What is Cryptocurrency and How Does it Work?

Cryptocurrency is a type of digital money that uses encryption for security. Many people know of Bitcoin, a well-known cryptocurrency. These currencies operate without a central authority, meaning they aren’t regulated by banks or governments.

To buy cryptocurrency, you’ll need a digital wallet. This wallet stores your digital coins securely. You can buy crypto on exchanges like Coinbase or Binance. Keep in mind, crypto is known for high volatility, so careful consideration is advised. Understanding crypto can lead to exciting opportunities.