Cryptocurrency got its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The aim of the encryption is to provide security and safety.
When you transact on the Bitcoin network you leave two types of traces. These can be categorized into “what’s on the blockchain” and “what’s not on the blockchain”. The information that is on the blockchain reveals no direct link between your identity and your transactions, but it does reveal information that can link your transactions to each other.
The blockchain does not record a unique user identifier or true geographic location. Wallet IDs can be recreated before and after every transaction. They can also be “washed” by aggregating transactions and re-distributing them through a mixer.
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One amazing feature of crypto coins and tokens is the ability to buy anything you want just like cash! You could buy things online or in a physical store. The options are limitless!
A crypto wallet is very important. This is where all of your coins will be saved. You will be able to receive coins and send coins as well as withdraw to cash.
Are you a developer? You can integrate coins into your apps and websites. Or maybe your interested in accepting crypto on your website.
If your looking to invest right away start by visiting an exchange website. Here you can chose different coins you would like to buy using cash, debit, or ACH. Our favorite is CoinBase.com!
There's so much available information online and maybe with your friends. If you'd like help from us go ahead and send us a message we will be glad to help!
Whatever types of questions you’ll have, feel free to get in touch with us and address them! Also, you can always get in touch with us using this contact button below in order to discuss all the details of any given project.
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