#GENIUSActPass Crypto, short for cryptocurrency, is a type of digital money that operates on a technology called blockchain. Unlike traditional currencies like the dollar or rupee, crypto is:

๐Ÿ” Decentralized

Itโ€™s not controlled by any government or bank. Instead, itโ€™s managed by a network of computers.

๐Ÿ“œ Blockchain-based

All transactions are recorded on a public ledger called the blockchain, making it transparent and hard to change.

๐Ÿšซ No physical form

You canโ€™t touch crypto like cash or coins. It exists only online.

---

๐Ÿ”‘ Examples of popular cryptocurrencies:

Bitcoin (BTC) โ€“ The first and most well-known.

Ethereum (ETH) โ€“ Used for smart contracts and apps.

Binance Coin (BNB) โ€“ Used on the Binance exchange.

---

โš™๏ธ What can you do with crypto?

Buy and sell goods/services

Invest and trade for profit

Play blockchain games (GameFi)

Send money globally, fast and cheap

Want a simple 100-word summary or want to learn how to use crypto?