#MetaplanetBTCPurchase Crypto, short for cryptocurrency, is a type of digital or virtual money that uses cryptography for security. Unlike traditional currencies like the dollar or rupee, crypto doesnโt exist in physical form and is decentralized, meaning it's not controlled by any government or bank.
๐ Key Features of Crypto:
Decentralized: Most cryptocurrencies operate on blockchain technology, a public ledger spread across many computers.
Secure: Transactions are encrypted and verified by a network of computers (called nodes).
Global: Can be sent or received anywhere in the world instantly.
Limited Supply: Many cryptocurrencies, like Bitcoin, have a fixed supply which can affect their value.
๐ช Examples of Cryptocurrencies:
Bitcoin (BTC) โ The first and most well-known.
Ethereum (ETH) โ Powers smart contracts and decentralized apps.
Solana (SOL), Binance Coin (BNB), XRP โ Other popular