Cryptocurrency

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CRYPTOCURRENCY

Presented by:
Syeda Amena & Sadia Fatima
B.COM (Comp) Final year
127620405022,127620405
010

MS
DEGREE
COLLEGE,
MALAKEPT
- TABLE OF CONTENTS -
01 CRYPTOCURRENCY. 06 TYPES OF CRYPTOCURRENCY.

02 DIGITAL & CONVENTINAL CURRENCY. 07 BENEFITS.

03 DIGITAL V/S
CONVENTIOAL CURRENCY. 08 RISKS.

04 CRYPTOCURRENCY TRADING. 09 IS CRYPTOCURRENCY SAFE TO


INVEST?

05 HOW DOES CRYPTOCURRENCY


WORK?
10 CONCLUSION.
CRYPTOCURRENCY
“The New Level Of
Currency”
CRYPTOCURRENCY!
 Cryptocurrency is a digital
currency in which encryption
techniques are used to regulate the
generation of units of currency and
verify the transfer of funds, operating
independently of a central bank
 Today Crypto Currencies have become a
global phenomenon known to most
people. While still somehow geeky and not
understood by most people, Banks,
Governments, and many companies are
aware of its importance.
—DIGITAL &
CONVENTIONAL
CURRENCIES!
“CURRENCIES:EMPOWERING
PEOPLE!”
Digital
Cryptocurrency
Digital currencies do not have physical attributes and
are available only in digital form. Transactions
involving digital currencies are made using
computers or electronic wallets connected to the
internet or designated networks

DIGITAL
CURREN
Conventional
CY

NAL
CURRENCY
Cryptocurrency
CONVENTIOA
Conventional currencies is the currency in any
form of money in actual physical form of
circulation as a medium of exchange,
.especially circulation of bank notes and coins
DIGITAL V/S CONVENTIONAL CURRENCY
DIGITAL CONVENTIONA
CURRENCY L CURRENCY
MONEY& Crypto-money , Online Physical money , Cash
PAYMENT: payment. payment.

Traded between nations in


Traraded on a particular
TRADING: bitcoin/coin exchange using exchange markets which
determine the relative value of
cryptography.
different currencies.

CONTROL
Decentralized. Central bank control.
:
Issued by Central Banks and
Bitcoin can be issued by everyone
ISSUED: who owns a required tool.
defined by Governments.
CRYPTOCURRENCY-
TRADING
“A Cryptocurrency a day helps you Work,
Rest, and Play.”
Cryptocurrency-Trading

Cryptocurrency trading is the act of


speculating on cryptocurrency price
movements via a CFD trading account, or
buying and selling the underlying coins via
an exchange.
 Cryptocurrency markets are decentralized, which
means they are not issued or backed by a central
authority such as a government. Instead, they run
across a network of computers. However, Crypto
currencies can be bought and sold via exchanges and
stored in ‘wallets’.
HOW DOES CRYPTO
CURRENCY WORK?
“Come to Life , Come to
Cryptocurrency!”
How Does Cryptocurrency Work?
It uses block chain technology. It is a very brilliant
technology because both the buyer and seller details
are viewable to each other and so no broker is
needed

For example if we need to buy a share from a stock


market we can do it easily with the help of a broker.
We will confirm the exchange order and then we will
receive the shares. We don’t need to contact the
seller in person

 This is known as “Principle of Novation.”

 In cryptocurrency involvement of third person is


not needed because all the transactions are
stored in a common location and it is viewable.
The identity of the person who made the
transaction is encrypted.
TYPES OF
CRYPTOCURRENCY
“ Don’t Leave Your Cryptocurrency
at Home ”
Types Of CryptoCurrency
- Evolution Of CryptoCurrency -
RISKS & BENEFITS
“Every CryptoCurrency has a
story”
Risks Of Cryprocurrency
Cryprocurrencies are targets for highly
sophisticated Hackers.

Fewer protection policies.

Cryprocurrencies can cost consumers much


more than the use of credit cards or even
regular cash.

Cryprocurrencies are prone to scams .


Fraudsters are taking advantage of hype
surrounding to cheat people.

The anonymous nature of Cryptocurrencies


make transperency and accountability
difficult for consumers seeking safety for their
investments.
Benefits of CryptoCurrency
Fast and cheap.

Easy to use.

Free to transfer and hold.

Decentralized control- users are


only owners to Cryptocurrency.

Central Government can’t take it away


as there are no chargeback's.

Due to no intermediary (such as


credit card or bank or company ) users
have freedom to transact.
IS CRYPTOCURRENCY
SAFE TO INVEST?
“Grow More, Invest Now!”
Is CryptoCurrency Safe To Invest?
Investment is a great way to secure the future, and
there are various modes to do the same. A number of
investment options are in the market, but not every
option is profitable and lucrative.
It all started with Bitcoin that emerged in 2009 and
since then there has been no looking back. A number
of crypto currencies have come up like Ethereum,
Litecoin, Ripple, etc.
Before Investing keep the following steps in mind:
(i)Educate yourself, (ii)Join the community to get
proper knowledge about the market,(iv)Study &
analyze before making choice.
 As far as investing in Cryptocurrency is concerned,
whether it is safe or not depends on how wisely you
choose the
currency and how the market works. All you need to
do is be wise, carefully observe the market , and make
How Common Is CryptoCurrency?
- CONCLUSION -
• They provide an
• Cryptocurrency is an
interesting new
impressive technical
perspective which to view
achievement, but it
economic questions
remains a monetary
surrounding currency
experiment. Even if
governance, the
Cryptocurrencies
characteristics of money,
survive, they may not
the political economy of
have fully displace real
financial intermediaries,
currencies.
and the nature of
currency competition.
THANK

YOU!

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