#crypto101 Crypto 101: 10 Quick Facts You Should Know hai uska answer de raha hu crypto market ke bray mai jo apka question hai humne eshmay 10 question ka answer diya hai apko kuch aur jana hai to comment kray follow kray like kray dekhiya esh question mai apka question konsa hai Here's a concise and engaging crypto explainer

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💡 Crypto 101: 10 Quick Facts You Should Know 💰

1️⃣ How many cryptos?

Thousands! Most are small, but big names like Bitcoin & Ethereum lead the market.

2️⃣ Who created Bitcoin?

“Satoshi Nakamoto” launched it in 2009 after publishing a whitepaper in 2008.

3️⃣ What’s Bitcoin & blockchain?

Bitcoin = digital money. Blockchain = public ledger storing all BTC transactions.

4️⃣ What’s Bitcoin mining?

Miners solve puzzles to verify transactions & earn new bitcoins as rewards.

5️⃣ Bitcoin vs NFTs?

Bitcoin is fungible (one equals another). NFTs are unique and non-interchangeable.

6️⃣ Who controls Bitcoin?

No one! It’s open-source. “Bitcoin Core” is the most used software version.

7️⃣ Where to buy BTC?

Use crypto platforms or Bitcoin ETFs (available via registered accounts in Canada).

8️⃣ Is it taxed in Canada?

Yes. Treated like property—profits may be business income or capital gains.

9️⃣ Is it traceable?

Yes. Bitcoin is pseudonymous but all transactions are public on the blockchain.

🔟 What’s a crypto wallet?

It stores your private key. Use cold wallets (offline) for better security.

🔐 Stay smart. Stay secure. Welcome to the world of crypto!

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