Cryptocurrency is a virtual or digital money that can buy, stored or sell with crypo exchange wallet with the use of cryptography. There are different types of cryptocurrency like coinmama, blockchain, btoincash, Eos, bittrex, ripple, coinbase, localbitcoin and more.Trading cryptocurrency has become a hugely profitable and mainstream business. Today, everyone has heard of the term Bitcoin and cryptocurrency. Let's quickly recapitulate what is a cryptocurrency. A simple and precise answer is that cryptocurrency is a decentralized digital/virtual money.
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What makes cryptocurrency different? It leverages blockchain technology; a distributed ledger technology to exempt third parties. Users access their cryptocurrencies using public and private keys. These keys are stored in a wallet.The three key features that cryptocurrency offers are decentralization, immutability, and visibility. Since there is no centralized authority, there are odds of your account getting hacked. You are entirely responsible for the security of your coins. So, are you sure your coins are safe? No? Don’t worry about it. Offering you covered!The most important question about the security of digital currency. How can Investors secure their cryptos. It's very easy to take care of your cryptocurrencies. Just a few easy tips and voila! Your cryptocurrency protection will be on point! Take a look at the 3 best tips you must comply with to secure your cryptocurrency.Secure Your WalletThe best way to secure your cryptocurrencies is to buy a secure wallet. Such as, accessories that make use of encryption to protect the private keys are better and safer. Buy a cryptocurrency hardware wallet to store your digital assets safely. Trezor, Ledger (Nano S), and KeepKey are some of the popular crypto hardware accessories.NOTE: Do not store all your funds in a wallet. Own two digital accessories : Hot wallet and Cold wallet. With the hot wallet, perform all your trading and transactions. On the other hand, the latter stores your savings.