Cryptocurrency Picker

Cryptocurrency is a digital or virtual currency that uses cryptography for secure financial transactions. Cryptocurrencies are decentralized systems that allow users to make secure payments and store money without the need for a central authority, such as a bank or government. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems. The decentralized control of each cryptocurrency works through a blockchain, which is a public transaction database, functioning as a distributed ledger. Bitcoin, the first and most widely used cryptocurrency, was created in 2009. There are thousands of different cryptocurrencies in existence as of 2021, with the total market capitalization of all cryptocurrencies exceeding $1 trillion. Cryptocurrencies are traded on online exchanges and stored in digital wallets. They can be used to buy goods and services, or can be held as an investment. Some people use cryptocurrencies as an alternative to traditional fiat money, while others use them for speculation and investment.

The best-known cryptocurrencies include Bitcoin, Ethereum and Ripple. There are already over 100 cryptocurrencies on the market. The number of digital currencies is increasing.

Many are combined with a blockchain. Transparency is an important factor here. Of course, there are large price jumps in crypto currencies and thus a certain degree of uncertainty. But the development of this currency also has great potential.

In some regions of Switzerland, cryptocurrencies are accepted as a commercially available means of payment. Even the first top athletes had some of their salaries paid out in bitcoins. Let’s see how this trend works in the future. It remains exciting.

With the random number generator you can call up the daily rates of the crypto currency and make your purchase decisions here. We have included the most famous cryptocurrencies in our selection.