- *What is Cryptocurrency?*: Cryptocurrency is a type of digital currency that exists electronically and can be used for quick payments, to avoid transaction fees and for anonymity.
- *How do people use cryptocurrency?*: Cryptocurrency can be used for investments, as it is not backed by any government and its value can change rapidly.
- *How do you get cryptocurrency?*: Cryptocurrency can be bought through an exchange, an app, a website or a cryptocurrency ATM. Some people also earn cryptocurrency through a complex process called “mining.”
- *Where and how do you store cryptocurrency?*: Cryptocurrency is stored in a digital wallet, which can be online, on your computer or on an external hard drive.
- *How to Avoid Cryptocurrency Scams*: Scammers are always finding new ways to steal your money using cryptocurrency. Some ways to avoid these scams include knowing that only scammers demand payment in cryptocurrency, scammers will guarantee profits or big returns and scammers will promise free money.