FAQ

1. What is cryptocurrency?

Cryptocurrency is a type of digital currency that uses blockchain technology to secure transactions. It is decentralized, meaning no government or bank controls it.

2. What is Bitcoin?

Bitcoin (BTC) is the first and most popular cryptocurrency, created in 2009 by an anonymous person (or group) called Satoshi Nakamoto.

3. What are Altcoins?

Altcoins are all cryptocurrencies other than Bitcoin, such as Ethereum, Litecoin, Ripple, Solana, and Cardano.

4. Is cryptocurrency safe to invest in?

Crypto is highly volatile and risky, but with proper research and security (like using trusted wallets & exchanges), it can be a good investment. Always remember: Do your own research (DYOR).

5. How do I buy cryptocurrency?

You can buy crypto through popular exchanges like Binance, Coinbase, or Kraken. Create an account, verify your identity (KYC), and deposit funds to buy coins.

6. What is a crypto wallet?

A crypto wallet is a digital tool used to store your cryptocurrencies.

Hot Wallets (online, e.g., MetaMask)
Cold Wallets (offline, e.g., Ledger, Trezor)

7. Can I mine cryptocurrency?

Yes, but it depends on the coin. For example, Bitcoin mining requires powerful hardware (ASICs), while other coins like Ethereum (before upgrade) allowed GPU mining.

8. Is cryptocurrency legal?

Crypto legality depends on your country. Some countries allow it, some regulate it, and a few ban it. Always check your local regulations before investing.

9. How do I keep my crypto safe?

Use secure wallets
Enable 2FA (Two-Factor Authentication)
Never share your private keys
Avoid shady exchanges

10. Is this financial advice?

No 🚫. All information on this site is for educational purposes only. Always do your own research or consult a professional before investing.