CRYPTOCURRENCY EXPLAINED - FULL GUIDE (35 pages PDF)

Cryptocurrency is a digital form of payment that can be exchanged for goods or services, similar to traditional money (government-issued currency). Many companies have created their own tokens, which can be used to trade for their specific products or services. As a result, there are thousands of cryptocurrencies available—nearly 7,000, according to CoinMarketCap.com, a market research website.

According to Investopedia.com, the "crypto" in cryptocurrency refers to "complex cryptography that enables the creation and processing of digital currencies and their transactions across decentralized systems."

Cryptocurrencies are typically created by teams who design various mechanisms for issuing them, usually based on the decentralized system they use. These digital currencies operate using blockchain technology, a decentralized system spread across many computers that records and manages transactions. Blockchain is highly secure because it's not stored in one central location, and once a transaction is added to the chain, it is permanently recorded.

Entrepreneurs are increasingly using cryptocurrency to grow their businesses and boost profits. In fact, with cryptocurrencies being both investment opportunities and new financial instruments, there’s never been a better time to get started!

Are you ready to explore the exciting and profitable world of cryptocurrency and blockchain?

Let’s dive in!