What is a bitcoin ATM? Well, it pretty much works the same way as traditional ATMs—you put a credit or debit card in the machine and then receive cash. However, the difference is that it allows you to withdraw BTC. Types of bitcoin ATM There are three main types of bitcoin ATMs: (1) ATMs that convert […]
Category: CRYPTOCURRENCY
What is Cryptocurrency? [What is Cryptocurrency Mining!]
The concept of digital currency gained considerable traction in the 90s tech boom. Multiple organisations and programmers ventured to create a parallel line of currency that would be out of any central authority’s reach. However, ironically, the companies that tried to create this digital currency themselves assumed the authority of verifying and facilitating transactions. It […]
Top 10 Different types of Cryptocurrencies
Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. KEY TAKEAWAYS A cryptocurrency, broadly defined, is virtual or digital money which takes the form of tokens or “coins.” Beyond […]