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Getting to Know Digital Currencies Before Crypto Currency Trading

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Since the year 2009, crypto currencies have already been making noise all over the world. The rise of crypto currencies also marks the rise of crypto currency trading. In fact, as of today, there are hundreds of thousands of crypto currencies traders around the world.

If you are interested to become a trader as well, the first thing you need to get to know of are the different kinds of crypto currencies.

Most Valuable Crypto Currencies

There are hundreds of kinds of digital currencies that you can use for crypto currency trading. It is not a surprise that they are popping out everywhere since they are really popular. Instead of getting to know all of them, you need to focus on the best kinds of crypto currencies. Below are the following.

1.Bitcoin

No one can argue the fact that Bitcoin is far the most popular among all crypto currencies. It is also the one that made the way for other crypto currencies as it is the very first digital currency out there – the original crypto currency.

It was introduced by Satoshi Nakamoto in the year 2009. While Bitcoin is no longer valued as high as before, it is still the most valuable crypto currency up to date.

2. Dash

While Dash can’t compare to bitcoin and other bigger crypto currencies yet, it is known for being a promising one. Dash was introduced by Kyle Hagan and Evan Duffield. It aims to enhance the function of the system and to heighten anonymity.

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While it is not yet generally accepted, there are a few businesses that already accept Dash payments. It is one of the crypto currencies that rock one of the highest value per coin on the market.

3. Namecoin

Namecoin is one of the earliest altcoins in history. It is difficult to find a retailer that will accept Namecoin payment. However, this is not an issue since registering domain on its network is what the main financial purpose of Namecoin is.

4. Dogecoin

Dogecoin might not be accepted to every single store out there. However, it is one of the widely accepted cryptocurrencies today. It boasts a total of 200 retailers that accept it as a payment.

If you want to start crypto currency trading, be sure to be familiar with other digital currencies, along with the four listed above, in order to make a wise trading decision.

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