Now is the age of cryptocurrency. Cryptocurrencies are traded online. Today I will discuss some of the popular cryptocurrency currencies.
Bitcoin;-
Bitcoin is the most popular cryptocurrency to date. Its exchange value is also the highest. Satoshi Nakamoto created Bitcoin in 2009. As of December 2016, the market capitalization of Bitcoin was about ০ 230 billion. A few days ago, the exchange rate of a bitcoin stood at about 20,000 dollars. However, the exchange rate has dropped by about 30 percent this year.
Bitcoincash:
- Bitcoin Cash (BCH) is a bizarre bitcoin that made the original Bitcoin stand firm in 2017. Some people wanted to increase the size of the block and so after a hard fork, Bitcoin cash became its own weightcoin. Its value is now between 20 220-250.
Ethereum:
Ethereum was created in 2015. Like Bitcoin, this currency also has its own accounting system. It ranks second in terms of exchange value. Ethereum is second only to Bitcoin in terms of popularity. As of last December, the market capitalization of this virtual currency is about ৬৭ 6 billion. However, after being hacked in 2016, it was divided into two currencies. Its exchange rate recently reached ৮ 640. However, after being hacked, each Ethereum coin sold for 10 cents.
Ripple:-
Ripple was established in 2012. Not only cryptocurrency but also other types of transactions can be done in this system. Various conventional banks are also using this digital currency. Ripple has a market capitalization of 10 billion.
Litecoin
Litecoin has a lot in common with Bitcoin. However, Litecoin can be traded faster than Bitcoin. Its market value is about 5 billion dollars.
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