What is crypto and 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.

How to invest in 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 a form of payment?

Although cryptocurrency is defined as a form of “digital currency”—implying it’s a kind of money—most businesses and consumers have not adopted it as a common medium of exchange. In other words, most stores will not accept crypto as a form of payment.

What is the difference between Fiat and crypto?

Immutable: Unlike transactions involving fiat currencies, all completed crypto transactions are permanent and final. It is virtually impossible to reverse crypto transactions once they have been added to the ledger. What puts the ‘crypto’ in cryptocurrency?