Transaction

A cryptocurrency transaction is a financial agreement carried out between a buyer and a seller to exchange an asset for payment (bitcoin, altcoin, or any other cryptocurrency token).

The blockchain technology is used to verify and record Bitcoin transactions. It allows buyers and sellers to connect directly, eliminating the need for a middleman, and to prevent double spending. 

Read more on the cryptocurrency and blockchain transaction on Coinidol.com:

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How Gaming and Online Casino Promote the Use and Popularity  of Cryptocurrency
May 19, 2022 at 12:20
News
How Gaming and Online Casino Promote the Use and Popularity of Cryptocurrency
The world of online gambling is growing faster every time. Statistics show that there are an estimated 1 billion online gamers around the world, with the largest numbers found in China, South Korea, and Japan. According to projections, the number of players will reach 1.3 billion in 2025.
Why There is no Profit for Small Bitcoin Miners in 2022
May 16, 2022 at 13:01
News
Why There is no Profit for Small Bitcoin Miners in 2022
Due to the exponential rise of the bitcoin difficulty factor, frustrated bitcoin miners are storming the Ethereum network. According to the Cryptocurrency Mining Index, a large number of miners are shifting their hashing power to the Ethereum blockchain. According to blockchain.com, the current bitcoin difficulty factor is 29.8 trillion.
Shibnobi Lists on P2PB2B
Apr 23, 2022 at 11:11
News
Shibnobi Lists on P2PB2B
Shibnobi: What is it?
4 Countries that Prohibited Cryptocurrency Payments
Apr 01, 2022 at 10:10
News
4 Countries that Prohibited Cryptocurrency Payments
Regardless of the transformation cryptocurrency has introduced in the payment and  transaction industry, digital assets are still facing resistance in some countries. A good number of governments have shown concerns of cryptocurrency threatening their traditional fiat currency,  finance and economy.
Is it Possible to Use Cryptocurrency to Sanction Any Country
Mar 14, 2022 at 09:21
News
Is it Possible to Use Cryptocurrency to Sanction Any Country
Whenever a country is sanctioned, its traditional banking institutions are the number one target. This is the same thing that happened recently with Russia when the EU, NATO, the US and many other democratic countries decided to impose tough economic sanctions for invading Ukraine. Now Washington is considering cryptocurrencies as a possible tool for sanctions against Russia.
How to Profit From Crypto Trades - Without Trading
Feb 14, 2022 at 12:48
News
How to Profit From Crypto Trades - Without Trading
Afraid participating in uncertain markets with high volatility? You just want to safely HODL - but not miss profits from trading either?
Transaction Volume of Visa Cryptocurrency Cards in the First Quarter of 2022 Hit 70% of the Entire 2021 Volume
Jan 29, 2022 at 11:44
News
Transaction Volume of Visa Cryptocurrency Cards in the First Quarter of 2022 Hit 70% of the Entire 2021 Volume
The popularity of cryptocurrency cards is growing rapidly. As reported by Visa, the total transaction volume in the first quarter accounts for 70% of the total volume of 2021. A further increase is expected.
Crypto Newbie: 10 Tips for Securing Cryptocurrency Holdings
Jan 27, 2022 at 12:21
News
Crypto Newbie: 10 Tips for Securing Cryptocurrency Holdings
Beginners in the cryptocurrency industry are often afraid of the risks associated with it. Besides price volatility, the users often face the danger of their wallets being hacked, causing irreparable losses.
Over 6 Billion Rubles Withdrawn from Binance After the Renewed Rumors about Cryptocurrency Ban
Jan 21, 2022 at 10:33
News
Over 6 Billion Rubles Withdrawn from Binance After the Renewed Rumors about Cryptocurrency Ban
An unknown investor withdrew over 6 billion rubles ($83 million) in USDT from one's Binance wallet on January 20. The transaction coincided with the renewed rumors about the ban of cryptocurrencies in Russia and the news about the test of the digital ruble.
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