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Demystifying Crypto for Kiwis
We believe that everyone deserves the opportunity to participate in the digital economy, without feeling overwhelmed by technical jargon or complex concepts. That's why we're committed to providing clear, concise information and practical advice for Kiwis at every stage of their crypto journey.
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Cryptocurrency Faqs
What Is Cryptocurrency?
Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralised, meaning it's not controlled by any government or financial institution.
How Do I Buy Cryptocurrency?
You can buy cryptocurrency through online exchanges, brokerages, or directly from other individuals. Always ensure you're using a reputable and secure platform.
What Is The Difference Between Bitcoin & Other Cryptocurrencies?
Bitcoin is the first and most well-known cryptocurrency. Other cryptocurrencies, known as altcoins, offer different features, technologies, or use cases. Each has its own unique characteristics and potential applications.
What Is Blockchain Technology?
Blockchain technology is a distributed ledger system that records transactions across a network of computers, ensuring security, transparency, and immutability of data.
Is Cryptocurrency Secure?
Cryptocurrency transactions are secure due to advanced cryptography. However, the security of your assets depends on how you store them. Always use reputable exchanges, wallets, and follow best security practices.
Can I Use Cryptocurrency For Everyday Purchases?
While cryptocurrency can be used for purchases, its volatility and acceptance vary. Some businesses accept cryptocurrency, but it's not yet widely adopted for everyday transactions.
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