What is cryptocurrency and how does it work?

What is cryptocurrency and how does it work?


The name of the game when investing into crypto is to hold on and let it accrue value as a hedge against inflation and bad government – not spend it on a coffee at Starbucks, experts advise. Buy your first cryptocurrency — Use the app’s marketplace or swap tool to purchase crypto by entering the ticker symbol — like BTC for Bitcoin or ETH for Ethereum — and follow the prompts to complete the transaction. Choose how to store your crypto — Decide whether you’ll keep your crypto in the exchange, move it to a digital wallet (hot wallet), or store it offline (cold wallet) for extra protection.

Author: Taylor Herzlich


Published at: 2025-04-30 21:45:00

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