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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
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