Cryptocurrency, or crypto, is a type of digital money that exists only online. It uses special technology called blockchain to keep transactions secure, transparent, and decentralized—meaning no single person or government controls it. Instead of using banks, people can send and receive crypto directly to one another. Bitcoin was the first and is still the most well-known cryptocurrency. Others like Ethereum, Solana, and Litecoin have different uses and features. Crypto can be used to buy goods, invest, or access certain apps and services online. Its value can go up or down quickly, so it's considered a risky investment. Overall, crypto offers a new way to handle money and data without relying on traditional financial systems.
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