is crypto is all about buying and selling ?
1. Crypto Trading
Crypto trading is buying and selling digital coins to earn profit from price movements. Traders use exchanges like Binance to analyze markets and take short-term or long-term positions. It is the most popular but also risky part of crypto.
2. Blockchain Technology
Blockchain is the system behind crypto that records transactions in a secure and transparent way. Data is stored in blocks that cannot be easily changed. It removes the need for middlemen like banks.
3. Decentralized Finance (DeFi)
DeFi allows people to borrow, lend, and earn interest without banks. Everything works through smart contracts on blockchain networks. Users control their money directly through digital wallets.
4. Digital Payments
Crypto makes global payments fast and low cost compared to traditional banking. Anyone can send funds across borders within minutes. No permission from banks is required.
5. NFTs (Non-Fungible Tokens)
NFTs represent ownership of digital art, music, or gaming items on blockchain. Each NFT is unique and cannot be copied. Creators can sell their work directly to fans.
6. Smart Contracts
Smart contracts are self-executing programs stored on blockchain. They automatically complete actions when conditions are met. This technology powers DeFi and many crypto apps.