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Cryptocurrency

Cryptocurrencies like Bitcoin are virtual currencies not backed by banks or physical assets. They are exchanged directly between users and recorded securely on blockchain digital ledgers.

Cryptocurrencies like Bitcoin are virtual currencies not backed by banks or physical assets. They are exchanged directly between users and recorded securely on blockchain digital ledgers.

Cryptocurrency Essentials

Frequently Asked Questions (FAQ)

How do you get cryptocurrency?
Any investor can purchase cryptocurrency from popular exchanges such as Coinbase, Binance, or apps like Cash App. Another way is through financial products such as Bitcoin futures, trusts, or ETFs.
What is Bitcoin?
Bitcoin is the first and most popular digital currency, created in 2009 by Satoshi Nakamoto. It is decentralized, reduces transaction costs, and works without control from governments or banks.
What is Ethereum?
Ethereum is a blockchain platform known for its digital currency, Ether (ETH). Unlike Bitcoin’s fixed 21 million supply, Ether has no maximum limit. Ethereum is also widely used for smart contracts and decentralized apps.
How do I buy Ethereum?
To buy Ethereum, you first need to choose a trading platform such as Coinbase, Kraken, Binance, Gemini, or Bitstamp. These exchanges allow you to buy and sell Ether securely.
What is an ICO?
An Initial Coin Offering (ICO) is similar to an IPO in the stock market. Companies raise funds by issuing new digital tokens. While ICOs can offer opportunities, investors should remain cautious about risks and fraud.

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