General cryptocurrency information

How do crypto trades affect my taxes?
Unfortunately, at CoinCopy Financial Publishing we cannot give tax advice. Please consult an appropriate professional advisor for complete and current infor...
Thu, 19 Nov, 2020 at 10:49 AM
What is cryptocurrency?
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many c...
Thu, 19 Nov, 2020 at 10:49 AM
I see the word "Blockchain" coming up a lot. What is it?
Blockchain is an alternative to the traditional database as we know it. It is the underlying technology of cryptocurrencies. Blockchain is in fact a decentr...
Thu, 19 Nov, 2020 at 10:50 AM
How do I buy cryptocurrency?
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. You can create an account on an exchange, and then you can trans...
Thu, 19 Nov, 2020 at 10:50 AM
Is it difficult to make a crypto transaction?
No, it is very easy to make a Bitcoin transaction. You just need to know the public address of the contra account and you can send the money at the touch of...
Thu, 19 Nov, 2020 at 10:50 AM
What is the difference between a broker and an exchange?
A broker mediates between the trader and the exchanges and is not in possession of the crypto coins themselves. A exchange is in possession of the crypto co...
Thu, 19 Nov, 2020 at 10:51 AM
What is the minimum amount you can buy Bitcoin for?
At many exchanges, you can buy your first amount of Bitcoins for as little as 1 USD.
Thu, 19 Nov, 2020 at 10:51 AM
I see many different types of Bitcoin. Which is the right one?
The cryptocurrency named "Bitcoin" with its ticker symbol "BTC" is the correct one. The other variants are different types of cryptocurr...
Thu, 19 Nov, 2020 at 10:51 AM
How do I get help with my cryptocurrency exchange?
All of the major exchanges have support staff waiting for your call — they are eager to help you get started with their trading platform. You can find their...
Thu, 19 Nov, 2020 at 10:52 AM
What does decentralized mean?
Decentralized means that something is not in the hands of a central party. A decentralized process takes place without the involvement of an intermediary. E...
Thu, 19 Nov, 2020 at 10:52 AM