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Cryptocurrencies:  13207Exchanges:  303Market Cap:   24h Vol:   Dominance:  BTC %44.56  ETH %19.04 Today News:  0

Mining Equipments

Avalon Nano BTC USB Mining Equipment 3.6 GH/s
Avalon Nano BTC USB Mining Equipment 3.6 GH/s
Algorithm
SHA-256
Hashes Per Second
7000000000
Cost
450 USD
Type
USB
Power Consumption
7
Currencies Available
Bitcoin
Avalon 4.1 BTC Mining Equipment – 1.3 TH/s
Avalon 4.1 BTC Mining Equipment – 1.3 TH/s
Algorithm
SHA-256
Hashes Per Second
1300000000000
Cost
1.57 BTC
Type
ASIC
Power Consumption
990
Currencies Available
Bitcoin
Avalon 4.1 BTC Mining Equipment 4.2 TH/s
Avalon 4.1 BTC Mining Equipment 4.2 TH/s
Algorithm
SHA-256
Hashes Per Second
3900000000000
Cost
1550 USD
Type
ASIC
Power Consumption
2970
Currencies Available
Bitcoin
Avalon 6.0 BTC Mining Equipment 3.7 TH/s
Avalon 6.0 BTC Mining Equipment 3.7 TH/s
Algorithm
SHA-256
Hashes Per Second
3500000000000
Cost
4.93 BTC
Type
ASIC
Power Consumption
1050
Currencies Available
Bitcoin
AvalonMiner 741 BTC Mining Equipment 7.3 TH/s
AvalonMiner 741 BTC Mining Equipment 7.3 TH/s
Algorithm
SHA-256
Hashes Per Second
7300000000
Cost
199 USD
Type
ASIC
Power Consumption
1150
Currencies Available
Bitcoin
AntMiner S9i 14.5TH/s
AntMiner S9i 14.5TH/s
Algorithm
SHA-256
Hashes Per Second
14500000000000
Cost
394.18 USD
Type
ASIC
Power Consumption
1350
Currencies Available
Bitcoin
AntMiner S7 Batch 10
AntMiner S7 Batch 10
Algorithm
SHA-256
Hashes Per Second
4730000000000
Cost
100 USD
Type
ASIC
Power Consumption
1293
Currencies Available
Bitcoin
AntMiner C1
AntMiner C1
Algorithm
SHA-256
Hashes Per Second
1000000000000
Cost
1000 USD
Type
ASIC
Power Consumption
800
Currencies Available
Bitcoin
Antminer U3
Antminer U3
Algorithm
SHA-256
Hashes Per Second
63000000000
Cost
83 USD
Type
USB
Power Consumption
63
Currencies Available
Bitcoin
Antminer S4+
Antminer S4+
Algorithm
SHA-256
Hashes Per Second
2570000000000
Cost
1000 USD
Type
ASIC
Power Consumption
1480
Currencies Available
Bitcoin
AntMiner S5 Batch 6
AntMiner S5 Batch 6
Algorithm
SHA-256
Hashes Per Second
60060000000000
Cost
400 USD
Type
ASIC
Power Consumption
30680
Currencies Available
Bitcoin
AntMiner S5 Batch 5
AntMiner S5 Batch 5
Algorithm
SHA-256
Hashes Per Second
1155000000000
Cost
400 USD
Type
ASIC
Power Consumption
590
Currencies Available
Bitcoin
Antminer R4
Antminer R4
Algorithm
SHA-256
Hashes Per Second
8700000000000
Cost
1000 USD
Type
ASIC
Power Consumption
845
Currencies Available
Bitcoin
Antminer T9+ (10.5TH/s) with PSU
Antminer T9+ (10.5TH/s) with PSU
Algorithm
SHA-256
Hashes Per Second
10500000000000
Cost
430 USD
Type
ASIC
Power Consumption
1332
Currencies Available
Bitcoin
R1 AntRouter
R1 AntRouter
Algorithm
SHA-256
Hashes Per Second
5500000000
Cost
48 USD
Type
Chip
Power Consumption
4
Currencies Available
Bitcoin
Antminer L3+ (504MH/s)
Antminer L3+ (504MH/s)
Algorithm
Scrypt
Hashes Per Second
504000000
Cost
209 USD
Type
ASIC
Power Consumption
800
Currencies Available
Litecoin
D3 Antminer
D3 Antminer
Algorithm
X11
Hashes Per Second
15000000000
Cost
1500 USD
Type
ASIC
Power Consumption
1200
Currencies Available
Dash
Antminer V9
Antminer V9
Algorithm
SHA-256
Hashes Per Second
4000000000000
Cost
261 USD
Type
ASIC
Power Consumption
1027
Currencies Available
Bitcoin
Antminer X3
Antminer X3
Algorithm
CryptoNight
Hashes Per Second
220000
Cost
1988 USD
Type
ASIC
Power Consumption
465
Currencies Available
Monero Original
Antminer E3
Antminer E3
Algorithm
Ethash
Hashes Per Second
190000000
Cost
966 USD
Type
ASIC
Power Consumption
760
Currencies Available
Ethereum
Antminer B3
Antminer B3
Algorithm
Ethash
Hashes Per Second
780
Cost
480 USD
Type
ASIC
Power Consumption
328
Currencies Available
Ethereum
Antminer Z9 Mini
Antminer Z9 Mini
Algorithm
Equihash
Hashes Per Second
10000
Cost
1413 USD
Type
ASIC
Power Consumption
300
Currencies Available
ZCash
Antminer L3++
Antminer L3++
Algorithm
Scrypt
Hashes Per Second
580000000
Cost
480 USD
Type
ASIC
Power Consumption
942
Currencies Available
Litecoin
Antminer S15
Antminer S15
Algorithm
SHA-256
Hashes Per Second
28000000000000
Cost
1708 BTC
Type
ASIC
Power Consumption
1596
Currencies Available
Bitcoin
Antminer S11
Antminer S11
Algorithm
SHA-256
Hashes Per Second
19500000000000
Cost
499 USD
Type
ASIC
Power Consumption
1365
Currencies Available
Bitcoin
Antminer S9j
Antminer S9j
Algorithm
SHA-256
Hashes Per Second
14500000000000
Cost
605 USD
Type
ASIC
Power Consumption
1350
Currencies Available
Bitcoin
Antminer DR5
Antminer DR5
Algorithm
BLAKE256
Hashes Per Second
34000000000000
Cost
1915 USD
Type
ASIC
Power Consumption
1800
Currencies Available
Decred
SPx36 DASH 540 GH/s
SPx36 DASH 540 GH/s
Algorithm
X11
Hashes Per Second
540000000000
Cost
7000 USD
Type
ASIC
Power Consumption
4400
Currencies Available
Dash
Ethereum Mining Rig 125MH/s
Ethereum Mining Rig 125MH/s
Algorithm
Ethash
Hashes Per Second
125000000
Cost
2143.54 USD
Type
Rig
Power Consumption
800
Currencies Available
Ethereum
Ethereum Mining Rig 170MH/s
Ethereum Mining Rig 170MH/s
Algorithm
Ethash
Hashes Per Second
170000000
Cost
1943 USD
Type
Rig
Power Consumption
750
Currencies Available
Ethereum
Ethereum Mining Rig 180MH/s
Ethereum Mining Rig 180MH/s
Algorithm
Ethash
Hashes Per Second
180000000
Cost
2359 USD
Type
Rig
Power Consumption
900
Currencies Available
Ethereum
Zcash Mining Rigs 1300H/s
Zcash Mining Rigs 1300H/s
Algorithm
Equihash
Hashes Per Second
1165
Cost
2357.73 USD
Type
Rig
Power Consumption
840
Currencies Available
ZCash
Monero Mining Rig 3200 H/s
Monero Mining Rig 3200 H/s
Algorithm
CryptoNight
Hashes Per Second
3200
Cost
2142.90 USD
Type
Rig
Power Consumption
800
Currencies Available
Monero
Monero Mining Rig 5000H/s
Monero Mining Rig 5000H/s
Algorithm
CryptoNight
Hashes Per Second
5000
Cost
1959 USD
Type
Rig
Power Consumption
650
Currencies Available
Monero
Baikal mini 150MH/s Dash Miner
Baikal mini 150MH/s Dash Miner
Algorithm
X11
Hashes Per Second
150000000
Cost
375.48 USD
Type
ASIC
Power Consumption
40
Currencies Available
Dash
Baikal Quadruple 600MH/s Dash Miner
Baikal Quadruple 600MH/s Dash Miner
Algorithm
X11
Hashes Per Second
600000000
Cost
1395.35 USD
Type
ASIC
Power Consumption
160
Currencies Available
Dash
Baikal Giant-A900 Dash Miner 900 MH/s
Baikal Giant-A900 Dash Miner 900 MH/s
Algorithm
X11
Hashes Per Second
600000000
Cost
2682.86 USD
Type
ASIC
Power Consumption
217
Currencies Available
Dash
nVidia Geforce GTX 1080 TI ZCash Mining
nVidia Geforce GTX 1080 TI ZCash Mining
Algorithm
Equihash
Hashes Per Second
680
Cost
700 USD
Type
GPU
Power Consumption
250
Currencies Available
ZCash
nVidia GeForce GTX 1050 Ti Gaming X 4G Zcash Mining
nVidia GeForce GTX 1050 Ti Gaming X 4G Zcash Mining
Algorithm
Equihash
Hashes Per Second
175
Cost
175 USD
Type
GPU
Power Consumption
250
Currencies Available
ZCash
nVidia GeForce GTX 750 Ti Ethereum Mining
nVidia GeForce GTX 750 Ti Ethereum Mining
Algorithm
Ethash
Hashes Per Second
6000000
Cost
140 USD
Type
GPU
Power Consumption
40
Currencies Available
Ethereum
nVidia MSI P106-100 6GB Zcash Mining
nVidia MSI P106-100 6GB Zcash Mining
Algorithm
Equihash
Hashes Per Second
290
Cost
240 USD
Type
GPU
Power Consumption
100
Currencies Available
ZCash
nVidia Asus GeForce GTX 1060 6GB Zcash Mining
nVidia Asus GeForce GTX 1060 6GB Zcash Mining
Algorithm
Equihash
Hashes Per Second
300
Cost
299.99 USD
Type
GPU
Power Consumption
130w
Currencies Available
ZCash
nVidia GigaByte GeForce GTX 1070 G1 8GB Zcash Mining
nVidia GigaByte GeForce GTX 1070 G1 8GB Zcash Mining
Algorithm
Equihash
Hashes Per Second
445
Cost
499.99 USD
Type
GPU
Power Consumption
180
Currencies Available
ZCash
nVidia GeForce GTX 970 Ethereum Mining
nVidia GeForce GTX 970 Ethereum Mining
Algorithm
Ethash
Hashes Per Second
15900000
Cost
520 USD
Type
GPU
Power Consumption
145
Currencies Available
Ethereum
nVidia GigaByte GeForce GTX 1070 Ti 8G Zcash Mining
nVidia GigaByte GeForce GTX 1070 Ti 8G Zcash Mining
Algorithm
Equihash
Hashes Per Second
520
Cost
449 USD
Type
GPU
Power Consumption
125
Currencies Available
ZCash
nVidia EVGA GeForce GTX 1080 Ti FTW3 11GB Monero Mining
nVidia EVGA GeForce GTX 1080 Ti FTW3 11GB Monero Mining
Algorithm
CryptoNight
Hashes Per Second
910
Cost
799.99 USD
Type
GPU
Power Consumption
308
Currencies Available
Monero
nVidia GeForce GTX 1070 Ti Founders Edition Ethereum Mining
nVidia GeForce GTX 1070 Ti Founders Edition Ethereum Mining
Algorithm
Ethash
Hashes Per Second
31000000
Cost
449 USD
Type
GPU
Power Consumption
150
Currencies Available
Ethereum
ETH Mining Rig Classic
ETH Mining Rig Classic
Algorithm
Ethash
Hashes Per Second
165000000
Cost
29600 USD
Type
Rig
Power Consumption
1000
Currencies Available
Ethereum
ETH Mining Rig Elite
ETH Mining Rig Elite
Algorithm
Ethash
Hashes Per Second
180000000
Cost
30000 USD
Type
Rig
Power Consumption
1200
Currencies Available
Ethereum
ETH Mining Rig Pro
ETH Mining Rig Pro
Algorithm
Ethash
Hashes Per Second
170000000
Cost
34500 USD
Type
Rig
Power Consumption
1200
Currencies Available
Ethereum
ETH Mining Rig Lite
ETH Mining Rig Lite
Algorithm
Ethash
Hashes Per Second
130000000
Cost
28300 USD
Type
Rig
Power Consumption
1000
Currencies Available
Ethereum
ETH Mining Rig Ambition 1070
ETH Mining Rig Ambition 1070
Algorithm
Ethash
Hashes Per Second
240000000
Cost
37900 USD
Type
Rig
Power Consumption
2000
Currencies Available
Ethereum


Cryptocurrency FAQs

What is a cryptocurrency?

Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets.

Cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The aim of encryption is to provide security and safety

The first cryptocurrency was Bitcoin, which was founded in 2009 and remains the best known today. Much of the interest in cryptocurrencies is to trade for profit, with speculators at times driving prices skyward.

How does a cryptocurrency work?

Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders.

Units of cryptocurrency are created through a process called mining, which involves using computer power to solve complicated mathematical problems that generate coins. Users can also buy the currencies from brokers, then store and spend them using cryptographic wallets.

If you own cryptocurrency, you don’t own anything tangible. What you own is a key that allows you to move a record or a unit of measure from one person to another without a trusted third party.

Although Bitcoin has been around since 2009, cryptocurrencies and applications of blockchain technology are still emerging in financial terms, and more uses are expected in the future. Transactions including bonds, stocks, and other financial assets could eventually be traded using the technology.

How are crypto prices calculated?

Crypto prices are calculated by averaging cryptocurrency exchange rates on different cryptocurrency trading platforms. This way, we can determine an average price that reflects cryptocurrency market conditions as accurately as possible.

Cryptocurrency exchanges provide markets where cryptocurrencies are bought and sold 24/7. Depending on the exchange, cryptocurrencies can be traded against other cryptocurrencies (for example BTC/ETH) or against fiat currencies like USD or EUR (for example BTC/USD). On exchanges, traders submit orders that specify either the highest price at which they’re willing to buy the cryptocurrency, or the lowest price at which they’re willing to sell. These market dynamics ultimately determine the current price of any given cryptocurrency.

Coinwas tracks more than 350 crypto exchanges and thousands of trading pairs to make sure that our data is as reliable as possible.

Generally, cryptocurrency price data will be more reliable for the most popular cryptocurrencies. Cryptocurrencies such as Bitcoin and Ethereum enjoy high levels of liquidity and trade at similar rates regardless of which specific cryptocurrency exchange you’re looking at. A liquid market has many participants and a lot of trading volume - in practice, this means that your trades will execute quickly and at a predictable price. In an illiquid market, you might have to wait for a while before someone is willing to take the other side of your trade, and the price could even be affected significantly by your order.

For smaller alternative cryptocurrencies or altcoins, there can be noticeable price discrepancies across different exchanges. At Coinwas, we weigh the price data by volume so that the most active markets have the biggest influence on the prices we’re displaying.

Which is the best cryptocurrency?

Bitcoin is the most popular cryptocurrency and enjoys the most adoption among both individuals and businesses. However, there are many different cryptocurrencies that all have their own advantages or disadvantages.

If you value a highly secure and decentralized network above all, Bitcoin is probably your best bet. This is because the Bitcoin network consists of thousands of nodes spread geographically and is secured by a massive amount of computing power. On the other hand, if you require transactions to be very fast and cheap, Bitcoin is probably not the best choice due to the relative inefficiency of its Proof-of-Work design. In that case, you might want to consider using a cryptocurrency like XRP or Stellar Lumens instead. If you want to use decentralized applications and need functionality, a cryptocurrency such as Ethereum or EOS would be the best choice.

The cryptocurrencies listed here are used as examples to illustrate the point that the best cryptocurrency depends on your specific requirements and use case.

Who invented cryptocurrency?

Cryptocurrency was invented by Satoshi Nakamoto, which is the pseudonym used by the inventor of Bitcoin. Even though digital currency concepts existed before Bitcoin, Satoshi Nakamoto was the first to create a peer-to-peer digital currency that reliably solved the issues facing previous digital money projects. Bitcoin was initially proposed in 2008 and launched in early 2009. Following the invention of Bitcoin, thousands of projects have attempted to imitate Bitcoin’s success or improve upon the original Bitcoin design by leveraging new technologies.

What is the market cap of a cryptocurrency?

Crypto market capitalization or "crypto market cap" for short is a widely used metric that is commonly used to compare the relative size of different cryptocurrencies. On Coinwas, market cap is the default metric by which we rank cryptocurrencies on our frontpage. We also track the total cryptocurrency market cap by adding together the market cap of all the cryptocurrencies listed on coinwas. The total market cap provides an estimate on whether the cryptocurrency market as a whole is growing or declining.

How is crypto market cap calculated?

We calculate a cryptocurrency’s market cap by taking the cryptocurrency’s price per unit and multiplying it with the cryptocurrency’s circulating supply. The formula is simple: Market Cap = Price * Circulating Supply. Circulating supply refers to the amount of units of a cryptocurrency that currently exist and can be transacted with.

Let’s quickly calculate the market cap of Bitcoin as an example. The Bitcoin price is currently $39,233 and there are 18.98 million BTC coins in circulation. If we use the formula from above, we multiply the two numbers and arrive at a market cap of $744.82 billion.

Does market cap matter in cryptocurrency?

Crypto market cap matters because it is a useful way to compare different cryptocurrencies. If Coin A has a significantly higher market cap than Coin B, this tells us that Coin A is likely adopted more widely by individuals and businesses and valued higher by the market. On the other hand, it could potentially also be an indication that Coin B is undervalued relative to Coin A.

Even though market cap is a widely used metric, it can sometimes be misleading. A good rule of thumb is that the usefulness of any given cryptocurrency’s market cap metric increases in proportion with the cryptocurrency’s trading volume. If a cryptocurrency is actively traded and has deep liquidity across many different exchanges, it becomes much harder for single actors to manipulate prices and create an unrealistic market cap for the cryptocurrency.

How can a cryptocurrency increase its market cap?

A cryptocurrency’s market cap increases when its price per unit increases. Alternatively, an increase in circulating supply can also lead to an increase in market cap. However, an increase in supply also tends to lead to a lower price per unit, and the two cancel each other out to a large extent. In practice, an increase in price per unit is the main way in which a cryptocurrency’s market cap grows.

What is Bitcoin’s market cap?

The Bitcoin market cap is currently $744.82 billion. We arrive at this figure by multiplying the price of 1 BTC and the circulating supply of Bitcoin. The Bitcoin price is currently $39,233 and its circulating supply is 18.98 million. If we multiply these two numbers, we arrive at a market cap of $744.82 billion.

What is cryptocurrency circulating supply?

The circulating supply of a cryptocurrency is the amount of units that is currently available for use. Let’s use Bitcoin as an example. There is a rule in the Bitcoin code which says that only 21 million Bitcoins can ever be created. The circulating supply of Bitcoin started off at 0 but immediately started growing as new blocks were mined and new BTC coins were being created to reward the miners. Currently, there are around 18.52 million Bitcoins in existence, and this number will keep growing until the 21 millionth BTC is mined. Since 18.98 million BTC have been mined so far, we say that this is the circulating supply of Bitcoin.

What is an altcoin?

altcoin is any cryptocurrency that is not Bitcoin. The word "altcoin" is short for "alternative coin", and is commonly used by cryptocurrency investors and traders to refer to all coins other than Bitcoin. Thousands of altcoins have been created so far following Bitcoin’s launch in 2009.

What is the difference between Bitcoin and altcoins?

Bitcoin is the oldest and most established cryptocurrency, and has a market cap that is larger than all of the other cryptocurrencies combined. Bitcoin is also the most widely adopted cryptocurrency, and is accepted by practically all businesses that deal with cryptocurrency.

However, Bitcoin is far from the only player in the game, and there are numerous altcoins that have reached multi-billion dollar valuations. The second largest cryptocurrency is Ethereum, which supports smart contracts and allows users to make highly complex decentralized applications. In fact, Ethereum has grown so large that the word "altcoin" is rarely used to describe it now.

Generally, altcoins attempt to improve upon the basic design of Bitcoin by introducing technology that is absent from Bitcoin. This includes privacy technologies, different distributed ledger architectures and consensus mechanisms.

What is DeFi?

The term DeFi (decentralized finance) is used to refer to a wide variety of decentralized applications that enable financial services such as lending, borrowing and trading. DeFi applications are built on top of blockchain platforms such as Ethereum and allow anyone to access these financial services simply by using their cryptocurrency wallets.

What are the top 10, 50 cryptocurrencies?

The top 10 cryptocurrencies are ranked by their market capitalization. Even though 10 is an arbitrarily selected number, being in the top 10 by market capitalization is a sign that the cryptocurrency enjoys a lot of relevance in the crypto market. The crypto top 10 changes frequently because of the high volatility of crypto prices. Despite this, Bitcoin and Ethereum have been ranked #1 and #2, respectively, for several years now.

What is the difference between token and coin?

A coin is a cryptocurrency that is the native asset on its own blockchain. These cryptocurrencies are required to pay for transaction fees and basic operations on the blockchain. BTC (Bitcoin) and ETH (Ethereum) are examples of coins.

Tokens, on the other hand, are crypto assets that have been issued on top of other blockchain networks. The most popular platform for issuing tokens is Ethereum, and examples of Ethereum-based tokens are MKR, UNI and YFI. Even though you can freely transact with these tokens, you cannot use them to pay Ethereum transaction fees.

What is blockchain and how is it connected with cryptocurrency?

blockchain is a type of distributed ledger that is useful for recording the transactions and balances of different participants. All transactions are stored in blocks, which are generated periodically and linked together with cryptographic methods. Once a block is added to the blockchain, data contained within it cannot be changed, unless all subsequent blocks are changed as well.

A cryptocurrency wouldn’t be very useful if anyone could just change the history of transactions to their own liking - the point of cryptocurrency is that you can be sure that your coins belong to you only and that your balances will not change arbitrarily. This is why reaching consensus is of utmost importance. In Bitcoin, miners use their computer hardware to solve resource-intensive mathematical problems. The miner that reaches the correct solution first gets to add the next block to the Bitcoin blockchain, and receives a BTC reward in return.

With a blockchain, it’s possible for participants from across the world to verify and agree on the current state of the ledger. Blockchain was invented by Satoshi Nakamoto for the purposes of Bitcoin. Other developers have expanded upon Satoshi Nakamoto’s idea and created new types of blockchains – in fact, blockchains also have several uses outside of cryptocurrencies.

What is cryptocurrency/Bitcoin mining?

Cryptocurrency mining is the process of adding new blocks to a blockchain and earning cryptocurrency rewards in return. Cryptocurrency miners use computer hardware to solve complex mathematical problems. These problems are very resource-intensive, resulting in heavy electricity consumption.

The miner that provides the correct solution to the problem first gets to add the new block of transactions to the blockchain and receives a reward in return for their work. Bitcoin miners are rewarded with BTC, Ethereum miners are rewarded with ETH, and so forth.

Cryptocurrencies such as Bitcoin feature an algorithm that adjusts the mining difficulty depending on how much computing power is being used to mine it. In other words – as more and more people and businesses start mining Bitcoin, mining Bitcoin becomes more difficult and resource-intensive. This feature is implemented so that the Bitcoin block time remains close to its 10 minute target and the supply of BTC follows a predictable curve.

Cryptocurrencies that reach consensus through mining are referred to as Proof-of-Work coins. However, alternative designs such as Proof-of-Stake are used by some cryptocurrencies instead of mining.

How can I find historical crypto market cap and crypto price data?

You can find historical crypto market cap and crypto price data on Coinwas, a comprehensive platform for crypto charts and prices.

How many cryptocurrencies exist?

There are thousands of different cryptocurrencies. On Coinwas, you can find crypto prices for over 12000 cryptocurrencies, and we are listing new cryptocurrencies every single day.

What is an ICO?

ICOIt stands for Initial Coin Offering and refers to a method of raising capital for cryptocurrency and blockchain related projects. Typically, a project will create a token and present its ideas in a whitepaper. The project will then offer tokens to raise the necessary capital for fundraising. Although there have been many successful ICOs to date, investors need to be very careful if they are interested in purchasing tokens in an ICO. ICOs are largely unregulated and very risky.

What is a cryptocurrency exchange?

A cryptocurrency exchange is a platform that facilitates markets for cryptocurrency trading. Some examples of cryptocurrency exchanges include Binance, Bitstamp and Kraken.

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