Crypto Tracker: Easily Manages Multiple Crypto currency - Farah Atelier

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Sunday, January 20, 2019

Crypto Tracker: Easily Manages Multiple Crypto currency

You may have heard about Bitcoin as the most popular cryptocurrency, however, there are numerous other altcoins in the market which performs way better than Bitcoin. However, Bitcoin is one of the most popular altcoins in the market. Different altcoins have got different facilities and features which you can enjoy by investing in them and using a crypto tracker you can properly track and manage your portfolio.


Once upon a time, you could have easily count the number of available cryptocurrencies, but this is not possible any more. The cryptocurrency market has grown to a huge one and is still growing.

Different Types of Cryptocurrencies

There are basically three different types of cryptocurrencies which are: -

        Bitcoin
        Altcoins and
        Tokens for dApps

Among all of these, Bitcoin is one of the most popular cryptocurrencies in the whole world. Bitcoin is the beginning of the era of cryptocurrency and the idea of the same came up in 2008. However, in the last decade, there is a birth of numerous other cryptocurrencies in the market. So, let’s find out about them in details.

Bitcoin

It is a currency which you can use similar to other currency like the USD or EUR etc, but it doesn’t have a physical form as it is a digital currency. With Bitcoin, there is no involvement of any third party like the bank for the transaction.

Here the transactions happen between directly between the users like a peer-to-peer network. Thus, without the need for the third party, there is no need for identifying yourself for any kind of transaction with Bitcoin.

Altcoins

You can find thousands of altcoins in the market. However, most of the altcoins are just the shadow version of Bitcoins with a few minor changes. That is why it got the name altcoins or alternative coins.
However, all the altcoins are not like Bitcoins or its shadow. There are many which are completely different from the Bitcoin and has got completely different properties and goals.
  
Tokens ( for dApps)

This is completely different from the other two. The Tokens don’t have their own blockchain. The Tokens are used on the dApps which means “decentralized applications”. These Tokens can be used to purchase things on the dApp or for certain type of advantages. The tokens can also be sold at a higher price

So, if you are interested in cryptocurrency, then you can invest in different types of altcoins and Bitcoins. The Crypto Tracker provides complete assistance in the process of tracking and daily management of the currency and the rates and makes your life easier for handling your investment.

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