The Beginner’s Guide To Cryptocurrency And How Teens Can Benefit

A Bitcoin logo is shown at a trading store in Hong Kong. Cryptocurrency is money in digital form that utilizes computer cryptography to secure transactions. Lauren Nash, writing for VOX Atlanta, has written a beginner’s guide for teens – and everyone else – trying to understand virtual currency and how it works.

Kin Cheung / Associated Press

By Lauren Nash

We’ve been been hearing buzzwords like “Bitcoin,” “Ethereum,” and “Coin Exchange” floating around in the news. That’s because the world of cryptocurrency has started to take off and is gaining national attention. You may feel left out because you don’t understand this trend. Don’t worry, this complete beginner’s guide will teach you everything you know.

What Is A Cryptocurrency?

According to Cryptominded, a curated directory of cryptocurrency resources, “Cryptocurrencies have been around for over eight years, and they currently have a market value of around $170 billion.”