- Toshendra Kumar Sharma
- June 05, 2020
Are you looking for cryptocurrency certifications to excel in your career? You have landed on the right page. This article illustrates the concept of cryptocurrency, covering the top three cryptocurrencies, focussing on the best cryptocurrency certification courses of 2020.
Learning Of Blog
- Introduction to the Concept of Cryptocurrency
- Top 3 Cryptocurrencies
- Best Cryptocurrency Certification Courses
- Conclusion
Introduction to the Concept of Cryptocurrency
Cryptocurrency is an online medium to conduct financial transactions that use cryptographical functions to perform money transfer. Cryptocurrencies use the concept of blockchain technology to achieve decentralization, transparency, and immutability. Cryptocurrencies (virtual currencies) can be sent directly between two users through private and public keys. The best part about cryptocurrencies is that their transfers can be done with low processing fees, allowing users to avoid the abrupt fees charged by traditional financial institutions. The most significant feature of cryptocurrency is that any central authority cannot control them. This is due to the decentralized nature of the blockchain that makes them entirely resistant to control and interference.
As blockchain and virtual currencies continue to evolve, the demand for blockchain professionals proficient in the technology increases in parallel. Check out the best blockchain certification courses if you are looking to get a head start to your career in the blockchain space.
Top 3 Cryptocurrencies
Before exploring the best cryptocurrency certification courses, let’s look at the top three cryptocurrencies other than Bitcoin.
Ethereum
Proposed in late 2013 by Vitalik, Ethereum is an open-source, blockchain-based distributed computing platform featuring smart contract functionality. Ether is the cryptocurrency that is generated by the Ethereum as a reward to mining nodes for computations performed. The platform is useful to codify, decentralize, secure, and trade just about anything of value. Ether, launched in 2015, is presently the second-largest digital currency by market cap after bitcoin.
Ripple
Launched in 2012, Ripple(XRP) is a real-time global settlement network that offers instant and low-cost international payments. It enables financial institutions to settle cross-border payments in real-time, with end-to-end transparency at comparatively lower costs. Ripple network doesn’t require mining; thus, it reduces the usage of computing power and minimizes network latency. Ripple is an attractive digital currency among traditional financial institutions looking for ways to transform cross-border payments.
Litcoin
Launched in 2011, Litecoin is one of the popular cryptocurrencies that follows the footprints of Bitcoin. This cryptocurrency is also an open-source global payment network that is not controlled by any central administrator and uses “scrypt” as a Proof-of-Work(PoW), which can be decoded with the help of CPUs of consumer-grade. Unlike Bitcoin, it has a faster block generation rate and offers a quicker transaction validation time.
Best Cryptocurrency Certification Courses
Let’s now focus on the best cryptocurrency certification for professionals.
Certified Cryptocurrency Expert
This certification course provides an advanced level of training that provides you with profuse expertise on cryptocurrencies and digital assets. A cryptocurrency expert is one who has a wide knowledge of the cryptocurrencies and the functioning of the distributed ledger technology. He possesses expert-level knowledge about bitcoin protocols and can develop and integrate applications with the bitcoin network. The training covers all the fundamentals of cryptocurrency, such as the concept blockchain, Initial Coin Offering (ICO), educates how to trade, what to buy, wallets, and much more.
Certified Cryptocurrency Trader
This course is meant for you if you are one of those who wants to know all about trading rules and predicting markets. A Cryptocurrency Trader is a skilled professional who knows in-depth what is a Cryptocurrency and how it works and uses the acquired knowledge to make new utility tokens and Cryptocurrencies. This certification is suitable for beginners and professionals who want to give their career a boost specializing in cryptocurrency trading. This course will help you explore trading in-depth, understand risk management, and trading psychology. Additionally, you will learn about candlestick charts and trading strategies.
Online Degree in Cryptocurrency and Trading
This cryptocurrency certification provides detailed information on cryptocurrencies, blockchain, the technology behind cryptocurrencies, the concept of trading, how to trade, and more deeply. An Online Degree holder works closely with cryptocurrency trading, investments, & crypto consultation. With the help of this course, you will also learn about spotting the current trends and analysis, which will definitely enhance your crypto-trading skills. After completing this Online Degree, you will be able to master the concepts of cryptocurrency & trading that are commonly used across multiple industries to solve large-scale problems.
Conclusion
The advent of cryptocurrencies has taken the world by storm and revolutionized the financial industry. Blockchain Council, a world-class online platform, can give a head start to your career if you are looking for better hiring opportunities in the cryptocurrency domain. It helps you in gaining hands-on industry project experience that you are looking for. These certification courses open the door of opportunities as one can be a Crypto Trader, Crypto Trading Consultant, or a Trading researcher.
To get instant updates about Blockchain Technology and to learn more about online blockchain certifications, check out Blockchain Council.