#CryptoScamSurge 🪙 Types of Crypto Coins

1. Bitcoin (BTC)

The first and most well-known cryptocurrency.

Created in 2009 by an anonymous person/group called Satoshi Nakamoto.

Often seen as digital gold.

2. Altcoins

Any cryptocurrency other than Bitcoin.

Examples:

Ethereum (ETH): Smart contracts and decentralized apps (DApps).

Ripple (XRP): Focuses on fast, low-cost international payments.

Litecoin (LTC): Faster, lighter version of Bitcoin.

Cardano (ADA): Focuses on sustainability and research-driven development.

3. Stablecoins

Pegged to stable assets like the US dollar.

Examples: USDT (Tether), USDC, DAI.

---

🛠️ What Are Crypto Coins Used For?

Digital payments (buying goods/services online)

Investments (buy low, sell high)

Remittances (sending money across borders)

Smart contracts (self-executing agreements on Ethereum-like networks)

DeFi (Decentralized Finance) apps$BTC