Crypto Jargon Buster: Decoding Common Terms for Newbies

Feeling lost in crypto conversations?

Let's break down some essential terms:

Wallet: Not a physical wallet, but a digital tool to store your crypto securely.

Exchange: A platform where you can buy, sell, and trade cryptocurrencies.

Mining: The process of verifying and adding new transactions to the blockchain (for some cryptos).

Altcoin: Any cryptocurrency other than Bitcoin.

Fiat: Government-issued currency like USD or EUR.

Understanding these terms is your next step to feeling confident in the crypto space!

What other crypto terms confuse you?

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