What is cryptocurrency trading?
A cryptocurrency is a digital currency, where security of making transactions is provided by using cryptography methods. The concept of the very first digital currency, Bitcoin, was introduced by Satoshi Nakamoto in 2008. Since the moment cryptocurrencies appeared, they have been growing in popularity quickly and at present may be considered as some of the most highly-demanded trading instruments. There are more than 1,500 cryptocurrencies in the world and this number is constantly growing. At RoboForex, clients can finds the most popular cryptocurrencies on the market – Bitcoin, Bitcoin Cash, Dash, EOS, Ethereum, Litecoin, and Ripple.
Bitcoin is a decentralized digital currency created by Satoshi Nakamoto in 2009.
EOS is a new block chain platform, created by Dan Larimer and used for developing decentralized applications.
Ethereum is an open-source platform for creating online services based on the blockchain technology. The units generated by the Ethereum platform are called Ether.
Bitcoin Cash is a "fork" of bitcoin, which was created with limitations for block size of bitcoin in blockchain.
Dash is a decentralized payment system in the form of cryptocurrency, which uses the anonymous transactions technology.
Litecoin is another "fork" of bitcoin, a peer-to-peer electronic payment system, which uses the cryptocurrency with the same name.
Ripple is a cryptocurrency platform, which is a currency exchange and remittance network by Ripple.