was quoted at $ 271 and has a total market value of $ 25,244,123,967.
Ripple
It is known by the abbreviation XRP. It also has a global digital ledger but no mining is required to obtain it. Your exchanges are approved and admitted immediately, and you have a method of changing your own coins. In total there is an equivalent to $ 9,753,505,715. His last quote was just US $ 0.25.
Lite coin
It emerges as an option different from Bit Coin, hence the use of a different format of encryption (script), the production of a much larger number of currency units or a faster transaction time. Its unit price is US $ 51.3. In total in the market there is US $ 2,664,903,463.
