How Does Cryptocurrency Works

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Cryptocurrency is decentralized, enabling direct transactions without intermediaries like banks.

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It relies on blockchain technology, a transparent and immutable ledger.

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Each cryptocurrency has unique digital tokens or coins.

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Transactions are verified and added to the blockchain by miners or validators.

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Cryptocurrencies use cryptography for security and control.

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Public and private keys authenticate and authorize transactions.

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Wallets store and manage cryptocurrencies.

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Cryptocurrency transactions are pseudonymous.

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Most cryptocurrencies have a limited supply.

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Cryptocurrencies are exchanged on digital currency exchanges.

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