Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies issue their own currencies, often called tokens, and these can be traded specifically for the good or service the company provides. Think of them as arcade chips or casino chips. You will need to exchange real currency for cryptocurrency to access the product or service.
Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.
To buy cryptocurrencies, you will need a “wallet”, an online application that can store your currency. Generally, you create an account on an exchange and can transfer real money to buy cryptocurrencies like Bitcoin or Ethereum.Information access education