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What is crypto and 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 to invest in 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?

Is crypto controlled by the government?

Cryptocurrencies are usually not issued or controlled by any government or other central authority. They’re managed by peer-to-peer networks of computers running free, open-source software. Generally, anyone who wants to participate is able to. If a bank or government isn’t involved, how is crypto secure?

Is cryptocurrency a form of money?

Cryptocurrencies aren't just used as a form of money. They can be used to store contracts between people, and can carry out these contracts automatically. We're still right at the beginning of the cryptocurrency age. Many coins will come and go, and some will become incredibly valuable, while others might drop to zero.

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