Cryptocurrency is digital money that exists exclusively in electronic form. The reason for the lack of physical form lies in the very nature of these currencies. They operate through decentralized blockchain networks, which eliminates the need for physical carriers like traditional currencies. Cryptocurrencies are stored in digital wallets and can be transferred instantly without the involvement of banks or other intermediaries. This approach ensures a high level of security and privacy for transactions, making cryptocurrencies attractive to users worldwide.
11/15/2024 3:26:56 PM (GMT+1)
Why does cryptocurrency not have a physical form?


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.