Episode 3:

Types of Crytocurrencies explained

Welcome back to the CMG-auraspace crypto Academy.

Today we will explore the different types of cryptocurrencies and what makes each unique.

First up is Bitcoin - the original and most widely recognized cryptocurrency.

It is often referred to as 'digital gold' because of its limited supply and store-of-value nature.

Next, we have Ethereum which is more than just a cryptocurrency.

It is a platform that allows developers to create Decentralized Applications or dApps - using Smart Contracts.

There are thousands of other cryptocurrencies out there called Altcoins.

Some focus on privacy while others like Stablecoins aim to maintain a consistent value, making them useful for everyday transactions.

Now that you know the different types of cryptocurrencies, stay tuned for our next lesson on how to get started with Crypto.

See you soon