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Why Virtual Currencies
Sending money should be as easy as sending an email.
How Tellers Work
A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digitally online or from your phone.
Fast and Global
Transactions are propagated nearly instantly in the network and are confirmed in a couple of minutes. Since they happen in a global network of computers they are completely indifferent of your physical location. It doesn‘t matter if I send tokens to my neighbor or to someone on the other side of the world.
Cryptocurrency transactions are irreversible and immutable. The irreversible and immutable features of cryptocurrency means that it is impossible for anyone but the owner of the respective private key to move their digital assets and that transactions cannot be changed once it is recorded on the blockchain.
A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchains to enable users to send and receive digital currency and monitor their balance.