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Virtual currency is a technology that helps in processing payments.
Virtual currencies are a different beast, even though they are digital by definition. Bitcoin, the world's most popular virtual currency, dropped from a high of $265 to a low of $156 in a the french city of nantes has plans to introduce its own virtual currency as a complement to the euro. Moreover, such prime authorities as securities and exchange. Virtual currency platform for trading and payments. Coinify is a secure online platform that offers an easy way to buy and sell virtual currencies. Virtual currencies such as bitcoin represent an innovation in financial services products and technology that has the potential to support more efficient and transparent global commerce. It can be regulated or unregulated. Digital currency and virtual coin are two. It can be used to pay for goods and services between an unspecified large number of people and companies over the internet, and can also be converted to. − in some environments, it operates like 'real' currency. While remaining rather illusive, virtual currencies have been broadly noted by both, legislative authorities and practitioners. Examples are frequent flyer programs by various airlines. The emergence of cryptocurrencies or virtual currencies took place in 2009 and each day have a greater number of users and followers, so it seems that they came to the economic landscape to stay.
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It can be stored in various devices such as wallets or on cloud.
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