Cryptocurrency

Cryptocurrencies such as Bitcoin are digital currencies not backed by real assets or tangible securities. They are traded between consenting parties with no broker and tracked on digital ledgers.

Frequently Asked Questions
  • How do you get cryptocurrency?

    Any investor can purchase cryptocurrency from popular crypto exchanges such as Coinbase, apps such as Cash App, or through brokers. Another popular way to invest in cryptocurrencies is through financial derivatives, such as CME's Bitcoin futures, or through other instruments, such as Bitcoin trusts and Bitcoin ETFs.

  • What is Bitcoin?

    Bitcoin is the most well-known digital currency created in January 2009, after the concept was published in a white paper by the mysterious and pseudonymous Satoshi Nakamoto. Bitcoin and cryptocurrencies at large are touted to lower transaction fees when compared to traditional online payment methods, and unlike traditional government-issued currencies, it is operated by a decentralized authority.

  • What is Ethereum?

    Ethereum is a blockchain-based crypto platform that is best known for its digital currency called Ether, or ETH. Ethereum is second in market value only to Bitcoin, according to CoinMarketCap data. While the maximum number of bitcoins in circulation is limited at 21 million, the amount of Ether that can be created is unlimited, which is one of the main differences that investors should know.

  • How do I buy Ethereum

    One of the first steps to buying cryptocurrencies such as Ethereum or Bitcoin is to identify a platform for trading the digital currencies. Some of the top platforms including Coinbase, Kraken, Bitstamp, Gemini, Binance, and Bitfinex, which all offer Ethereum to buy and sell. Ether is also backed by many Fortune 500 companies, spurring investor interest.

  • What is an ICO?

    Investors looking to add new cryptocurrencies to their portfolios often look for an initial coin offering (ICO), the crypto variation on an initial public offering (IPO). Like an IPO, a company seeking to raise money can create a new coin or service to launch an ICO as a way to raise funds. Investors in turn can buy the initial coin offering to own the new token, but should be aware of potential fraud within the industry, which is monitored by the SEC for potential abuse.

Key Terms
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Proof-of-Stake (PoS)
Bitcoin
HODL
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Decentralized Autonomous Organization (DAO)
Altcoins
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Mining Pool Definition
Kraken vs Coinbase
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A bitcoin token on a laptop
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Cryptocurrency ETF Definition
Global financial access
Central Bank Digital Currency (CBDC)
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A collection of physical representations of cryptocurrencies like Bitcoin, Ripple, Ethereum, and Litecoin.
GPU Usage in Cryptocurrency Mining
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Ross Ulbricht
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Digital Money Definition
What is a crypto regulatory sandbox?
A close-up, 3D, multilayered bitcoin sign standing on a golden cube
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Convertible Virtual Currency Definition
Cryptographic Hash Functions Definition
What is a Cryptocurrency Public Ledger?
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What Is a Crypto Airdrop?
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Cardano Definition
Getty Images
How to Invest in Digital Assets
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Top Cryptocurrency Myths
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How to Buy Kishu Inu (KISHU)
Asian man in glasses with a laptop, trading cryptocurrencies
Sushi (SUSHI) Definition
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Storj (STORJ) Definition and Use Cases
High Angle View Of Coins With Ethereum Text On Table
What Is ERC-20 and What Does It Mean for Ethereum?
Tether (USDT)
A visual representation of the digital Cryptocurrency
Gas (Ethereum)
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What Is Ethereum?
What Is Stablecoin?
How Do You Mine Litecoin (LTC)?
How Do I Buy Ethereum?
Ethereum Classic (ETC)
Sh*tcoin
What Is Shitcoin?
Dogecoin
Dogecoin
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Shiba Inu (SHIB)
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What Is Binance Coin (BNB)?
Ripple
What Is OneCoin?
What Is Stellar?
Were There Cryptocurrencies Before Bitcoin?
Ethereum coin representation
What Is Ether? Is It the Same as Ethereum?
What Is Litecoin (LTC)?