What is Crypto?

Unsure if crypto is for you? 🤔 Let’s learn the basics!

Cryptocurrencies are a digital form of money protected by encryption 💻

Crypto is decentralized 👩‍💻, meaning no one officially controls it!

Not even the government 👮🏻‍♂️or an individual bank

You probably can’t buy a donut at your local bakery with crypto ❌🍩

That’s because crypto is mostly for investing in, just like a stock! 📈

Cryptocurrencies like “Bitcoin” went viral for reaching insane prices 🤑

Crypto prices move up and down a lot!

So, you could lose or gain a lot of money.

Since you can’t predict the next price jump, crypto can be treated as a way to diversify your portfolio in the long term 🧠

There are 5 super popular cryptos: Bitcoin, Ethereum, Avalanche, Solana and Bitcoin Cash 👀

All of these are offered on Bloom 😊

Next, we’ll learn more about the tech that powers crypto and each crypto token 😁

Test your knowledge

What is crypto?

Choose an option

Crypto is. . .

Choose an option

Crypto is mainly used for

Choose an option

What's next?

Featured Lessons