#NFPCryptoImpact

GUIDE:

Table of Contents

WHAT IS CRYPTOCURRENCY? A BEGINNER'S GUIDE

WHAT IS CRYPTOCURRENCY?

A BEGINNER'S GUIDE

Join now

Beginners•8 min

Crypto

Cryptocurrency is a digital or virtual currency based on a distributed network, called a blockchain. Cryptocurrency transactions are secured using cryptography, an encryption technique that ensures only the sender of a cryptoasset and its intended recipient can access it.

Cryptocurrencies are not issued by a central authority in the same way that fiat currencies are. Instead, crypto uses a decentralised system to record transactions and issue new units. Crypto utilises a peer-to-peer system, meaning anyone in the world can send and receive payments, as long as they have access to the Internet.

We explain the basics of cryptocurrencies and the crypto market to better prepare new investors who might be interested in this controversial emerging technology. Discover what crypto mining is, learn about some of the different types of cryptocurrencies and how to buy crypto.