#Liquidity101

Bitcoin is a cryptocurrency — a digital currency that is cryptographically secured through a decentralized peer-to-peer blockchain network. In fact, it’s the first one to emerge. It can be sent from one user to another without a middle-man, so it is not under the authority of a central bank.

Bitcoin is kept in digital wallets. A wallet consists of a public address the owner can use to receive bitcoins, and a private key acting as a password used to access the wallet.