Assetise
Crypto

Cryptocurrencies are decentralized digital assets that operate on blockchain technology. They enable secure, pseudonymous transactions without the need for intermediaries like banks. Bitcoin was the first cryptocurrency, and there are now thousands of different cryptocurrencies with various purposes and features.

Blockchain technology is the foundation of cryptocurrencies. It consists of a chain of blocks, each containing a list of transactions. Once a block is added to the chain, it cannot be altered, ensuring data integrity and security. This technology has applications beyond cryptocurrencies, including supply chain management, voting systems, and more.

To buy cryptocurrencies, first hover over markets at the top menu of our website then, click on ‘Crypto’ from the drop-down menu that subsequently appears. Create an account, complete the verification process, deposit funds using your preferred payment method (bank transfer, credit card, etc.), and then place buy orders for the cryptocurrencies you want. Make sure to store your cryptocurrencies in a secure wallet.

A wallet is essential for securely storing and managing your cryptocurrencies. It doesn’t hold the actual coins but your private keys that provide access to your holdings on the blockchain. Hardware wallets offer offline storage for enhanced security, while software wallets can be online or offline, offering different levels of convenience and risk.

Bitcoin is the first and most well-known cryptocurrency, while altcoins refer to all other cryptocurrencies except Bitcoin. Bitcoin was created by an unknown person or group using the pseudonym Satoshi Nakamoto and introduced in 2009 as a peer-to-peer electronic cash system. Altcoins are alternative cryptocurrencies, each with unique features and use cases. While Bitcoin is often considered digital gold or a store of value, altcoins serve various purposes, such as smart contracts, privacy, and utility tokens.

Yes, cryptocurrency investing is risky. The value of cryptocurrencies can be highly volatile, leading to significant price fluctuations within short periods.
Cryptocurrency markets are known for their volatility. While they offer substantial profit potential, they also carry a higher risk of loss. It’s crucial to conduct thorough research, diversify your portfolio, and only invest what you can afford to lose. Cryptocurrency investing requires careful consideration of your risk tolerance and market knowledge.