What is Cryptocurrency and How Does it Work?

Digital currency uses cryptography to secure transactions. The most well-known cryptocurrency is Bitcoin. Cryptocurrencies lack a central bank control, making them free from government control. Purchasing requires a crypto wallet. This wallet stores your digital coins securely. Exchanges like Binance and Kraken offer various cryptocurrencies. Keep in mind, crypto is known for high volatility, so invest only what you can afford to lose. Understanding crypto can lead to exciting opportunities.