If you're new to cryptocurrency, welcome to the Party. Eagle has been in the Blockchain Space since 2017, and we've done everything possible to make this groundbreaking technology into an easily digestible format, so you can quickly catch up to speed. This comprehensive guide provides a clear and simple overview of cryptocurrencies, blockchain technology, and how to safely secure your assets. Our mission is to help you understand the basics of cryptocurrency, so you can confidently enter the market.
To begin, let's define cryptocurrencies. Cryptocurrencies are digital assets that are intended to be used as a medium of exchange. They are secured and verified using cryptography, which also controls the creation of new units. Bitcoin, the first and most well-known cryptocurrency, was created in 2009, and thousands of other cryptocurrencies have emerged since then. Understanding cryptocurrencies and their uses is an essential step to becoming involved in the cryptocurrency market.
Cryptocurrencies can be subject to fraud, hacks, and other security risks because of their decentralized structure and lack of regulation. Therefore, safety is crucial when investing in cryptocurrency. The danger of these risks can be significantly reduced by adhering to best practices, such as selecting a secure wallet, enabling two-factor authentication, and never revealing your private keys. Additionally, understanding the latest trends and advancements in the cryptocurrency market, such as the development of ISO20022 compliant cryptocurrencies, can help you stay ahead of the curve.
In conclusion, this guide is an educational resource meant to help you understand the basics of cryptocurrency. It is not meant to provide individual advice, and the information provided here is not to be construed as investment, legal, tax, financial, nor insurance advice. Before making any financial decisions, you should seek the help of a qualified financial adviser to discuss the tax, legal, risk, and investment implications. With this guide and the free 20-minute Zoom session offered with proof of purchase, you can take your first steps towards successful digital asset management.