# WHAT IS A CRYPTO CURRENCY

**Published by:** [Phantom](https://paragraph.com/@phantom-2/)
**Published on:** 2024-01-13
**URL:** https://paragraph.com/@phantom-2/what-is-a-crypto-currency

## Content

What are Cryptocurrencies? Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system. Cryptocurrencies have no legislated or intrinsic value; they are simply worth what people are willing to pay for them in the market. $$$$

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