7 TIMES OF CRYPTOCURRENCY
Bitcoin (BTC)
The first and most well-known cryptocurrency, designed as a decentralized digital currency and store of value.
Altcoins
This term refers to any cryptocurrency other than Bitcoin. Altcoins include cryptocurrencies like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many others.
Stablecoins
Cryptocurrencies that are pegged to a stable asset, such as a fiat currency (eg. USD) or a commodity, aiming to maintain a stable value. Examples include Tether (USDT), USD Coin (USDC), and Dai (DAI).
Utility Tokens
These cryptocurrencies serve a specific purpose within a blockchain network, such as accessing services, paying for transaction fees, or participating in decentralized applications (dApps). Examples (BNB) (ETH).
Privacy Coins
Cryptocurrencies that focus on providing enhanced privacy and anonymity for transactions, such as Monero (XMR) and Zcash (ZEC).
Security Tokens
Represent ownership in a real-world asset such as real estate, company shares, or commodities. Security tokens are designed to comply with applicable securities regulations.
Central Bank Digital Currencies (CBDCs)
Digital currencies issued and regulated by central banks. CBDCs aim to provide the benefits of digital currency while maintaining the control and stability of a central authority.
Governance Tokens
Tokens that grant holders voting rights and decision-making power within a decentralized network or platform. These tokens enable participants to influence the development and governance of the network