NIFTY 50

What are cryptocurrencies?

Updated : April 13, 2018 05:08 PM IST

Cryptocurrencies are digital or virtual currencies that can be used as a medium of exchange and are trying to fit into the traditional currency space.
As of today, cryptocurrencies are bought using legal tender and the value of one unit depends on the rise or fall in demand for the particular cryptocurrency.
In two months Bitcoin saw a slump and rise, just like any other volatile market.
What are cryptocurrencies?
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV