What is cryptocurrency for a beginner?

What is cryptocurrency for a beginner?

In simple words, cryptocurrency is typically decentralised digital currency designed to be used over the internet (digitally). As it has gained popularity and belief of people over the years, its transactions are highly encrypted, making the exchanges extremely secure. Unlike traditional currencies, which are controlled and managed by a central authority, cryptocurrency is decentralised in nature. A crypto is finite in number and at times equated to highly valuable metals such as gold and silver. Cryptocurrencies have proven to be one of the best investment types over the years, despite many ups and downs in the global market. It is also true and individuals looking out to invest in it must be mindful that saturated tokens can wipe out your savings overnight. So as a beginner you need to figure …
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