Followers

Tuesday, 5 August 2025

Types of cryptocurrency - crypto Lesson 3

in the previous lesson, we learned what cryptocurrency is and how it works. Now, let's explore the different types of cryptocurrency and what they are used for. The are thousands of cryptocurrencies today.But most of them fall under a few main categories: 🪙 1.Bitcoin (BTC) .The first and most popular. cryptocurrency. .Used mainly as digital money and store of value. .many people call it "digital gold". 💻 2.Ethereum (ETH) .Not just a currency, but a platform for building apos(called decentralized apps or dApps). .It introduced something called samart contracts - self-running agreement that don't need middleman. 🪙 3. Stablecoins (e.g.,USDT,USDC,BUSD) .These are coins tied to real-world assets Like the US Dollar. .Their value stays stable (1 coin = $1). .Used for saving.transferring money,and trading safly. 🚀 4. Altcoins(Alternative coins) .All other coins besides Bitcoin. . Example: . Solana(SOL): Fast and cheap transactions. .Cardano (ADA):Eco

No comments:

Post a Comment