🧠 5 concepts that every beginner in crypto should know (and no one explains well)
Entering the crypto world can be confusing. Here are 5 essential terms you need to understand from the start:
1. Wallet:
Your tool for storing and using cryptocurrencies. It can be an app like MetaMask, Phantom, or Trust Wallet.
2. Token:
It's like a digital "coin." There are tokens with their own network (like Bitcoin or Ethereum) and others that exist within another network (like GRASS on Solana).
3. Gas fees:
It's the "toll" you pay to make transactions on a blockchain network. In Solana, it's hardly noticeable. In Ethereum, it can be expensive.
4. DeFi:
Decentralized finance. Platforms that allow you to earn, borrow, or exchange crypto without banks or intermediaries.
5. Airdrop:
Free rewards for using a service, signing up, or being part of a crypto community. Like the one for GRASS!
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💡 Learn these concepts and you'll be well ahead of 90% of new users.
