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All you need to know about digital currency - WazirX

If you are a beginner in the crypto world and you have no idea about digital currency. Check this presentation that is all all you need to know about digital currency. Learn more at https://wazirx.com/

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All you need to know about digital currency - WazirX

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  1. All you need to know about digital currency

  2. What are digital currencies? • The currencies which are only accessible on computers and mobile phones because of their electronic form are known as digital currencies.

  3. 2 Types of digital currencies • Centralised network • Virtual currency is a form of digital currency which can only be accessed through a centralised single network. In addition, digital money is only beneficial within a predefined network.  • Decentralised network • Cryptocurrency is a digital currency that provides real value. This type of digital money is not linked to any country’s economy. It has tokens that move electronically on distributed and decentralised online system administrations.

  4. Advantages of digital currencies • There are no chargebacks in digital currencies transfer. • Faster transaction speed than fiat currency. • Cryptocurrencies transactions are a bit smoother than other banking transactions. • There is no impact of inflation in these currencies as they work on the system’s algorithms.  • Diversification of companies by accepting investments from the citizens of other countries.

  5. Best digital currencies to invest in? • Digital currencies such as Bitcoin, Ethereum and Litecoin are the best cryptocurrencies around the globe. Many people have invested in them due to higher returns. If you also want to invest in the same then you can opt for the most reliable crypto exchanges such as Wazirx, Zebpay, Coinbase etc. They are the top crypto trading platforms for all digital currency activities in India.

  6. Thank You

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