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What Is Cryptocurrency
What Is Cryptocurrency
CRYPTOCURRENCY
TRADING
PEOEYE Academy Of Business Education (Pvt) Ltd
INTRODUCTION
What is Money
Money is something that people use to buy goods and
services. It's also used to pay back loans."
•Medium of Exchange
•Unit of Account
•Store of Value
What is Cryptocurrency
A cryptocurrency is a type of money that is digital and
secure. It's different from regular money like the U.S. Dollar
because no single group or person controls it. Instead, many
people help to keep it running through the internet
EVOLUTION OF MONEY
Decentralized. Centralized.
Cryptocurrency Evolution
• 2011: Introduction of Altcoins, like Litecoin.
• 2013: First major price bubble, Bitcoin exceeds $1,000.
• 2014: Mt. Gox hack, largest theft in crypto history.
• 2015-2019: Rise of Ethereum, ICOs, and increasing adoption
BLOCKCHAIN
A blockchain is a decentralized ledger of all
transactions across a peer-to-peer network.
Using this technology, participants can confirm
transactions without a need for a central
clearing authority.
Need to do a
transaction
Scoob Shaggy
Question
Scoob Shaggy
Middle man
For Helping
them
Scrappy
Cutting the middleman
Person Amount
Scoob 2 - 1
Shaggy 2 +1
Scrappy 2
Scrappy
Decentralized Ledger
Person Amount
Person Amount
Scoob 2
Scoob 2
Shaggy 2
Shaggy 2
Scrappy 2
Scrappy 2
Person Amount
Scoob 2
Shaggy 2
Scrappy 2
Scoob Shaggy
Scrappy
Decentralized Ledger
Person Amount
Person Amount
Ai654hgd 2
Ai654hgd 2
C321jhdc 3
C321jhdc 3
Anonymous W982gfs 1
W982gfs 1
Person Amount
Ai654hgd 2
C321jhdc 3
W982gfs 1
Scoob Shaggy
Scrappy
A crypto exchange is a
platform on which you
Crypto can buy and sell
cryptocurrency. You can
Exchange use exchanges to trade
one crypto for another
Types of exchanges
CENTRALIZED EXCHANGES
are online trading platforms that match buyers and sellers via an
orderbook. They function essentially the same way as online brokerage
accounts, which is why they are so popular among investors.
Ex : Binance
DECENTRALIZED EXCHANGES
Ex : PancakeSwap or Uniswap
Cryptocurrency vs Token
CRYPTOCURRENCY
TOKEN