What do you know about crypto?

If you haven't heard of crypto, you clearly haven't been following the news lately. If you're not quite sure what crypto is, or what you should do with it, correspondent David Pogue is here to teach you (just about) everything there is to know about crypto, in nine simple steps: 1. Bitcoin was only the first crypto.

How do crypto exchanges work?

Major crypto exchanges are typically centralized. This means transactions pass through a third party (the exchange itself) before reaching the recipient. This process gives hackers the potential to breach the crypto technology and gain unauthorized access to accounts.

Is crypto ready for the mainstream?

Crypto has some other problems to overcome before it's ready for the mainstream. There are all kinds of scams; the transactions are slow; if you lose your crypto password, you can lose your entire investment; and crypto transactions can bypass the U.S. financial sanctions on Russia.

Which cryptocurrency is best for beginners?

As mentioned above, Bitcoin is the original crypto coin and the best-known form of digital currency out there. If you want to make purchases from online shops that accept crypto, Bitcoin will likely be a payment option. Similarly, Bitcoin has been a popular option for those seeking the best option for cryptocurrency trading for beginners.