#MyStrategyEvolution "Crypto" or "Cryptocurrency" is generally used to refer to cryptocurrency.
What is Cryptocurrency?
Cryptocurrency is a digital or virtual currency that is secured using cryptography. It is not issued by any government or central bank, but rather is managed through a technology called blockchain.
Some popular cryptocurrencies:
Bitcoin (BTC) – The first and most well-known cryptocurrency
Ethereum (ETH) – Famous for smart contracts
Binance Coin (BNB)
Solana (SOL)
Ripple (XRP)
Features of cryptocurrency:
Decentralized – Not controlled by any single authority
Digital – Transactions occur only online
Limited supply (for example, there will be a total of 21 million Bitcoin coins)
Uses:
Buying goods or services online
Investing
Facilitating international money transactions easily
Use in NFT or Web3 projects
Risk