What is cryptocurrency and where to check the status

1 min. readlast update: 11.13.2023

DESCRIPTION: Cryptocurrency is a digital or virtual form of currency that uses cryptography for secure transactions and to control the creation of new units. It operates on decentralized technology, typically a blockchain, allowing for secure and transparent peer-to-peer transactions without the need for intermediaries like banks.

POSSIBLE REASON : In case you would like to check the status of your crypto currency transaction 

RESOLUTION STEPS: Where to check the Cryptocurrency status of the transaction: 

1) BTC: https://www.blockchain.com/explorer

2) ETH, USDC erc20, USDT erc20: https://etherscan.io/

3) LTC: https://live.blockcypher.com/ltc/

4) USDT trc20: https://tronscan.org/

Supported cryptocurrencies on Deriv crypto accounts

  • Bitcoin (BTC) 
  • Litecoin (LTC)
  • Ethereum (ETH)
  • USD Coin ERC20 (USDC)
  • Tether USDT ERC20 (eUSDT Deriv account)
  • Tether USDT TRC20 (tUSDT Deriv account)

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