My knowledge of Cryptocurrency

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Avatar for MahnoorDanish5
4 years ago

Greetings ✨🥂😍

​Since my journey to Online earning which started from 2nd week of of June till now in almost two months I came across to know this much about crypto currency 

​Let's start

​What is crypto currency & How can we earn it 

This is the question in minds of all human on earth who have Android in his/her hand wanna earn some money 😁 This is decentralized mode of monetary exchange which isn't run by any government or central party.

So any one can earn withdraw exchange and can do whatever they want without any third party hindrances 

​Crypto currency:

Cryptocurrency is internet based medium of exchange. Which helps to exchange currencies/tokens/coins by two parties using the public and private keys.

Crypto~ Secure 

               Currency ~ Token 

For example we are using Read cash with token name BCH and is  listed on blockchian. Here by security we mean none other than you knows how many tokens you have earned when you had a withdrawl in how many dollars you sold out your tokens etc etc. This is security of your coins.

Crypto currencies work using Blockchain technology having online ledger for all transactions. You can forget when you had a withdraw but Blockchian won't.

Your transactions are secured by  ​private and     ​public     public keys in your wallets and in your cryptocurrency earning sites. This makes your date to stay safe from third party involvement untill you share your keys.

These keys are developed using techniques we called ~ ​cryptography  which means incoding and decoding data mathematically . 


From this  i understood and related the point of our signatures on cheque book like no one else can withdraw money from our bank account unless had a signed check matching the signature sample we have given to our bank. 

Same is the case with cryptocurrency it's such a secure that no one can access your data unless you share your public or private keys for them.

​Some known Cryptocurrencies:

 ​Bitcoin

It's the king of all currencies and since the day it evolved it didn't loose it's worth and today is standing at the top of all with highest worth in block chain world.


​Ethereum

It's the second most used cryptocurrency and is used by us for making our transactions of Uptrennd tokens (1up) almost all sort of transactions need ethereum on blockchian 


​Bitcoin Cash BCH 

This is the third most widely used cryptocurrency and is easiest to use. It's low in cost as well as charged less to make a transaction in BCH as compared to ETH.


​Binance Coin BSV

This is also a cryptocurrency and I came to know about it while someone of my follower tweeted to have a vote for his referal earnings 


​Other cryptocurrencies✓

Dogecoin doge

Parachute Par 

Litcoin LTC

One up 1up

Tron TRx 

Tomochain 

DAI 

​If not listed on main exchanges 

Non listed tokens means the ones you can't exchange directly from some exchange either you can use a middle way to exchange them into some listed one like RFND you can exchange them into Satoshi using  

     ​Memo.cash

and then get BCH by selling them for this purpose you need to have some BCH in your Simple ledge account or wallet you downloaded for exchanges or withdrawls.

​Some cryptocurrencies with their earning modes.

​1up: ​Uptrennd

​RFND : By exchanging other tokens or my joining this group for rain and Trivia etc.

​BCH

you can earn directly from Read.cash by signing up here 

https://read.cash/r/MahnoorDanish5

​Steem:

By using the site Steemit you can earn by post by referrals and also by doing comments and utilizing free spin dailly.

​Hive: same as above 👆

​Dogecoin. I earned these from some legit groups of DYT (Do your Tip) and wiggy and earn 

​There you have to play games and attend trivias. 

​For earning par you can do the same. (if you wanna join these groups PM me on telegram using the username @MahnoorDanish)

​Also you can earn tokens from Publishox by becoming a author and using refrels 

​I didn't try yet but I am there having an account. You can sign up using this 

https://www.publish0x.com/?a=N1aM8nz1eW

​Also I have tokens like Rich,Like,RTGS,ECA,DYT,TRX,Some of these are EC20 and others are based on Simple ledger technique as I mentioned for RFND.

​Cryptocurrencies are highly volatile in nature and it's too hard to predict their prices but once in a blue moon they will give you back all your efforts. 


​The most stable cryptocurrencies among all 

​1. Bitcoin 11439$


​2. Ethereum 383$


​3. BCH (Bitcoin cash) 283$


​There is change in their prices downward but still they manage  to bear less loss than others coz they only get down just some percentages and it won't effect them at all.

​If you are rich enough and want minning go with these three. Because the near future will be the Era of Cryptocurrency and those who will stand now for it will have a secured life style. 

​That's all from my side .

Thank you for read

#Cross Shared

Thank you everyone who supported my and specially thanks to @Ashma for the opportunity of sponsorship Join this community

https://read.cash/c/get-sponsored-2a0b

Also click here to know more about the contest

https://read.cash/@Ashma/rewarding-points-system-for-get-sponsored-community-6848ff1f




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4 years ago

Comments

Such an informative article indeed my dear. I learned many important things through this article. Thank you so much dear for sharing such kind of important article with us ❤It will be helpful for us 😀

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4 years ago

I am glad it's beneficial for you 😍 Keep on learning dear

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4 years ago

Yes, definitely my dear. I'll wait for your new articles. Hope you will bring it soon. Keep writing more articles my dear sis ❤

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4 years ago

Good information thanis for sharing.

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4 years ago

What a huge increase in my knowledge I have no knowledge about Crypto currency to conveyancing other people Now I can bettertly explain it

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4 years ago

A great post with endless info about the crypto world

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4 years ago