#TradingTypes101 *Cryptocurrency* is a type of digital or virtual money that uses *cryptography* for security. It’s not physical like cash and usually operates *decentralized*, meaning it’s not controlled by any government or bank.

Key Features:

- *Digital only*: Exists online, no physical form.

- *Blockchain-based*: Transactions are recorded on a public digital ledger.

- *Decentralized*: Managed by networks of computers (called nodes), not a central authority.

- *Secure*: Uses encryption for safe, verified transactions.

Popular Cryptocurrencies:

- *Bitcoin (BTC)* – the first and most well-known.

- *Ethereum (ETH)* – used for smart contracts.

- *Binance Coin (BNB), Solana (SOL), XRP*, etc.

What it’s used for:

- Buying/selling goods or services (where accepted)

- Investment or trading

- Sending money internationally

- Decentralized finance (DeFi), NFTs, and more

Let me know if you want details on how it works or how to buy/use it.