What are cryptocurrencies?
Cryptocurrencies are named after cryptography and mathematical algorithm. Their primary function is decentralisation, transparency, immutability, and security thanks to blockchain technology.
What is decentralisation?
Are cryptocurrencies deflationary?
Are cryptocurrencies anonymous?
Bitcoin
The oldest cryptocurrency also referred to as digital gold
Bitcoin was developed in 2009. It is the first decentralised cryptocurrency on the blockchain and set off a global revolution.
Its creator is anonymous, and only known under the pseudonym Satoshi Nakamoto.
Bitcoin is also known as digital gold, and thanks to its deflationary nature with clearly set rules, it is considered a great store of value.
Bitcoin
BTC
NA/NaN
NA/NaN
Bitcoin halving countdown
--
Days
--
Hours
--
Minutes
--
Seconds
Na/NaN
Total BTC in circulation
21 000 000
Total BTC to ever be produced
Na/NaN
BTC market cap
What is blockchain?
Blockchain is a decentralised database of all transactions of a single cryptocurrency.
Blockchain is a new technology used by most cryptocurrencies, including bitcoin. The information on a blockchain network is stored in blocks.
Blocks are created by miners, and subsequently linked according to defined cryptography rules. Blockchain is also called an "open ledger" – immutable thanks to its decentralised nature.
Crypto glossary
Browse frequently used crypto terms.
1 SATOSHI (0.00...
Satoshi is a bitcoin cent. Bitcoin is divisible into eight decimal places. 1 Bitcoin = 100,000,000 s...
Read moreALTCOIN
Altcoin is an alternative cryptocurrency, an alternative coin. From the perspective of the first cry...
Read moreASSET
Asset - assets of monetary value that can be owned or purchased. It can cover a variety of financial...
Read moreATH
The abbreviation ATH represents the highest value that any cryptocurrency has ever reached. ATH stan...
Read moreWEXO Blog
WEXO 4.0 Brings Smarter Withdrawals – Upcoming Bank Infrastruct...
As part of our long-term goal to continuously improve our services and elevate your user experience, we are undergo...
Read more