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An Introduction to Cryptocurrencies

Cryptocurrencies were originally designed to serve as an alternative currency to sovereign currencies like the US Dollar. However, they're not controlled by a Central Bank,  any institution or anyone at all, which gives Cryptocurrencies the accolade of being Decentralised.

 

 Cryptocurrencies, like Bitcoin & Ethereum, are solely digital and run on a new technology that you may have heard of called 'The Blockchain.'

 

Cryptocurrencies can be used in any country in the world and can be transferred across the globe in seconds, for an insignificantly low fee. That is why they are often titled 'Global Currencies' that have the potential to revolutionise the global monetary system and finance.

 

To own and store Cryptocurrencies, all you need is a digital device like a Computer or a Mobile Phone. And yes, following suite with all of the other Cryptocurrency benefits, storing your cryptocurrencies is also FREE.