New to crypto? Start with these guides and explainers
A cryptocurrency is a digital currency that uses cryptography as a means of security.
The distributed ledger that holds cryptocurrency transactions is known as a blockchain.
In order to conduct a transaction on the blockchain, users agree to pay a small fee, which helps maintain the security of the blockchain itself.
These days, cryptocurrency is used by some owners to take care of routine matters such as paying bills. Others use it as collateral to obtain online loans.
Cryptocurrency mining refers to the reward gained from verifying transactions on a blockchain.
Once you have acquired digital currency, you will want to keep it safe in a crypto storage device called a wallet.
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