Is cryptocurrency a 'digital money'?

Cryptocurrency is often described as “digital money.” This description may be true, but it fails to capture what makes cryptocurrency unique and so appealing to many investors. What is cryptocurrency? At its core, cryptocurrency is a system of value.

What are some common crypto terms?

Here are 25 common crypto terms you need to know. Address: An address is a string of characters that functions as a place where individuals can receive, store, or send cryptocurrency. Like a telephone number or zip code, every crypto address is unique. Altcoin: Altcoin means all cryptocurrencies that aren’t Bitcoin (and in some contexts, Ether).

What is crypto staking?

Crypto staking involves using your cryptocurrencies to help verify transactions on a blockchain protocol. Though staking has its risks, it can allow you to grow your crypto holdings without buying more. Many cryptocurrency projects are untested, and blockchain technology in general has yet to gain wide adoption.

What is a cryptocurrency address & how does it work?

These addresses come with private and public keys -- long strings of numbers and letters -- that enable cryptocurrency users to send and receive funds. Private keys allow cryptocurrency to be unlocked and sent. Public keys are publicly available and enable the holder to receive cryptocurrency from any sender.