What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

What was the first cryptocurrency?

Bitcoin was the first cryptocurrency. Along with the innovative blockchain technology, Bitcoin paved the way for other cryptocurrencies, which aimed to provide services or solve specific problems. How does crypto work? Cryptocurrency transactions are generally sent between peers using cryptocurrency wallets.

How do I buy crypto?

You can purchase crypto through a cryptocurrency exchange or any financial institution that can broker a cryptocurrency transaction. Once you purchase cryptocurrency, you can secure your crypto coins in a digital wallet, online wallet, or hardware wallet. What are the risks of investing in crypto?

Is cryptocurrency still a form of money?

Cryptocurrencies aren't just used as a form of money. They can be used to store contracts between people, and can carry out these contracts automatically. We're still right at the beginning of the cryptocurrency age. Many coins will come and go, and some will become incredibly valuable, while others might drop to zero.