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Cryptocurrencies exist to improve the way we think about money. Here are just a few reasons why they have the potential to be the fastest, easiest, cheapest, safest, and most universal way to exchange value. ever.
First things first, how do you use crypto? Here are just a few things you can do with cryptocurrency on Coinbase:
Each cryptocurrency is designed for a specific purpose. On Coinbase you can buy over 40 assets and learn about how they work in just a few taps.
Use your crypto to pay for travel, buy gift cards, eat at restaurants, and more. The number of places that accept crypto is growing every day. Or use Coinbase Card , a contactless Visa debit card that’s funded by your Coinbase balance. Coinbase Card makes spending crypto as easy as spending the money in your bank account.
Watch a video. Complete a quiz. Earn crypto . It’s that simple. With Earn, Coinbase customers can earn in crypto just by learning through educational videos and tutorials.
Forget conversion fees or wire transfer waits; sending crypto to anyone in the world is fast and cost-effective.
And what exactly is it?
Good question. Put simply, cryptocurrency is digital currency (meaning: there are no physical coins or banknotes) that isn't tied to a central entity, like the Bank of England or US Federal Reserve. Instead, it runs on decentralized computer networks that let anyone participate.
Cryptocurrency is built to work worldwide and has the potential to be the fastest, easiest, cheapest, safest, and most universal way to exchange value. ever.
Okay, but what about “block-chains” and “mining”?
Honestly? Don’t sweat it. Learning about the back-end stuff that makes cryptocurrency work isn’t essential to understanding how cryptocurrency can work for you. However, if you’re super curious, we’ve created a good place to start .
Find beginners guides, practical tips, and market updates for first-timers, experienced investors, and everyone in between…