Cryptocurrency is a digital or virtual form of currency that uses cryptography for secure transactions and operates independently of a central authority, like a bank or government.
That’s why it’s referred to as ‘decentralised’.
Instead of a central body controlling a cryptocurrency’s ecosystem, a large group collectively works on a decentralised network to ensure all transactions are verified. These people are known as ‘miners’.
A blockchain is a type of technology that records all cryptocurrency transactions across a network of computers. Providing the blockchain is public, anyone can view its transactions.
Cryptocurrencies are volatile assets that can quickly gain or lose value. As with all investing, your capital is at risk and you should only invest what you can afford to lose.
Simply tap on a crypto, hit trade and select buy. Enter the amount you’d like to invest and confirm your order.