What is Cryptocurrency?

1. Cryptocurrency is valuable digital data which can be owned by any individual, through a keychain (Digital Wallet), and moved peer-to-peer without the need of intermediaries (banks, exchanges), using cryptography for security. 

How do I buy Cryptocurrency?

2. You can buy cryptocurrency through a cryptocurrency exchange or broker. Some popular exchanges include Coinbase.com, Binance.com and Crypto.com. You can also buy cryptocurrency using a credit or debit card, or by transferring funds from your bank account.

What is a Blockchain?

3. A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.

What is Mining?

4. Mining is the process of adding new transactions to the blockchain by solving complex mathematical problems. Miners are rewarded with newly-created coins as well as transaction fees.

What is a Wallet?

5. A wallet is a digital storage device that allows you to securely store, send, and receive cryptocurrency. It can be a hardware device, a software application, or an online service.

Is Cryptocurrency legal?

6. Yes  100% legal ! Some countries, like China , have banned some cryptocurrencies, apart from Bitcoin. The majority of other countries embraced it and even established regulatory frameworks for it.

What is the difference between Bitcoin and Altcoins?

7. Bitcoin is the first and most well-known cryptocurrency. Altcoins, or alternative cryptocurrencies, refer to any other cryptocurrency that is not Bitcoin.

Can I use Cryptocurrency to buy goods and services?

8. Yes, many merchants and online retailers accept cryptocurrency as a form of payment. However, not all merchants accept it, and its use is still not as widespread as traditional currencies.

Is Cryptocurrency a good investment?

9. Like any investment, cryptocurrency carries risks and potential rewards. Its value can be highly volatile and subject to rapid fluctuations. It's important to do your research and understand the risks before investing.

How do I keep my Cryptocurrency safe?

10. You can keep your cryptocurrency safe by using a secure wallet, using two-factor authentication, and keeping your private keys secret. It's also important to be wary of scams and phishing attempts. If you want to purchase the most secure hardware wallet, Ledger, you can visit our link from our Merch & Deals section, so you can get a good deal. Always make sure you buy your hard wallets from the manufacturer's website , never buy from third party sites due to security reasons.