read.cash Log in
@MahnoorDanish5 edited

My knowledge of Cryptocurrency

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

2 comments

Log in to join in Reading is open to everyone. Replying needs an account.