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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)Cryptocurrency is a digital currency using cryptography to secure transactions. Learn about buying cryptocurrency and cryptocurrency scams to look out for. Cryptocurrency (or �crypto�) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. Cryptocurrency (also known as crypto) is a digital currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions.