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What is crypto & how does it work?

Cryptocurrency is digital currency that doesn’t require a financial institution like a bank to verify transactions. In recent years it has become a topic of discussion from high profile business people like Elon Musk. Yet, despite the presence of crypto it may seem mysterious. Use this guide to learn about what crypto is and how it works.

What is the global crypto market cap?

The global crypto market cap is $1.09T, a 0.57% increase over the last day. captainaltcoin.com/ftx-credito... Find out how we work by clicking here. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins.

How secure is a cryptocurrency blockchain?

It’s secure because all transactions are vetted by a technology called a blockchain. A cryptocurrency blockchain is similar to a bank’s balance sheet or ledger. Each currency has its own blockchain, which is an ongoing, constantly re-verified record of every single transaction ever made using that currency.

Where can I buy and sell crypto?

There are many specific cryptocurrency exchanges, such as Coinbase, but users can also buy, sell, and store crypto through financial services outlets, such as PayPal. You can purchase crypto with traditional currencies, like the US dollar, and increasingly with ACH (automated clearing house) transfers directly from a bank.

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