What is FIAT currency and what is Cryptocurrency?

FIAT money is a legal tender like the US dollar or Euro that is tied to a government issued currency. FIAT can be used as physical notes or electronic payments using online banking and debit or credit cards. FIAT currency is backed by a central government and its supply is also controlled by the government 

Cryptocurrency is a purely digital asset that is created on and derives value from its native blockchain.  Cryptocurrency is a decentralised asset governed by cryptography and its supply is controlled by an algorithm. Common examples are Litecoin (LTC), Bitcoin (BTC), Ether (ETH).

INX Digital will increase the number of cryptocurrencies available to trade over the coming months. Here is a list of currencies currently available on the platform.

Examples, diagrams, and charts are for illustrative and educational purposes. INX relies on information from various sources believed to be reliable, including from customers and third parties, but cannot guarantee its accuracy or completeness. INX is not engaged in the business of the offer, sale or trading of securities, is not registered with the U.S. Securities and Exchange Commission, and does not provide legal, tax, or investment advice. Cryptocurrency and other digital asset holdings are speculative in nature and involve substantial risk, including the risk of complete loss. Learn more about these risks here.

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