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<blockquote><strong>Cryptocurrencies are taking over finance. Here’s everything you need to know about cryptocurrencies to become an investor today.</strong></blockquote><h3 id="strong-what-is-cryptocurrency-strong"><strong>What is Cryptocurrency?</strong></h3><p>Cryptocurrencies are a form of digital currency that uses cryptography to secure transactions. The first cryptocurrency, Bitcoin, was created in 2009 by a person under the pseudonym Satoshi Nakamoto and is now used worldwide. Unlike fiat currencies, which are controlled by central banks, cryptocurrencies operate through decentralized blockchain technology, making them safer and more efficient. Cryptocurrencies are stored in digital wallets and can only be used online.</p><h3 id="strong-bitcoin-the-freedom-money-strong"><strong>Bitcoin: The Freedom Money</strong></h3><p>Bitcoin, the first and largest cryptocurrency, was developed with the aim of creating a currency that was free from government control. It operates through a decentralized network of computers, known as nodes, making it safer than traditional centralized systems as no single computer can influence the whole network. If a bank’s central server is compromised, so is the whole network. But if one node on the blockchain gets hacked, the rest of the system is still safe.</p><p>Decentralized transactions using cryptocurrency are quicker and cheaper than those in traditional finance because blockchain is a peer-to-peer network (P2P). With P2P, users can interact directly without banks as intermediaries. Because of this, users avoid processing time and fees.</p><h3 id="strong-how-is-cryptocurrency-different-strong"><strong>How is Cryptocurrency Different?</strong></h3><p>Previous digital currencies had a problem with double spending — it wasn’t possible to tell if someone had used the same token to pay for something twice. Bitcoin solved this issue through its public distributed ledger system. When a transaction is made between two parties, it is broadcast to the network and checked by every node. Once every node has reviewed the transaction, it gets approved.</p><h2 id="header-0"><strong>Benefits of Cryptocurrency</strong></h2><ul><li>Cryptocurrencies are the first form of money that is free from government control.</li><li>Cryptocurrencies are borderless, meaning they can be used anywhere in the world.</li><li>Transactions that use cryptocurrency are quicker than traditional finance and usually cost less than international bank transfers.</li><li>The combination of cryptography and blockchain technology make it a secure and reliable way to transact value.</li><li>Cryptocurrencies are full of opportunities to grow wealth, while traditional finance is stagnating.<br /></li></ul><p>Many digital currencies are created at random. Because of this, it is difficult for them to gain value. Bitcoin is different because only 21 million tokens can ever exist. Because the supply of available Bitcoin will decrease over time, demand increases and pushes up the price. Combined with its many use cases, this is why the price of Bitcoin is increasing steadily over time.</p><p>At Tradetomato, we are selective about the cryptocurrencies we support to ensure that our users have the best opportunities to grow their wealth. That’s why we’ve made it easy for you to start your journey with Bitcoin and Ethereum, so you can explore the world of cryptocurrency and its potential for your financial future.</p><p>Take the first step to securing your financial future and <a href="https://bit.ly/TradetomatoAcademy" rel="noopener noreferrer nofollow">learn more</a> about cryptocurrency today!</p><h2 id="header-1">About Tradetomato</h2><blockquote>Tradetomato is a next-generation trading platform that allows anyone with an interest in crypto to easily automate their portfolio across wallets, and centralized and decentralized exchanges.  Automate your own trading strategies or use the marketplace to instantly deploy algorithms made by our team and the community. Dive into our advanced tools to take full control of your portfolio and optimize your gains!  Are you ready to learn how Tradetomato works?</blockquote><h3 id="want-to-join-our-open-alpha-and-become-a-tester">Want to join our open alpha and become a tester?</h3><p>It’s completely free, and there’s no waiting list!</p><p>&#x1f48e; Test and tinker with the platform. <br />&#x1f48e; Create your own trading algorithms. <br />&#x1f48e; Backtest your strategies with historical data. <br />&#x1f48e; Use a template from our marketplace. <br />&#x1f48e; Be the first to try new features as we release them. <br />&#x1f48e; Earn custom rewards and badges through active participation.</p><p><a href="https://app.tradetomato.com/sign-up" rel="noopener noreferrer nofollow">Sign up</a> today and become an alpha tester! &#x1f345;</p><p><a href="https://www.tradetomato.com/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://discord.gg/58tgf8H7H9" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://twitter.com/trade_tomato" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.linkedin.com/company/tradetomato" rel="noopener noreferrer nofollow">Linkedin</a> | <a href="https://t.me/tradetomato" rel="noopener noreferrer nofollow">Telegram Ann.</a> | <a href="https://t.me/Tradetomatochat" rel="noopener noreferrer nofollow">Telegram Chat</a> </p><h2 id="header-2"></h2>

Introduction to Cryptocurrencies

Table of Contents

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