A Guide to Cryptocurrencies-What You Must Know as a Trader | Top Cryptocurrency Exchanges Guide - PowerPoint PPT Presentation

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A Guide to Cryptocurrencies-What You Must Know as a Trader | Top Cryptocurrency Exchanges Guide


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Title: A Guide to Cryptocurrencies-What You Must Know as a Trader | Top Cryptocurrency Exchanges Guide

Guide To Cryptocurrencies
  • Platinum Crypto Academy

What you must know as Trader
  • Cryptocurrencies have gained a great deal of
    popularity in the financial world, owing to the
    security of funds, ease of transfer, speedy
    transactions and most importantly higher revenues
    that theyre capable of offering. Here, Platinum
    Crypto Academy provides you with an insight into
    the world of cryptocurrencies guide.

  • After the launch of Bitcoin, worlds very first
    cryptocurrency, the virtual currency gained
    instant recognition from traders around the
  • However, Bitcoin was essentially launched to
    establish a decentralized P2P network, which
    would further find a solution to the issue of
    double spending.
  • In addition to that articular feature, there were
    other aspects to the network such as high speed,
    anonymity as well as global scale.

How the Network Works?
  • Cryptocurrency operates on the blockchain
  • Thus, every single participant in that particular
    system automatically becomes the recipient/sender
    as well as the validator. 
  • The decentralized network has been primarily
    designed to validate every transaction.
  • Before performing any crypto transactions, it is
    first alidated to eliminate any double spending.
  • Besides, the network features several validators
    and till the time each of them gives their
    approval to the transaction, it remains pending.
  • Also, even if one of the validators chooses to
    not approve the transaction, it gets cancelled.

  • Bitcoin
  • Litecoin
  • As the first ever virtual currency, Bitcoin was
    created in the year 2009.
  • Bitcoin transactions are carried over a
    decentralized network.
  • This makes them extremely safe and private. Guide
    to Cryptocurrencies utilizes encryption for
    verifying any fund transfers. 
  • Introduced in the year 2011, Litecoin is also
    regarded as the Silver of the cryptocurrencies.
  • Litecoin offers fast and secure transactions
    within the blockchain network.

  • Ripple
  • Ethereum
  • Ripple is based on a system (also known as
    Ripple), which is capable of processing a number
    of transactions.
  • Ripple, like Bitcoin, enables users across the
    globe to perform transactions quickly and
  • Launched in 2015, Ethereum also utilizes the
    blockchain technology for performing transaction.
  • Ethereum isnt used for purchasing simple
    products on the web. It is basically a system
    that supports smart contracts for investing in
    the Initial Coin Offerings of newly formed

Thank You.
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