Crypto Basics

Category description – Bitcoin was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.

What is QTUM?

Reading Time: 5 minutesHome What is Qtum? Usually pronounced “Quantum,” and with the ticker code QTUM, the cryptocurrency is best described as a hybrid between Bitcoin and Ethereum.

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What is Blockchain?

Reading Time: 4 minutesBlockchain is the underlying technology that powers most cryptocurrencies such as Bitcoin, Ethereum, Cardano, Solana, Bitcoin Cash, etc. A blockchain is essentially a public ledger that keeps a record of all transactions that happen on a cryptocurrency network. Blockchains are maintained and upheld by a decentralized network of nodes. Each node keeps a record of the blockchain. There can be hundreds, thousands, or even tens of thousands of nodes or more for a single blockchain.

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What is Cryptocurrency Mining?

Reading Time: 4 minutesHome Cryptocurrency mining is the process in which special computers running special software help to validate groups of transactions for cryptocurrencies. These groups of transactions

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Mobile phone icon with dollar sign and wireless signals, indicating buying Bitcoin or crypto on Coinmama.
Malcolm O'Mahony

What is Bitcoin?

Reading Time: 14 minutesBitcoin is a digital currency that operates on a decentralized peer-to-peer network, allowing users to securely transfer and store funds without the need for intermediaries.

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A 3D isometric illustration features a financial document, stacks of dollar bills, and minimalist clouds—ideal for Coinmama to buy bitcoin or cryptocurrency.
Malcolm O'Mahony

What is fiat money?

Reading Time: 3 minutesHome Fiat currency is a type of currency that is usually issued by a government and that is backed by an asset such as gold

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Illustration of a safe with Bitcoin, Ethereum symbols, highlighting secure crypto purchases on Coinmama.
Malcolm O'Mahony

What is Crypto Staking?

Reading Time: 3 minutesHome Staking, in crypto, refers to the act of holding your coins in a wallet, locking them up for a period, to validate the network

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An isometric illustration showcasing Bitcoin, Ethereum, a digital wallet, and data graphs; ideal for Coinmama users looking to buy crypto.
Malcolm O'Mahony

What is a crypto wallet?

Reading Time: 7 minutes. Cryptocurrency wallets are digital tools that allow users to store and manage their coins, tokens, and other digital assets. They come in different forms

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