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Cryptocurrency Basics

Cryptocurrency Basics

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During this years’ summer, you may have started to hear people and the news talking about the Cryptomarket and Cryptocurrency. These terms may be new to a vast majority of people, but they have actually been around for a few years, pointing back to 2009 with the creation of Bitcoin. The reason you’re hearing about them is due to record highs being posted in May and early June. Bitcoin reached around $3000 per coin, and Ethereum posted a record of $417.21 during June. Just last December one Ethereum coin only cost $6! With these huge gains, more people wanted to invest and reap the same benefits, causing the once little known cryptocurrency world to hit the mainstream. WHAT EXACTLY IS CRYPTOCURRENCY? Simply put cryptocurrency is digital currency. WHERE DO YOU GET THEM? There are two ways to...