Crypto Explained Simply

Cryptocurrency (crypto) is digital money you can send and receive online without using a bank.

Instead of being controlled by a government or bank, crypto runs on something called blockchain a public digital record that keeps transactions secure and transparent.

The first and most popular crypto is Bitcoin. It was created in 2009 to allow people send money directly to each other.

Later, Ethereum was created. It does more than send money, it allows apps and smart contracts to run on its network.


Why People Use Crypto

• Fast payments: You can send money globally in minutes.
• Lower fees: No middleman like banks.
• Financial control: You own your money directly.

But Be Careful


Crypto prices can go up and down quickly. Scams also exist, so always do your research before investing.


Final Word


Crypto is simply a new way to move and manage money online. It’s still growing, still evolving and still early.