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What is a cryptocurrency?
What is a cryptocurrency?

The basics and what you can read to learn more.

Kriptomat Support Team avatar
Written by Kriptomat Support Team
Updated over a week ago

Cryptocurrencies or digital currencies are the core of the new electronic payment system. They have similar properties to physical money (banknotes and coins), but they also allow the immediate transfer (transaction) of funds to another account, regardless of the country to which the funds are sent.

This system uses a decentralized currency via a peer-to-peer network to prevent double-spending.


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