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How many types of cryptocurrency and what are they?

Types of Cryptocurrencies


5 type of cryptocurrency is:


1.Prement Transaction coin
2.Infrastructure coin
3.Security coin
4.Privacy coin
5.Utility Token

1.Prement Transaction coin: These coins can complete transactions very quickly. These coins can complete the transaction in a few seconds. For example, Ethereum, Litecoin, Zilliqa, Steller is the most common type of crypto currency. This type of currency future is bright because that's it's main transaction currency. Most of the people using this type of currency everyday.

2.Infrastructure coin: Decentralized applications are created on these currencies. And any new ICO in the market such as ethereum, neo, ultrm coin will come to the market using their platform. As new coins will come to the market through them, their future is very bright. Their platform will be used by industries due to which their prices will increase in the future.

3.Security coin : Example polymath coin. Which is the most famous security coin. These security coins like polymath coin are made by focusing on Ico and cryptocurrency.

Depending on this, these coins will work as security for the ICOs that will come to the market. Also, these coins will work as infrastructure coins. When a big industry comes to the market, they will first invest in these coins so that they have security. Also, the public funds should be secure


4. Privacy coin: Dashcoin, Monero coin, vars this is privacy coin. The price of privacy coin will decrease in the future. Because these coins are used to commit crimes. Because Privacy Coin transactions cannot be trucked. These data will remain private. These coins will not exist in the future to prevent money laundering.


5. Utility Token: Tron, Ciacoin, Bitdegree token, these coins are used to use games, various online courses, cloud. Since there are prime method coins like bitcoin, ethereum, litecoin to do these things, so the price of these coins will decrease in the future. When the price of Bitcoin decreases, the price of utility coins decreases the most, 95% of the price of utility coins decreases. Prement type currencies crash is very low and slow



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