Cryptocurrencies are digital assets held in a ledger secured by strong cryptography and distributed by a blockchain.The first crypto currency to be formed was bitcoin in 2009.Thereafter numerous coins have emerged.The top ten crypto currencies:Bitcoin,Ethereum,Ripple,Litecoin,Tether,Bitcoin cash,Libra,Monero,Eos,Binan cash.There hare thousand of cryptocurrencies and majority of them exist as intangible asset though some are in credit or debit cards
Bitcoin is the most valuable coin followed by ethereum.Today being 3rd of January 2021 the price for bitcoin is about$31,000 while Ethereum is about $1000,Litecoin $155,Ripple $0.23,Minero.Binan cash $411.Bitcoin being the most capitalised crypo is widely used in world.There exist some bitcoin ATM's in US.
To be able to buy and trade on cryptocurrencies you need the following:A cryptocurrency account,Personal Identification Number,a secure internet,and a method of payment.The following are notable trading platforms to buy cryptocurrencies: eToro, Robinhood, Gemini, Luno. Remitano ,Kraken ,Butrex,Tradestation,Binance,etc.
Crypocurrencies have made thousandnnaires,millionnaires and billionnaires in USD.Notable amongst those who haave chalked most of the wealth are:Nakamoto-He is the founder of bitcoin and he is worth over $19b.Chris Larsen-the co-founder of Ripple and he is worth about$7.5bn to $8bn.Joseph Lubrin-A canadian and one of the founders of Ethereum is worth about $1bn to $5bn.Changpen Zhao-He founded Binance which is the worl's largest crypto currency exchange and he is worth $2bn.Anthonio Diioro=one of Ethereum's founder,is worth $1bn.Mattheo Roszak is worth about $1bn.
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