What is Cryptocurrency and How Does it Work?

Digital currency uses cryptography to secure transactions. Bitcoin is the most popular example. Cryptocurrencies lack a central bank control, which allows them to be independent from national banks.

To own crypto, a digital wallet is essential. This wallet stores your digital coins securely. You can buy crypto on exchanges like Coinbase or Binance. Remember, cryptocurrency is volatile, so invest only what you can afford to lose. Understanding crypto can lead to exciting opportunities.