knowledge What is the difference between digital currency and cryptocurrency?

[Arslan Ch 2163]

You explained it really well dear and it is good information to sort out this confusion of many members.Simple we can explain the difference between these two as Digital currency has no physical existence and based on blockchain method and transfer online and Cryptocurrency is also same and is a type of Digital currency so it means Digital currency is broad term and cryptocurrency is just a part of it.

[Malik9532 1276]

Thanks for sharing your experience with everyone in this forum my friend and your topic is very helpful and informative for everyone for getting knowledge about digital curnessy and crypto  curnessy  .I am very thankful to you creating this topic because i get more knowledge from your topic .

[Mhdnaj 6]

Yes we are using money digitally like net banking, google pay etc but you give the difference between digital money and crypto currency. Crypto currency is entirely different from the normal currency and it is secured and highly reliable.

[Leoresurrected 214]

wow friend, what an excellent publication, the truth is very good explanation I really like how you master this topic actually this type of information helps me a lot, I don't know if you are an expert in crypto but thank you very much, that's why I prefer cryptocurrencies although they are a little more complex to understand I am passionate about working with cryptos.

[scorpiali 5626]

The crypto currency is encrypted first and you can use them only in the internet no where but the digital currency is s real currency but they have a second way to use is in the internet like usd euros  and all fiat currency 

[Amelia1971 1338]

Hello, digital currencies are the support that banks like the euro and digital yuan have. It is a digital form of central bank money that differs from balances in traditional reserves, unlike cryptocurrencies such as bitcoin and ethereum. currencies promise less volatility and greater security and cryptocurrency is not currency or physical bills, everything is online.

[Alan Johns 258]

You have explained it really well and briefly about the difference between the two terms as people are confused about it and mixup it. Digital currency is a broader term and Cryptocurrency is just a type of it so we need to understand it Cryptocurrency is based on blockchain method and cryptography that is a different phenomenon.

[kaliphatesani 111]

They are basically the same thing. Cryptocurrencies are also a form of digital currencies which means they are basically the same thing. Although fiat might be used electronically but the currency itself is not digital.

 

[Siam50 923]

Dear friends, there is not much difference between digital currency and cryptocurrency currency.  Cryptocurrency is an online currency that has no existence.  Its transactions on the Internet are limited.  Currently, cryptocurrency is a common and very popular currency in many countries of the world.  Digital currency is a currency used online that is easily traded online.  It has huge advantages, is in demand at present and is good.

[Jasmin123 698]

I think there is not much difference between both of them but these days both are  very valuable cryptocurrency and digital currency and cryptocurrency is also a digital currency and we use cryptocurrency for several processor both are unstable currencies and  we use them for running  our business.

[Biba24 809]

It is true that there are many people who do not differentiate between cryptocurrencies and digital currencies until we know how to deal with them.

[Crypto Eng. 1142]

I do not have accurate information, but I believe that digital currencies have more legitimacy than cryptocurrencies, as they are affiliated with government agencies, such as the digital yuan and the digital euro.

[Adam786 560]

Thank you very much for sharing this valuable and knowledgeable information about the difference between digital currency and the cryptocyrrency. I hope your post will be very helpful to understand the difference between them but I think there is no big difference between the cryptocyrrency and digital currency. But cryptocyrrency has more value and demand in the crypto world due to big volatility in the prices because everyone can get good profit by the investment and trading of cryptocyrrency.

[Mary777 881]

Thank you very much, my friend, for this useful information that explains the difference between cryptocurrencies and digital currencies
  Every day we get useful information here on this amazing forum

[Fahad789 241]

I am impressed with your amazing post

Thanks for sharing such an informative post with all of us on this platform 

This post will definitely increases our knowledge 

You have post here quality post that is complete wonderful 

I love this post

Your post will be helpful to understand digital currency and crypto currency 

[Umair32 49]

Thank you dear for sharing your post about the difference between digital currency and crypto currency. It is Informative post for all the people on this platform. But in my opinion crypto currency is much better than digital currency because it gives us more profit then digital currency and it don't have any type of tax like digital currency.

[Mohammadnour 1372]

I did not know this information before, even I thought that digital currencies and cryptocurrencies are one thing, but through your topic I now understand that, so cryptocurrencies are more reliable and safe than digital currencies, it is very important to know the thing that we are dealing with, So thank you for this topic

[Ses93 1624]

Do well, this topic is important to know, especially for beginners. Most think that the term digital currency is the same as the cryptocurrency, so it is important to know the difference between them and distinguish the characteristics of each.

[abohasnn9 2401]

My friend, both things are the same, they both work in a binary counting system, and this is called the digital, they deal with zero, and the one that is the basis of counting digital counting systems. I encryption is a method that uses a hex number system to completely encode a currency. Thank you very much

[Mhmmad1 1121]

Thank you dear friend for this information is good and we that know the difference between these currencies without any effort or fatigue and provide time to search for.

[CryptoLegendry 505]

11 minutes ago, abohasnn9 said:

My friend, both things are the same, they both work in a binary counting system, and this is called the digital, they deal with zero, and the one that is the basis of counting digital counting systems. I encryption is a method that uses a hex number system to completely encode a currency. Thank you very much

Yes, I agree with you that it is possible that both depend on the programming language (1, 0)
but certainly there are fundamental differences between digital currencies and cryptocurrencies!
As our friend Emma William said, digital currencies are centralized, meaning they belong to a country!
But cryptocurrencies are decentralized currencies, meaning that they do not belong to any country, but rather they are present and available to all parts of the world!

[Junaid97531 8]

We can use digital currency anywhere in the world. But cryptocurrency has not yet been adopted by many countries.  So cryptocurrency is not usable everywhere.  However, cryptocurrency will soon become a digital currency.

[NaveedAhmad786 842]

Thanks for the share this good information. I have no knowledge about this difference.  I consider that is same. But it is different. I think it is difficult to understand it.

[Robin Hood 786 137]

This world progressing contnuesly. Many new technologies are devoleped. Digital currencies and cryptocurrencies are the best progress of the world. We can earn money from them easily by remaining at home. We can get good profit from their trading. 

[amar273 494]

Thank you, my friend, for this clarification, according to what I understood from you that the digital currency is the currency used in banks and in the ordinary fields of life, but it is in the form of numbers, but the encrypted currency is a group of currencies encrypted with a special system