Nikit Shingari says If you are a seasoned investor or trying to make your first investment, you need to know the major types of cryptocurrencies and how they work in order to make informed decisions.

1. Understanding The
Different Types of
Cryptocurrency
Nikit Shingari

2. Cryptocurrencies are divided into coins
and tokens and it is mandatory to know
the difference between those two.

3. The digital coin owns its blockchain and holds value. It is
also used for business transactions between two parties.
Token, on the other hand, is built on an existing
blockchain and it can be used for various things other
than digital money. it can be used for security, assets, and
others.

4. Out there there are different types of
cryptocurrencies and some people still have a
project of creating their blockchain. Here are the
few cryptocurrencies by Nikit Shingari
TYPES OF CRYPTOCURRENCIES

5. Bitcoin is considered the
world's first
cryptocurrency, and the
best-known type of
crypto.
BITCOIN ETHEREUM
Ether is a cryptocurrency
that is run on the
Ethereum blockchain.
Behind bitcoin is the
second most popular
cryptocurrency in the
crypto space by market
cap.
TETHER
Based on market
capitalization tether is the
largest stablecoins and also
was one of the first
cryptocurrencies to be tied
its value to a fiat currency
which is the US$.

6. one of the largest
cryptocurrency
exchanges in the
world as of 2021.
BINANCE
Cardon, which is also
known as ADA, uses a
previewed blockchain
protocol technology
called Ouroboros.
CARDANO
Dogecoin
cryptocurrency was
created using a popular
meme featuring the
Shiba Inu dog.
DOGECOIN

7. POLKADOT
It was launched in
May 2020 and one of
its goals is to dethrone
Ethereum.
XRP is considered a
faster, cheaper, and
more efficient way of
a global transaction.
Solana, also known as
SOL, is a new
cryptocurrency
established in March
2020.
XRP SOLANA

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9. Thank You