Earlier here - https://t.me/userviceru/72552, we touched upon the topic of cryptocurrency strategies, which, in our opinion, was interesting for crypto trading newcomers.
Today, within the same topic, we will continue to familiarize beginners with the basic terminology of the crypto world. We will give you a rundown on the basic concepts. Are you ready?
• A cryptocurrency (or cryptocurrency faucet) is a website or app that allows users to receive small amounts of cryptocurrency in exchange for completing certain tasks or actions.
• Staking is the process of storing funds in a cryptocurrency wallet or specialized platform. The purpose is to support the operation of the blockchain and receive rewards in the form of additional tokens.
• Halving is a reduction in the rate of generation of new units of cryptocurrency. This procedure is embedded in many blockchain networks. After it, it becomes more expensive to mine cryptocurrency.
Are you a beginner in the world of cryptocurrency and do you like this article? We are waiting for your reaction.
Warmest regards, https://usrv.io/ team