You are most welcome to today's tutorial.
I'm so excited that you are actually looking out for my next post.
In our previous tutorial, we've seen the endless possibilities attached to our earned Steem dollars.
Remember, the purpose of this tutorial is to Keep It Simple
In today's tutorial, we are going to get acquited with the world of cryptocurrencies.
What are Cryptocurrencies?
In simple terms, Cryptocurrencies are digital currencies. Unlike fiat currencies, they are not in the form of a paper.
They can be used for buying and selling online.
You can trade one-on-one with anyone in the world using cryptocurrencies.
For instance:
Let's assume you are a graphics designer. With the aid of cryptocurrencies, you can get paid instantly for your product by anyone in any part of the world. Without Cryptos, it's a very long process to get paid.
Examples of cryptocurrencies
The most popular Cryptocurrency right now is Bitcoin, but that won't be for long. With the advent of Steem.
More examples of Cryptocurrencies are Steem, Steem dollars, Ethereum, Eos, Bitshares, Neo, etc
You can see a list of the popular cryptocurrencies here
You can also check out their prices in your local currency here
In our next tutorial, we are going to see how to exchange one cryptocurrency to another.
Before then, I'll appreciate if you leave your thoughts and comments below.
Thanks!