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Cryptocurrency Trading

What is Crypto Trading?
Crypto trading, or cryptocurrency trading, is simply the exchange of cryptocurrencies. Like in Forex, you can also buy and sell a cryptocurrency for another, like Bitcoin or altcoin for USD and Euro. This is one way of getting involved in the world of cryptocurrencies without having to mine it.

Types of Cryptocurrencies

Created in 2009, Bitcoin is considered to be the most popular cryptocurrency. Bitcoin uses peer-to-peer technology for decentralized control, allowing it to operate without any central authorities or banks. The core component of Bitcoin is the blockchain, a digital public ledger of all transactions.

In 2011, the Litecoin was created as a nearly identical cryptocurrency to Bitcoin but with faster processing speed, thanks to its adoption of the Segregated Witness and Lightning Network and other improvements.

Ethereum, though younger by two years, has surpassed Litecoin in popularity and is now the most used cryptocurrency behind Bitcoin. Ethereum also boasts faster processing speeds thanks to smart contracts, digital "if-then" agreements.

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