$ETH "Crypto" usually refers to cryptocurrency, which is a type of digital or virtual currency that uses cryptography for security. The most well-known examples are Bitcoin, Ethereum, and Solana.

Here’s a quick breakdown:

Decentralized: Unlike traditional money issued by governments, most cryptocurrencies are decentralized and run on blockchain technology—a distributed ledger that records all transactions.

Peer-to-peer: You can send and receive crypto directly without banks or intermediaries.

Secure and Transparent: Transactions are secured with cryptography and visible to everyone on the blockchain.

Volatile: Crypto prices can change rapidly, so it's known for big ups and downs.

People use it for investments, transferring money globally, and even for buying goods and services in some places.

Want a simple example of how it works or are you curious about investing in it?