Tag: cryptocurrency

Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. It is a peer-to-peer system that allows anyone, anywhere to send and receive payments. Instead of being physical money that can be carried around and exchanged in the real world, cryptocurrency payments exist solely as digital records in an online database that describe specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets.