Beginner's Guide to the World of Cryptocurrency

Cryptocurrency, often shortened to "crypto," is a form of digital money that exists only in the virtual world. Unlike the dollars in your bank account, which are backed by a government, cryptocurrencies are decentralized. This means they aren't controlled by any single entity, like a bank or a government. The most famous example is Bitcoin, but there are thousands of different cryptocurrencies, including Ethereum, Ripple, and Litecoin, each with its own unique features. They are secured using a technology called cryptography, making them extremely difficult to counterfeit. All transactions are recorded on a public digital ledger called a blockchain, which is distributed across a vast network of computers, ensuring transparency and that no single person can alter the records.

How to protect yourself in the Crypto Market