What are digital currencies?

Digital currencies are electronic assets used online, such as Bitcoin (BTC) and Ethereum (ETH). They often rely on a technology called blockchain, which is a distributed digital ledger that records transactions transparently and is difficult to alter.

Crypto can be used to transfer between people, trade, or access services and applications built on the blockchain. Assets are managed through digital wallets, so it’s necessary to protect the password and the recovery phrase and not share them with anyone.

Despite the technical opportunities offered by the field, prices remain volatile and may change quickly. Therefore, it’s best to start by learning, verifying projects before dealing with them, and not using money you need for your essential expenses.

This content is for educational purposes only and not investment advice.

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