common-close-0
BYDFi
Trade wherever you are!

What is another name for a digital currency?

avatarswati gautamJan 15, 2022 · 3 years ago3 answers

Can you provide me with another term commonly used to refer to a digital currency?

What is another name for a digital currency?
Digital Currency
Cryptocurrency
Virtual Currency

3 answers

  • avatarJan 15, 2022 · 3 years ago
    Sure! Another commonly used term for a digital currency is cryptocurrency. It is a type of virtual currency that uses cryptography for security and operates independently of a central bank. Bitcoin, Ethereum, and Ripple are examples of popular cryptocurrencies.
  • avatarJan 15, 2022 · 3 years ago
    You got it! Cryptocurrency is the name you're looking for. It's a digital or virtual form of currency that uses cryptography for secure financial transactions, control the creation of additional units, and verify the transfer of assets. Bitcoin, Litecoin, and Ethereum are some well-known cryptocurrencies.
  • avatarJan 15, 2022 · 3 years ago
    Absolutely! Cryptocurrency is the term you're after. It refers to a digital or virtual currency that relies on encryption techniques to secure transactions and control the creation of new units. Bitcoin, Ethereum, and Litecoin are some of the most well-known cryptocurrencies in the market. At BYDFi, we also deal with various cryptocurrencies and provide a secure platform for trading them.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions