#TradingTypes101
Cryptocurrency is a digital or virtual form of money that uses cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies are decentralized and operate on blockchain technology—a public ledger of all transactions. Bitcoin, created in 2009, was the first and remains the most well-known cryptocurrency. Others include Ethereum, Binance Coin, and Solana. Users can trade, invest, or use crypto for goods and services where accepted. Crypto offers benefits like low transaction fees and fast transfers but also carries risks such as volatility and regulatory uncertainty. It continues to grow as both a financial tool and a technological innovation.