A cryptocurrency, crypto-currency, crypto, or coin is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Cryptocurrencies Famex Trade Works
Below we list all the cryptocurrencies that Famex Trade makes available for trading.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin.
Discover why hundreds of financial institutions choose Ripple to provide a better international payments experience for their customers in real-time. Ripple is a real-time gross settlement system created by Ripple Labs Inc.
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a "joke", making fun of the wild speculation in cryptocurrencies at the time.
Monero is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero.
Tether is a cryptocurrency that is hosted on the Ethereum and Bitcoin blockchains, among others. Its tokens are issued by the Hong Kong company Tether Limited, which in turn is controlled by the owners of Bitfinex.
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.
Ethereum Classic is an open source, blockchain-based distributed computing platform featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions executed on a public Ethereum Virtual Machine.
Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
EOS.IO is a blockchain protocol based on the cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second.
TRON is a decentralized, open-source blockchain-based operating system with smart contract functionality, proof-of-stake principles as its consensus algorithm and a cryptocurrency native to the system, known as Tronix.
Filecoin is an open-source, public cryptocurrency and digital payment system intended to be a blockchain-based cooperative digital storage and data retrieval method.
It is the first fully decentralized global payment system. It was designed in 2008, in the midst of the global financial crisis that began in the American mortgage market, with the aim of replacing paper money, in addition to eliminating the need for banks to intermediate financial operations.
Created more recently – in August 2017. It was developed in an attempt to improve the first currency, which has rates considered high and requires a long processing time for each operation. The main difference is that Bitcoin Cash has an 8 MB block size limit, much higher than the original Bitcoin's 1 MB.
Unlike Bitcoin and other digital currencies, Tether (USDT), launched in 2014 by a company of the same name, is a stablecoin because it is backed by a physical currency. The purpose of this cryptocurrency is to maintain a parity with the US dollar. That is, for each Tether issued, there must be an equivalent dollar in cash.
