Cryptocurrency

Cryptocurrency is a digital currency that utilizes cryptography for security and can be sent from one person to another anywhere around the world at very low processing charges. Bitcoin was the first cryptocurrency to be created. It was developed by Satoshi Nakamoto, a mysterious entity who has remained anonymous since then. Such cryptocurrencies like Bitcoin, Ethereum, Neo, Ripple, Litecoin and Tether can be exchanged on cryptocurrency exchanges like Rubix.io. Cryptocurrencies utilize peer to peer technology to allow individuals and corporations have the ability to send virtual currencies. In order to send or receive the virtual currency, you must have a digital wallet. Two types are available – software and hosted wallets.