What is crypto?

Crypto (cryptocurrency) is a decentralised form of digital currency that operates globally with fast, low-cost transfers. Transactions utilise blockchain technology with both the sender and receiver remaining anonymous. The blockchain functions as a ‘ledger’, so transactions cannot be corrupted and are very reliable.

A huge industry has sprung up around crypto, with many cryptoexchanges popping up to facilitate purchases and exchanges. Some of the biggest and most reliable in the business are (and in no particular order):

•        Bitstamp
•        Gemini
•        Kraken
•        Coinmama
•        Exmo
•        Bitpay
•        Bitpanda
•        CexIO
•        Bitfinex