cryptocurrencyfacts.com Open in urlscan Pro
188.114.96.3  Public Scan

Form analysis
1 forms found in the DOM

GET https://cryptocurrencyfacts.com

<form class="search-form d-flex" role="search" action="https://cryptocurrencyfacts.com" method="get">
  <input type="search" name="s" id="search" class="search-form-input form-control me-2" placeholder="Search" aria-label="Search">
  <button class="search-form-button btn btn-primary" type="submit">Search</button>
</form>

Text Content

CryptoCurrency Facts Menu
 * Exchanges
 * Cryptocurrency News


MENU


CRYPTOCURRENCY FACTS SECTIONS

 * Crypto Referral Codes
   * Crypto Referral Codes, Promo Codes, and Coupons
   * Binance Referral Code DJBLD1Q5 (20% off + 25% with BNB)
   * Gemini Referral Code m778plwu7 ($15 + 25% Off)
   * Bybit Referral Code 20% Off & $30,000
   * GMX Referral Code: CCFacts (10% off)
   * Bitget Referral Code – Save 20% on Fees Plus Get 1,620 USDT
 * Cryptocurrency Basics
   * SegWit and the Lightning Network Explained
   * Bitcoin Basics and Beyond
   * Fungible Tokens Vs. Non-Fungible Tokens
   * What Are Digital Assets and Crypto Assets?
   * How to Use Matic (Polygon Network) – Simple
   * How to Get Bitcoins
   * What is a Smart Contract? – In Simple Terms
   * Using Two-Factor Authentication in Cryptocurrency
   * How Do Bitcoin Transaction Fees Work
   * How to use Fantom (Simple)
   * What is Cryptocurrency?
   * Penny Cryptos
   * What is a Cryptocurrency Token?
   * What Does HODL Mean?
   * When Sending Crypto, Send With High Fees to Ensure the Transaction is Quick
   * What is Crypto Dust?
   * How Does Cryptocurrency Work?
   * Cryptocurrency Resources
   * How to Value Bitcoin and Other Cryptocurrencies
   * Super Simple Bitcoin Explanation
   * Send Crypto Between Coinbase Users via Email to Save on Fees
   * Cryptocurrency Facts
   * Bitcoin Explained
   * Proof of Stake (PoS)
   * A Guide to Holding Crypto – What it Means to “HODL”
   * xRapid Explained
   * How to Set Gas Prices For Ethereum Tokens
   * Proof-of-Work (PoW)
   * How To Create a Custom Token in MyEtherWallet (How to Add a Token)
   * The Basics of Bot Trading in Cryptocurrency
   * What is a DEX?
   * How to Add a Token to An Ethereum Wallet
   * Cryptocurrency Basics
   * How Does Cryptocurrency Work? (for Beginners)
   * Facts About Satoshi Nakamoto
   * What are Confirmations?
   * How is Cryptocurrency Created?
   * Beginners Guide to Mining (Litecoin on a Mac)
   * How to Give Bitcoin (and Other Cryptocurrencies) as a Gift
   * Ask Me Anything About Cryptocurrency
   * Blockstream’s Bitcoin Liquid Network Explained
   * Bitcoin Address Formats
   * What is a Cryptocurrency Wallet?
   * What are “Trading Pairs” in Cryptocurrency?
   * Cryptocurrency For Beginners
   * What is Distributed Ledger Technology (DLT)?
   * Securing Your Crypto Wallet and Crypto Accounts
   * List of Cryptocurrencies
   * Cryptocurrency Transactions Take Time; Waiting is Normal
   * What is a Stable Coin? 
 * Cryptocurrency Forks and Airdrops
   * What is a Cryptocurrency Airdrop?
   * How to Safely Claim Any Cryptocurrency Fork
   * Upcoming Ethereum Forks
   * Transaction Replay and Replay Protection With Hard Forks Explained
   * Understanding Hard Forks in Cryptocurrency
   * Block Number Matters With Crypto Forks
   * How to Get “Forked Coins” From Bitcoin Forks
 * Cryptocurrency Investing and Trading
   * Investing Tip: Try “Coin to Coin” Exchange
   * The Basics of Bot Trading in Cryptocurrency
   * The Difference Between a Bear Market and Bull Market
   * Some Coinbase Pro Pairs are “Limit Only”
   * How to Use Binance Smart Chain if You Can’t Use Binance
   * How to Trade Cryptocurrency – For Beginners
   * Investing Tip: Watch Out for “Pump and Dumps”
   * A List of Cryptocurrency Exchanges For Beginners
   * How to Buy Bitcoin and Other Cryptocurrencies (Simple)
   * New to Crypto? Consider Using the Cash App
   * How to Look at Binance Chain Charts
   * Understanding The Bitcoin Investment Trust (GBTC)
   * TIP: Consider Buying the Token After the ICO
   * HODLing Vs. Trading For New Cryptocurrency Investors
   * What is “Alt Season?”
   * Using Stops and Trailing Stops
   * ETH2 Staking on Coinbase
   * How to Buy into an ICO (Initial Coin Offering)
   * TIP: Watch the Order Book
   * How FA, TA, the News of the Day, and more Work Hand-in-Hand in Crypto
   * How to Short Bitcoin and Other Cryptocurrencies
   * What is Bitcoin Dominance?
   * How to Get the Best APY in Crypto
   * Cryptocurrency and Like-Kind Exchange
   * A Coin Just Had a Big Price Increase, What is the Best Move?
   * Strategies for Investing in Bitcoin and Altcoins
   * The Ethereum Classic Investment Trust (ETCG) Explained
   * The GBTC Premium Explained
   * Where to Margin Trade Crypto in the US (2024)
   * How to Invest in Bitcoin
   * FUD and FOMO Explained
   * Using a IRA or 401(k) to Invest in Cryptocurrency
   * How to Time the Bottom of a Market
   * You Can Buy a Fraction of a Bitcoin
   * List of All Bitcoin ETFs
   * Is Cryptocurrency a Good Investment?
   * Some Tips for Entering the Altcoin Market
   * Tips for Cryptocurrency Trading Bots for Beginners
   * Digital Security Offering (DSOs) and Security Token Offerings (STOs)
   * Using Bollinger Bands For Automated Trading
   * How to Trade Meme Coins on Solana
   * What is a Cryptocurrency Exchange?
   * FIFO Rules and Cryptocurrency
   * Cryptocurrency Investing Starter Kit
   * Is Bitcoin Dead?
   * The Ethereum Trust (ETHE) Explained
   * Market, Limit, & Stop Orders For Cryptocurrency
   * Understanding Technical Analysis in Cryptocurrency
   * The Basics of Chart Analysis and Technical Indicators in Cryptocurrency
   * Will Halving Affect the Price of Bitcoin?
 * Cryptocurrency Mining
   * Will Halving Affect the Price of Bitcoin?
   * Cryptocurrency Staking Basics
   * How Do Bitcoin Transaction Fees Work
   * When Sending Crypto, Send With High Fees to Ensure the Transaction is Quick
   * The Basics of Bitcoin Mining
   * Proof-of-Work (PoW)
   * Beginners Guide to Mining (Litecoin on a Mac)
   * Where Do Bitcoins Come From?
   * ASIC Mining Basics
   * Proof of Stake (PoS)
   * The Basics of Masternodes
   * What is the Cost of Mining a Bitcoin?
   * What are Confirmations?
   * Difficulty Adjustment and the Mining Death Spiral Myth
   * Bitcoin Halving Explained
 * Cryptocurrency Products and Resources
   * How to Send and Receive Cryptocurrency
   * What is Cryzen?
   * MetaMask Explained
   * Lolli
   * MyEtherWallet Explained
   * WeTradeHQ
   * Cryptocurrency Investing Starter Kit
   * Grayscale Digital Large Cap Fund (GDLCF)
   * CoinMarketCap.Com
   * Messari
   * TradingView.com
   * Coinbase Earn
   * Cryptohopper
   * Coinomi
   * Macrotrends.net
   * Etherscan
   * Using Two-Factor Authentication in Cryptocurrency
   * ProShares Bitcoin Strategy ETF (BITO) Explained
   * Coinbase Wallet Explained
   * Rabby
   * Brave Web Browser Explained
   * DeadCoins (Taking a Look at the Cryptocurrency Graveyard)
   * Trezor Hardware Crypto Wallet
   * Beginners Guide to Mining (Litecoin on a Mac)
   * Using Blockchain Explorers
   * How to Trade Cryptocurrency – For Beginners
   * CNBC Crypto Trader
   * How to Buy into an ICO (Initial Coin Offering)
   * How to Use Tippin.me
 * Cryptocurrency Taxes, Rules, and Regulations
   * Is Bitcoin Legal?
   * The Basics of Cryptocurrencies And Taxes
   * Cryptocurrency and Like-Kind Exchange
   * FIFO Rules and Cryptocurrency
   * Cointracking.info Explained
   * The SEC and Cryptocurrency
   * You Can Carryover $3k Worth of Capital Losses Each Year
   * What is KYC / AML?
   * Crypto Tax-Loss Harvesting
   * The Tax Rules for Crypto in the U.S. Simplified
   * Bitcoin, Ethereum, and Others likely Are Commodities But Not Securities
 * Cryptocurrency Technical Analysis
   * Understanding Technical Analysis in Cryptocurrency
   * How FA, TA, the News of the Day, and more Work Hand-in-Hand in Crypto
   * Cryptocurrency Investing Starter Kit
   * The Basics of Chart Analysis and Technical Indicators in Cryptocurrency
   * Market Cycles in Cryptocurrency
   * The Difference Between a Bear Market and Bull Market
   * How to Time the Bottom of a Market
   * StockChart’s Chart School
   * Bull Market vs Bear Market
   * Heikin Ashi Candles
   * The Value and Danger of Following Other Traders
   * What is an S/R Flip?
   * What are Golden Crosses and Death Crosses?
   * Using Bollinger Bands For Automated Trading
   * Using Bitcoin Dominance To Time Alt Season

 * Cryptocurrency Investing

 * Cryptocurrencies
   * Balancer (BAL)
   * Basic Attention Token (BAT)
   * Binance Coin (BNB)
   * Bitcoin (BTC)
   * Bitcoin Cash (BCH) + Bitcoin SV (BSV)
   * Cardano (ADA)
   * Chainlink (LINK)
   * Crypto ETFs / ETNs / Trusts / Funds / etc.
   * Dogecoin (DOGE)
   * EOS
   * Ethereum (ETH)
   * Ethereum Classic (ETC)
   * Fantom (FTM)
   * Kyber (KNC)
   * Litecoin (LTC)
   * Maker (MKR)
   * Monero (XMR)
   * NEO
   * NFTs
   * Orchid (OXT)
   * Polygon (Matic)
   * Ripple (XRP)
   * Stable Coins
   * Stellar Lumens (XLM)
   * Sushi (SUSHI)
   * Tezos (XTZ)
   * Tron (TRX)
   * Uniswap (UNI)
   * Zcash (ZEC)
   * Zero-ex / 0x (ZRX)

Click here for crypto exchange promo codes and discounts.
CryptoCurrency Facts, Myths, Tips, and Tricks


INTRODUCTION TO CRYPTOCURRENCY

Cryptocurrency facts takes a simplified look at digital currencies like Bitcoin
to help explain what cryptocurrency is, how it works, and its implications. On
this site, we cover everything you need to know about:

 * Cryptocurrency basics and the history of digital currencies / digital assets
 * Types of cryptocurrencies like Bitcoin, Ethereum, BNB, Solona, Ripple, and
   stablecoins.
 * Cryptocurrency exchanges/brokers like Coinbase, Coinbase Pro,
   Uniswap, Binance, and Gemini.
 * Trading cryptocurrency and cryptocurrency investing
 * Cryptocurrency transactions, wallets, blockchains, smart contracts, DApps,
   DEXs, forks, airdrops, fees, bots, order types, etc
 * Cryptocurrency mining (including a guide to mining Litecoin in 30 minutes or
   less)
 * Cryptocurrency legality, taxes, rules, and regulations
 * Up-to-date news and opinion regarding cryptocurrency in terms of tech and
   price
 * Tips for seasoned cryptocurrency miners, users, investors, and traders
 * And generally, everything the average person would want to know about digital
   currency / digital assets.

TIP: If you are new to cryptocurrency, check out our guide to cryptocurrency for
beginners for a crash course on the basics. Or, check out our cryptocurrency
investing starter kit.




Welcome to Cryptocurrency Facts.




WHAT IS CRYPTOCURRENCY?

Cryptocurrency is a digital currency that uses encryption (cryptography) to
generate money and verify transactions. Transactions are added to a public
ledger – also called a Transaction Block Chain – and new coins are created
through a process known as mining.

This video discusses Bitcoin, but most of what they talk about here is common
among all cryptocurrencies. We suggest watching this video before moving on as
it gives what we consider to be one of the best explanations of Bitcoin
available on the internet.

As of 2023, cryptocurrency has been used as a decentralized alternative to
traditional fiat currencies (which are usually backed by some central
government), such as the US dollar (USD). Meanwhile, cryptocurrency technology,
including smart contracts and blockchain, has been used for a number of other
purposes, like apps, cloud computing, and more.

For the average person, using cryptocurrency is as easy as:

 * Get a digital wallet to store the currency.
 * Use the wallet to create unique “public addresses” to receive currency.
 * Transfer funds in or out of your wallet using public addresses.

For advanced users, the possibilities are vast.

How do I get cryptocurrency? If you want to get cryptocurrency, you can mine it,
trade goods and services for it, or buy it via brokers and exchanges using
dollars and other cryptocurrencies. Check out Coinbase for a
broker/exchange/wallet solution.

What is a cryptocurrency address?: A public address is a unique string of
characters used to receive cryptocurrency. Each public address has a matching
private address that can be used to prove ownership of the public address. With
Bitcoin, the address is called a Bitcoin address. Think of it as a unique email
address that people can send currency to instead of emails.




THE HISTORY OF CRYPTOCURRENCY

The first decentralized digital cryptocurrency can arguably be traced back to
“bit gold” (not to be confused with Bitgold), which was worked on by Nick Szabo
between 1998 and 2005 but was never implemented.

Although bit gold is widely considered the first precursor to bitcoin,
cryptocurrency pioneer David Chaum’s company DigiCash (a company founded in 1989
that attempted to innovate digital currency), Wei Dai’s b-money (a conceptual
system published in 1998, which Satoshi cites it in the Bitcoin white paper),
and “e-gold” (a centralized digital currency that started in 1996) are all
notable early mentions.



With that history noted, modern digital currency started in 2008 when Satoshi
Nakamoto (an anonymous person and/or group) released a paper detailing what
would become Bitcoin.

Bitcoin became the first decentralized digital coin when it was created in 2008.
It then went public in 2009.

As of 2020, Bitcoin is the most commonly known and used cryptocurrency.
Meanwhile, other coins, including Ethereum (ETH), Ripple (XRP), Litecoin (LTC),
and more are all notable mentions.

Given the popularity of Bitcoin as well as its history, the term “altcoin” is
sometimes used to describe alternative cryptocurrencies to Bitcoin (especially
coins with small market caps).

As of January 2015, there were over 500 different types of cryptocurrencies – or
altcoins – for trade in online markets. However, only 10 of them had market
capitalizations over $10 million.

As of September 2017, there were over 1,100 cryptocurrencies, and the total
market capitalization of all cryptocurrencies reached an all-time high,
surpassing $60 billion! Then, by December 2017, the total market cap reached
$600 billion (a multiple of 10 in only two months).

As of April 2021, there were over 6,700 cryptocurrencies, and the total market
capitalization of all cryptocurrencies reached an all-time high, surpassing $2
trillion!

Today, in 2023, despite ups and downs, the industry keeps growing.

The total amount of coins continues to grow while the market cap ebbs and flows,
but one can clearly see the direction of the trend over time toward more coins
and a higher total market cap.

Although the future is uncertain, cryptocurrency is proving itself to be more
than just a fad. Today, cryptocurrency is shaping up to be a growing market that
(despite the pros and cons) is likely here for the long haul.

On this site, we explore every aspect of cryptocurrency. Simply choose a page
from the menu, visit our “what is cryptocurrency” page for a more detailed
explanation of cryptocurrency, or jump right into the “how cryptocurrency works”
section to start learning about transactions, mining, and public ledgers.

Search


DEALS FOR FREE BTC, HIGH APY, AND TRADING FEE DISCOUNTS

Save 10% on Binance Trading Fees with referral code DJBLD1Q5: Use our referral
link to sign up for Binance and save 20% on trading fees for life. You can also
save an additional 25% by using BNB to trade. See a review of the Binance
referral program.

Get a free month of Coinbase One to protect your account and save on fees:
https://coinbase.com/one?promo=CB1H6SCZT5&referral.

Get $15 when you trade $100, Plus up to 25% off Trading Fees  Gemini Referral
Code Link.

Save 20% on OKX Fees with referral code 69525209.

Get 20% off trading fees at Bybit with referral code NXXG2R. See our Bybit
referral code review.

Save up to 10% on fees at GMX with referral code CCFacts.

Follow CryptocurrencyFacts.com on Binance for exclusive discounts, tips, and
tricks.

Get more crypto referral codes at HowToReferral.com.

NOTE: All referral links are checked regularly. Please see our About page for
details.


RELATED EXCHANGES

 * OKX Exchange and Referral Code
 * Balancer
 * SushiSwap
 * PayPal
 * Uniswap
 * FTX
 * LedgerX
 * Huobi.US
 * Binance.US
 * IDEX


RELATED POSTS

 * Bitcoin Halving Expected 4/20 2024 – But Its More Than A Meme
 * Bitcoin ETFs Approved
 * Bitcoin ETF Decision By January 10th Deadline
 * Jupiter Token Airdrop: How to Claim Tokens and More
 * Kraken and Binance Lawsuits; Settlement Approaches
 * Coinbase Launches Crypto Futures
 * Bankrupt Exchange FTX in Talks with Buyers for a Potential Relaunch
 * Cryptocurrency Exchange Binance Moves to Dismiss CFTC Allegations
 * The Aftermath of FTX’s Collapse: Ripple Effects on the Global Cryptocurrency
   Landscape
 * Coinbase: U.S. Retail Customers Can Now Trade Cryptocurrency Futures


RELATED PAGES

 * How to Trade Meme Coins on Solana
 * Bitget Referral Code – Save 20% on Fees Plus Get 1,620 USDT
 * GMX Referral Code: CCFacts (10% off)
 * List of All Bitcoin ETFs
 * Rabby
 * Cryptocurrency Facts
 * Bybit Referral Code 20% Off & $30,000
 * Gemini Referral Code m778plwu7 ($15 + 25% Off)
 * Binance Referral Code DJBLD1Q5 (20% off + 25% with BNB)
 * What is Crypto Dust?



The content of this website is provided for informational purposes only and
can’t be used as investment advice, legal advice, tax advice, medical advice,
advice on operating heavy machinery, etc. Our site is not officially associated
with any brand or government entity. Any mention of a brand or other trademarked
entity is for the purposes of education, entertainment, or parody. Neither
CryptocurrencyFacts.com nor its parent companies accept responsibility for any
loss, damage, or inconvenience caused as a result of reliance on information
published on or linked to from CryptocurrencyFacts.com. In other words, this is
a website on the internet offering free information about cryptocurrency. This
is not your accountant, lawyer, or fiduciary offering you professional tax,
legal, or investment advice. See our about page, legal and privacy page, and
cookie policy for more disclaimers and information. ₿♦️🦄 🐕 🪨


Coinbase Disclaimer: Personalized reward offer is displayed after account
creation. Limited time offer and while supplies last. Offer available to new
users who have not previously verified their identification. Offer not available
to new users who were referred to Coinbase through the Referral Program or who
have previously opened an account using different contact information. Coinbase
may update the conditions for eligibility at any time, in its sole discretion.
See Terms and Conditions.


© 2024 CryptoCurrency Facts

By continuing to use the site, you agree to the use of cookies. more information
Accept

The cookie settings on this website are set to "allow cookies" to give you the
best browsing experience possible. If you continue to use this website without
changing your cookie settings or you click "Accept" below then you are
consenting to this.

Close