Cryptocurrencies are digital currencies that use cryptography to secure transactions and enable operations without intermediaries such as banks or governments.

Understand how cryptocurrencies work

• Digital: They have no physical form; they exist only electronically.

• Decentralized: They are not controlled by central banks or governments.

• Secure: They use advanced cryptography to protect transactions.

• Global: They can be sent or received anywhere in the world, without border or time restrictions.
  

2. How do they work
Cryptocurrencies operate on a technology called blockchain. This system:

• Works as a public and decentralized ledger of all transactions.

• Each operation is verified by a network of computers (called nodes).

• Once verified, the transaction is permanently recorded on the blockchain.

This prevents fraud, duplication, and counterfeiting.

3. What are cryptocurrencies used for?
They can be used for various purposes:

• Buying products or services from merchants that accept them.

• Sending international remittances quickly and at low cost.

• Investing or as a store of value, as an alternative to traditional currencies.

• Participating in Web3 projects, such as games, DeFi (decentralized finance), or blockchain platforms.
  

4. What are the most popular cryptocurrencies?
Here are some of the most well-known:

• Bitcoin (BTC): The first cryptocurrency, used as a digital store of value.

• Ethereum (ETH): Allows the creation of smart contracts and decentralized applications.

• Tether (USDT): A stablecoin whose value is tied to the U.S. dollar.
  

5. Are they safe?

Yes, but it’s important to follow good security practices:

• Never share your private keys or passwords.

• Enable two-factor authentication (2FA) on all your platforms.

• Only use official websites, such as 👉 www.cryptomkt.com
  

Do you have more questions?
We're here to help you on your crypto journey. Write to us at: soporte@cryptomkt.com