Criptomonedas (cryptomonedas) are digital currencies that can be bought, sold and traded for dollars. A popular investment option, these volatile cryptocurrencies can yield large profits. Unfortunately, however, they’re not insured by a central party so can easily be lost through hacking or software glitches.
They are a form of digital currency
Criptomonedas (CRPTOMONEDAS) are an increasingly popular form of digital currency used for making purchases online. You can purchase these tokens through cryptocurrency exchanges that function like stock markets by buying and selling criptomonedas in exchange for traditional currencies like USD (United States Dollar). Although criptomonedas provide an easy and secure method for online payments, they do not fall under any central authority’s oversight and therefore do not cover theft or loss insurance policies. Furthermore, their volatile market may experience substantial price swings over a short period. Due to their inherent high-risk nature, criptomonedas are considered high-risk investments. Although most run on decentralized networks known as blockchains – making them resistant to hacking and tampering – not all are created equally.
