Crypto (Cryptocurrency) – Description:
Cryptocurrency, often called "crypto," is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments (like the dollar or euro), cryptocurrencies are decentralized and typically run on blockchain technology—a distributed ledger that records all transactions across a network of computers. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Crypto allows for peer-to-peer transactions without the need for banks or intermediaries, offering greater privacy, lower fees, and global accessibility. It's used for various purposes, including trading, investing, online payments, and powering decentralized applications (dApps) and smart contracts.