What is crypto? And btc
Cryptocurrency is a digital form of money that exists only on the internet. Unlike traditional money, it is not controlled by any government or bank. Crypto works on a technology called blockchain, which is a secure and transparent digital ledger.
The first and most popular cryptocurrency is Bitcoin (BTC). It was created in 2009. After Bitcoin, many other cryptocurrencies were launched, which are called altcoins, such as Ethereum (ETH), Binance Coin (BNB), and Solana (SOL).
People use cryptocurrency for different purposes:
Investment (buy low, sell high)
Online payments
Sending money across borders with low fees
Decentralized applications (DeFi)
One important thing to understand is that the crypto market is very volatile, which means prices can go up and down very fast. Because of this, beginners should always start with small amounts and learn step by step.
Before investing in any crypto, always do your own research (DYOR) and never invest money that you cannot afford to lose.
Cryptocurrency is still growing, and many people believe it is the future of finance. Learning about crypto today can be very helpful for the future.