Cryptocurrency Basics

What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates on decentralized networks based on blockchain technology.

How Does Blockchain Work?

A blockchain is a distributed ledger that records all transactions across a network. Each block contains multiple transactions, and blocks are linked in chronological order.

Popular Cryptocurrencies

  • Bitcoin (BTC): The first and most well-known cryptocurrency.
  • Ethereum (ETH): Known for its smart contract functionality.
  • Solana (SOL): A high-speed blockchain for decentralized apps.
  • Ripple (XRP): Focused on real-time global payments.

How to Buy Crypto

  1. Choose a trusted crypto exchange (e.g. Coinbase, Binance).
  2. Create an account and verify your identity.
  3. Deposit funds via bank transfer or card.
  4. Buy your desired cryptocurrency and store it in a wallet.

Important Tips

  • Always use two-factor authentication (2FA).
  • Store large amounts in a cold wallet (offline).
  • Research before investing in any new token.
  • Beware of scams and phishing attempts.
Fidelityx

Fidelityx is the most trusted cryptocurrency trading platform, offering advanced tools and top-tier security. Our mission is to create the best trading experience and give our clients the freedom to trade without limitations.

Fidelityx is the trading name of Raw Trading Ltd, which is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer’s license number SD016.

Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors.

Trade execution, pricing, speed, and account access may be affected by a variety of factors including market volatility, order size and type, trading volume, and system performance. During periods of high market activity or limited system availability, delays in account access and trade execution may occur. Investors should be aware of these risks and plan accordingly when placing trades.

You must be 18 years old, or of legal age as determined in your country.

© 2025 Fidelityx All rights reserved.