what’s cryptocurrency?

Cryptocurrency is a digital currency that uses encryption for secure transactions and operates independently of a central bank

Cryptocurrency is a digital currency that uses encryption for secure transactions and operates independently of a central bank

Digital currency such as Bitcoin that doesn’t exist in a physical sense such as paper money, coins, gold bars, etc. do.

Crypto’s like digital money, right?  It’s a type of currency that exists only online, like Bitcoin or Ethereum. No physical coins or bills, just codes and transactions on a decentralized ledger (blockchain). People use it for secure, fast transactions, investments, or trades. You into crypto?

Cryptocurrency is a type of digital money that exists only online. It is used to buy, sell, or store value, and it is protected by strong computer security called cryptography.

Unlike normal money:

It is not printed like cash.

It is usually not controlled by one government or bank.