Good morning

Today I want those who are #nuevos across #Binance the world of #bitcoin to #inversión understand some basic terms

1. #Cryptocurrency

It is a decentralized digital currency that uses blockchain technology to ensure secure transactions. Examples: Bitcoin, Ethereum, Solana.

2. #Blockchain

It is a decentralized digital ledger where all transactions made with cryptocurrencies are stored. It is transparent, secure, and immutable.

3. #Wallet

It is an application or device where you can store, receive, and send your cryptocurrencies. There are hot wallets (connected to the internet) and cold wallets (offline, like USBs).

Did you know these terms?

also about the different currencies:$BTC $ETH $BNB

Currently, there are more than 10,000 cryptocurrencies in circulation (the exact number varies over time because they are constantly created and removed), but only a few have real relevance in the market due to their volume, market capitalization, and use.

Here is a list of the most important and well-known as of today:

1. #Bitcoin (BTC)

The first and most valuable.

Considered "digital gold."

It is used as a store of value and a means of payment.

2. #Ethereum (ETH)

Platform that allows the creation of smart contracts and decentralized applications (dApps).

It is the basis for many tokens, NFTs, and DeFi projects.

3. #Binance Coin (BNB)

Used within the Binance ecosystem, one of the largest exchanges in the world.

It is used to pay fees at a discount and to participate in new projects.