What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

What is crypto market cap?

The term “crypto market cap is” short for “cryptocurrency market capitalization”, which is a metric used to determine a cryptocurrency’s relative size and value. You can calculate it simply by multiplying a coin’s current price by the total number of coins in circulation.

What are cryptocurrencies used for?

Like traditional fiat currencies, cryptocurrencies can be used as a medium of exchange. However, the use cases for cryptocurrencies have expanded significantly over the years to include smart contracts, decentralized finance (DeFi), stores of value, governance, and non-fungible tokens (NFTs). How Does Cryptocurrency Work?

Is cryptocurrency a good investment?

Cryptocurrency is both a new kind of digital money and an investment opportunity. Learn the facts behind the different types of crypto products, their benefits, and how they function. Cryptocurrency is digital currency that doesn’t require a financial institution like a bank to verify transactions.