Discover the world of Bitcoin, Ethereum, and other cryptocurrencies.

Here, you will learn everything you need to know about cryptocurrencies.

Cryptocurrencies are based on blockchain technology. The blockchain is essentially a public digital register that stores all transactions securely and transparently. Anyone can view the transactions on the blockchain, but the parties involved remain pseudonymous. This transparency creates trust and the technology ensures that no one can manipulate the blockchain.

Bitcoin is the first digital currency, which was introduced in 2009. It is decentralized, which means that no one has control over it. The total supply is limited to 21 million coins. This is why Bitcoin is often referred to as digital gold and used as a hedge against inflation.

In addition to Bitcoin, there are now countless other cryptocurrencies and projects, all of which are referred to as altcoins. Altcoins offer various functions and features, such as faster transactions, scalability or innovative technologies. Well-known altcoins are Ethereum, Ripple, Litecoin and Dogecoin.

Cryptocurrencies can be purchased in various ways, for example via crypto exchanges, cryptocurrency vending machines or Cryptonow gift cards. It is important to thoroughly research the risks and opportunities before making a purchase. Once purchased, you should keep the cryptocurrency safe to avoid loss or theft.

To store your cryptocurrencies securely, you need a wallet, i.e. a digital purse. There are two types of wallets: custodial and non-custodial. Custodial wallets are convenient but less secure, as a third-party provider manages your private keys. Non-custodial wallets are more secure as you have control over the private keys, but you are fully responsible for securing them.

Cryptocurrencies offer the potential for high returns, independence from traditional currencies and the opportunity to participate in the digital future of money. However, there are also risks, such as significant price fluctuations. It is important to research both the opportunities and the risks before investing in cryptocurrencies.