Liquidity
| Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Some popular cryptocurrencies include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Cryptocurrencies are often volatile, meaning their prices can fluctuate greatly. This is due in part to the fact that there is no central authority controlling the price of cryptocurrencies. When buying or selling cryptocurrencies, it is important to be aware of the potential for price impact on the market. |
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