Cryptocurrency for Beginners: Simply the Main Points
Cryptocurrency is digital money that exists only on the internet. Its main feature is decentralization: it is not controlled by the government or banks. All transactions are recorded on the blockchain—a digital database.
Popular Cryptocurrencies • Bitcoin (BTC) — the first and most well-known. • Ethereum (ETH) — for payments and creating 'smart contracts'. • Tether (USDT) — stable, pegged to the dollar.
How to Get Started? 1. Create a wallet — for example, Trust Wallet or MetaMask. 2. Buy cryptocurrency — through exchanges (Binance, Bybit) or exchangers. 3. Store securely — do not share private keys.
What to Do with It? • Invest. • Purchase goods and services. • Send money abroad. • Participate in crypto projects and NFTs.
Tips for Beginners • Research information before buying coins. • Do not invest everything at once. • Be cautious of scammers.