What is crypto?

Crypto or cryptocurrency is a digital currency (coins) based on blockchain technology, which makes it almost impossible to steal and counterfeit. Crypto has value and purchasing power in the same way as regular (fiat) currencies, and in some places, you can even use crypto as payment. However, buying cryptocurrency is still most common as an investment.

What is Bitcoin?

Bitcoin was the first cryptocurrency and is also the most famous currency since its launch in 2009. In recent years several other currencies have gained popularity and market share; Etherium, Cardano, Tether and Litecoin to name a few.

How do I invest in crypto?

If you want to buy crypto, it’s important to gain knowledge on how it works and how to keep your coins safe. Another way to invest in crypto is through a provider. This also spares you from the hassle of handling the keys and wallets and keeping track of information. Instead, the provider will take care of it for a small fee.

What are the risks of investing in crypto?

Crypto is a high-risk form of investment. The rate can rise and fall heavily from one day to another. When investing, there is always a risk that you lose the money you have invested.If you choose to buy the cryptocurrency itself you need to store a key to your coins in a safe place. If your key disappears, you can no longer access your coins. If you choose to invest in crypto through a provider, you will not need to store the key yourself and the provider will manage your investment safely. It is still important to choose a trusted provider.here.