ABC News (Australia) published this video item, entitled “Cryptocurrency investors cashing in big during the pandemic | Finance Report” – below is their description.
Investors in the cryptocurrency bitcoin have been cashing in big in recent months, but its been a bumpy ride. After crashing in price four years ago, it’s once again soared back to record highs.
ABC News (Australia) YouTube Channel
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In This Story: Cryptocurrency
A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.
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Major exchanges and platforms enable the purchase, trading and swapping of cryptocurrencies. To get started with crypto, register with an exchange or platform such as: