What is Cryptocurrency?

Cryptocurrency is a digital asset that is designed to work as a medium of exchange similar to "normal" currencies like the USD. Unlike "normal" currencies, cryptocurrencies are designed to secure the transactions, to control the creation of additional units of the currency, and to verify the exchange of currency units. This is done using encryption techniques.

Created in 2009, Bitcoin was the first decentralized cryptocurrency. Since then, hundreds of cryptocurrencies have been created. These are commonly referred to as Altcoins.

Read more: Introduction to Cryptocurrency

What is a Cryptocurrency Wallet?

Similar to a traditional wallet, a cryptocurrency wallet allows you to store, send, and receive currency. A cryptocurrency wallet, furthermore just called a wallet, consists of a public address and a private key.

Read more: Cryptocurrency Wallets

A mobile cryptocurrency wallet allows you to store and manage your cryptocurrency using your mobile devices.

When deciding on a mobile wallet to use, make sure you select one with a good reputation and that works for the currency that you want to manage. More than likely, you will have use more than one mobile wallet. 

Read more: Cryptocurrency Mobile Wallets

Another good option for keeping your cryptocurrencies safe is something called a paper wallet.

In this post, we will explain how to transfer all those digital coins into a physical paper form using just a printer. One thing to note is that in this guide we’ll be talking about bitcoin. However, the basic concepts apply to any other cryptocurrency; e.g. Etheruem, Litecoin, Ripple, etc.

Read more: Cryptocurrency Paper Wallets

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