More and more people are using hardware wallets for their cryptocurrency. But what are they, and what do you need to know?
What are cryptocurrency wallets, and why do you need them? Here’s our starter guide…
While cryptocurrencies may not have any physical presence, they are like any other commodity from fiat currencies through to coal or precious metals: they can be traded for profit, and traded they are. Like the foreign exchange (forex) markets, the cryptocurrency markets see millions and millions of pounds whizzing by at breakneck speeds every day […]
Cryptocurrencies differ from traditional fiat currencies in a number of ways, and knowing exactly what is meant by a ‘coin’ is key to understanding the whole concept.
One of the most confusing aspects of cryptocurrencies is the process of ‘mining’ by which coins like Bitcoin can be conjured out of seemingly thin air. It’s not magic, though, but mathematical science that underpins the technology.
It’s the technology behind the number one cryptocurrency Bitcoin, it’s heralded as the next technological revolution, and it has companies in fields as diverse as cattle farming and artificial intelligence excited – but what, exactly, is the blockchain?
Starter guide: with the cryptocurrency boom well and truly under way, more and more people are looking to join the craze. Read on for the safest and easiest ways to buy Bitcoin and other cryptocurrencies as a UK citizen.