Daily Cryptocurrency Prices, Charts and Data
CryptoLeda site strives to provide you, dear users, with the daily prices of cryptocurrency along with technical analysis charts.
The resources used to get the price of cryptocurrency are completely credible and you can use them easily.
What is a coin?
Coin is a type of cryptocurrency in which money and transactions are controlled by encrypted algorithms. There are many coins in the world of cryptocurrency today, the most famous of which is the Bitcoin cryptocurrency, which has attracted a lot of attention.
One of the most important factors in identifying a COIN that makes it completely distinctive is having a specific blockchain. Every coin in the cryptocurrency market must follow a network algorithm called blockchain to be effective. If a coin does not have a dedicated blockchain, it cannot be categorized as a coin.
What is a token?
In the digital currency market, a token is a cryptocurrency that does not have its own independent blockchain and is transferred to other networks such as Ethereum.
So in the cryptocurrency market, the most important thing that distinguishes a token from a coin is whether or not the blockchain is independent.
What is Altcoin?
Altcoin is all the cryptocurrencies introduced after the bitcoin.
Altcoin is a combination of the two words Alt from the root Alternate meaning replacement and Coin meaning coin, which eventually forms the word Altcoin.
What is Stablecoin?
A stable coin is a type of cryptocurrency that is valued based on the price of another asset, such as the dollar and the pound, or another cryptocurrency.
Just as Fiat currency (the currency of countries) is backed by gold and other valuable assets, so are stable coins backed by a valuable asset. This asset can be a Fiat currency such as the US dollar or another cryptocurrency.