What is cryptocurrency and how does it work?

Cryptocurrency is decentralized digital money that’s based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 19,000 different cryptocurrencies in circulation. How Does Cryptocurrency Work? A cryptocurrency is a digital, encrypted, and decentralized medium of exchange.

What is the cryptocurrency community?

The cryptocurrency community refers to pre-mining, hidden launches, ICO or extreme rewards for the altcoin founders as a deceptive practice. It can also be used as an inherent part of a cryptocurrency's design. Pre-mining means currency is generated by the currency's founders prior to being released to the public.

What is the difference between stocks and cryptocurrency?

The difference is that cryptocurrency investments are largely speculative. There are no physical assets to own and you’re counting on being able to sell your cryptocurrency for more than what you paid for it. Given how volatile cryptocurrency valuations can be, it can be a riskier investment than stocks. How Many Cryptocurrencies Are There?

Is a cryptocurrency the same as a bitcoin?

Cryptocurrencies are fungible, so any unit of a specific cryptocurrency is basically the same as any other. My one Bitcoin has the same value as your one Bitcoin. » Ready to invest?