Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Crypto Coin – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
  • Monday, April 28, 2025
  • The Financial Encyclopedia
[wpdreams_ajaxsearchpro id=43 ]

Forex

  Forex   |   Terms
  • 555
  • February 28, 2023
[addtoany]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41

Crypto Coin

A type of cryptocurrency that represents a digital version of money (currency) consisting of a series of data blocks chained together cryptographically. It is the native asset created on its own blockchain network. Such crypto coins are meant to mimic traditional currencies (coins) as full-fledged money (medium of exchange, store of value, and measure of value).

Crypto coins operate on a blockchain where all the records for transactions involving a specific type of coin are maintained and can be easily and securely tracked. Payment by a crypto coin entails recording of the transaction and its receipt on the blockchain. Examples of crypto coins include Bitcoin and Ethereum.

Each transaction involving a crypto coin is secured by encryption and can be examined by any member of the network.


[related_posts_by_tax title="See also" posts_per_page="10" taxonomies="post_tag"]

[pt_view id=6070d0ao9i]
[su_box title="Watch on Youtube" style="soft" box_color="#f5f5f5" title_color="#282828" radius="2" class="" id=""][su_row class=""][su_column size="1/1" center="yes" class=""] [/su_column][/su_row][/su_box]

Latest Terms

Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments

    Leave Your Comment

    Your email address will not be published.*