Crypto, short for cryptocurrency, is a type of digital or virtual money that uses cryptography for security. It allows people to send and receive money over the internet without needing a bank or other traditional financial institution.
Key Features of Crypto:
Decentralized – Most cryptocurrencies operate on a blockchain, a public digital ledger distributed across many computers.
Secure – Transactions are encrypted and verified by a network of computers (nodes).
Anonymous or Pseudonymous – Users can often transact without revealing personal information.
Global and Fast – Can be sent anywhere in the world quickly, 24/7.
Popular Cryptocurrencies:
Bitcoin (BTC) – The first and most well-known cryptocurrency.
Ethereum (ETH) – Known for smart contracts and decentralized apps.
Solana, XRP, Cardano, and others – Each has different use cases and technologies.
If you want, I can explain how crypto works, how to use it, or help you pick a wallet.