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Cryptocurrency
Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates on decentralized networks, typically based on blockchain technology.
Bitcoin was the first cryptocurrency, launched in 2009. Other major cryptocurrencies include Ethereum, Solana, and XRP. Unlike traditional currencies, cryptocurrencies are not issued by central banks and can be highly volatile.
Related Terms
Stablecoin
A stablecoin is a type of cryptocurrency designed to maintain a stable value by pegging it to a rese...
Digital Wallet
A digital wallet is an electronic device, software program, or online service that stores payment in...
Fintech
Financial Technology
Fintech refers to technology-driven innovation in financial services. It encompasses mobile banking,...
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