Cryptocurrency for Beginners: Simply the Main Points
Cryptocurrency is digital money that exists only on the internet. Its main feature is decentralization: it is not controlled by the government or banks. All transactions are recorded on the blockchain—a digital database.
Popular Cryptocurrencies
• Bitcoin (BTC) — the first and most well-known.
• Ethereum (ETH) — for payments and creating 'smart contracts'.
• Tether (USDT) — stable, pegged to the dollar.
How to Get Started?
1. Create a wallet — for example, Trust Wallet or MetaMask.
2. Buy cryptocurrency — through exchanges (Binance, Bybit) or exchangers.
3. Store securely — do not share private keys.
What to Do with It?
• Invest.
• Purchase goods and services.
• Send money abroad.
• Participate in crypto projects and NFTs.
Tips for Beginners
• Research information before buying coins.
• Do not invest everything at once.
• Be cautious of scammers.