What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

How do I buy crypto?

You can purchase crypto through a cryptocurrency exchange or any financial institution that can broker a cryptocurrency transaction. Once you purchase cryptocurrency, you can secure your crypto coins in a digital wallet, online wallet, or hardware wallet. What are the risks of investing in crypto?

How is a cryptocurrency transaction encrypted?

The cryptocurrency transaction is encrypted with your private key and pushed to the blockchain. The cryptocurrency network's miners access your public key to confirm that your private key was used to encrypt the transaction.

Who can use cryptocurrency?

Anyone can use it. Cryptocurrency holds a great value for people who lack access to banks Unlike setting up a bank account, which often requires several layers of identification and documentation, users need only a smartphone or access to the internet to use cryptocurrency. No limits on transactions.