🪙 Short Knowledge of the Crypto Market
The crypto market is the worldwide, 24/7 ecosystem for the buying, selling, and trading of cryptocurrencies and other digital assets, primarily powered by blockchain technology.
🧱 Core Components
Cryptocurrency: A digital or virtual currency secured by cryptography. Unlike traditional fiat money, it is typically decentralized, meaning no single entity (like a central bank) controls it.
Blockchain: The fundamental technology. It is a distributed ledger that records transactions across many computers, making the data virtually immutable and transparent.
Exchanges: Platforms where crypto is traded.
Centralized Exchanges (CEX): Platforms like Coinbase or Binance that act as a middleman, similar to a traditional stock brokerage.
Decentralized Exchanges (DEX): Peer-to-peer platforms where trades happen directly on the blockchain via smart con$BTC tracts.#BTCVSGOLD
