What is Bitcoin and cryptocurrency?

Imagine you have a special piggy bank that is not under your bed but exists on the Internet. The money in this piggy bank is called Bitcoin or cryptocurrency.

Cryptocurrency is a digital currency that is not issued by any government or financial institution, but is created and managed through a technology called blockchain.

How to use cryptocurrency?

Using cryptocurrency is as simple as using other types of currency. You can follow the steps below:

Create a wallet: First, you need a digital wallet to store your cryptocurrency. This wallet can be in software or hardware form.

Buy cryptocurrency: You can buy cryptocurrency through an exchange or directly from someone who has cryptocurrency.

Send and receive: You can send and receive cryptocurrency through your wallet as easily as sending an email.

Trade: You can use cryptocurrency to buy goods and services, or trade with other cryptocurrencies.

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