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FAQ Category: general

What cryptocurrency does Overstock accept

In addition to Bitcoin, Overstock works via the ShapeShift exchange to now accepts most of the major altcoins (at the time of this writing, about 40 currencies). Among the major coins acceptable for payments at Overstock include...

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What cryptocurrency means

Cryptocurrency means a digital currency that employs cryptography as its inherent security system. Cryptography is a very complex mathematical equation that makes it nearly impossible to determine the magic secret keys which are...

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What cryptocurrency is

Generally, cryptocurrency is a decentralized digital currency which can be used for purchases and/or can also be exchanged for other digital or traditional (fiat) currencies. As opposed to the case with fiat currency, there...

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What cryptocurrency is measured in photons?

The Photon cryptocurrency, abbreviated as PHO, was released in February 2014 is the cryptocurrency measured in “photons”. (Note that the word “photon” is also the name for a quantum of electromagnetic radiation, which has...

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How cryptocurrency exchanges make money

Centralized exchanges charge fees for transacting in cryptocurrency and for interacting with banks. A common transaction fee can be the “spread” that is charged above the actual value currency to be transferred is one avenue...

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