Crypto is a form of digital currency, which is an alternative form of payment created using encryption algorithms. Crypto exists on a blockchain and is decentralized.

Cryptocurrencies function both as a currency and as a virtual accounting system. Today, cryptocurrencies are digital assets people use as investments and for online purchases. There are many different and unique risks of buying cryptocurrency, you should be aware of. The risks of cryptocurrency include its volatility, the lack of regulation surrounding it, and rampant scams.