Definition of «cryptocurrency transactions»

Cryptocurrency transactions refer to the exchange or transfer of digital currencies using cryptography techniques. These transactions are recorded on a public ledger called blockchain, which ensures transparency and security in the process. Cryptocurrencies like Bitcoin use decentralized systems that allow users to make secure and anonymous payments without the need for intermediaries such as banks or financial institutions.

Phrases with «cryptocurrency transactions»

Sentences with «cryptocurrency transactions»

  • The desk handles more than $ 2 billion a month in cryptocurrency transactions with a minimum deal size of $ 250,000. (fortune.com)
  • The nature of cryptocurrency transactions calls for utmost security. (smartbitcoininvestments.com)
  • Following news of the impending ban, South Korean banks issuing new accounts for cryptocurrency transactions on the day of the ban. (cryptotimes.news)
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