What is cryptocurrency (in plain English)?
Crypto is digital money you can send online without a bank in the middle.
Crypto runs on a blockchain, which is a public record that tracks transactions instead of a bank or government.
In plain terms:
- Digital-only: no physical cash
- Direct: you can send it to other people without a bank
- Blockchain-based: transactions are recorded and hard to change
Examples: Bitcoin (BTC), Ethereum (ETH)
Common mistake:
Thinking crypto works like Venmo or a bank transfer — it doesn’t have a “undo” button.
Next step:
👉 Learn how to Buy or Receive crypto