An Initial Coin Offering (ICO) is the cryptocurrency industry’s equivalent to an Initial Public Offering (IPO). ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO.
Cryptocurrency is digital money. That means there’s no physical coin or bill — it’s all online
The PolarityPay Bitcoin Calculator tool allows you to convert any amount to and from bitcoin (up to six decimal places) and your preferred world currencies, with conversion rates based on the live PolarityPay Bitcoin Price Index. Non-USD BPI prices are implied based on rates obtained via openexchangerates.org.
Each Bitcoin is basically a computer file which is stored in a 'digital
wallet' app on a smartphone or computer.People can send Bitcoins (or
part of one) to your digital wallet, and you can send Bitcoins to other
people. Every single transaction is recorded in a public list called the
This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies or undo-ing transactions.
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Cryptocurrency is digital money. That means there’s no physical coin or bill — it’s all online. You can transfer cryptocurrency to someone online without a go-between, like a bank. Bitcoin and Ether are well-known cryptocurrencies, but new cryptocurrencies continue to be created.
People might use cryptocurrencies for quick payments and to avoid transaction fees. Some might get cryptocurrencies as an investment, hoping the value goes up. You can buy cryptocurrency with a credit card or, in some cases, get it through a process called “mining.” Cryptocurrency is stored in a digital wallet, either online, on your computer, or on other hardware.
Before you buy cryptocurrency, know that it does not have the same protections as when you are using U.S. dollars. Also, know that scammers are asking people to pay with cryptocurrency because they know that such payments are typically not reversible.