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Monday, 30 January 2023
How Cryptocurrency ACTUALLY works.

How Cryptocurrency ACTUALLY works.

“How does cryptocurrency work?” we explain. The purpose of this guide is to introduce blockchain and digital currency to newcomers (like Bitcoin).

 
Below, we simplify things to make a complicated system more understandable. To discover more about certain subjects, use the site search, Google search, or the links below. What a new user should be aware of: Using bitcoin is similar to using PayPal or a Debit Card, with the exception that the figures on the screen reflect cryptocurrency rather than dollars. To get started, all a new user has to do is create a Coinbase account or download the Robinhood or Cash App. Users may purchase, sell, send, receive, and store Bitcoin, Bitcoin Cash, Ether, and Litecoin with Coinbase (Coinbase provides an all-in-one wallet, broker, and exchange service making them a one-stop-shop for new users). Users may purchase, sell, transmit, receive, and store Bitcoin using the Cash App.

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