Cryptocurrency is a type of digital money that only exists online.
It uses cryptography (advanced math and coding) to keep transactions safe and to control how new coins are made.

Unlike normal money (like dollars or euros), cryptocurrencies aren't controlled by banks or governments.
Instead, they run on blockchains — giant, public digital ledgers that track every transaction.

"Crypto is a guaranteed way to get rich."

Truth:
While some people made money, crypto prices can crash fast. It's risky, just like stocks — and sometimes even more unpredictable.

"Crypto is completely anonymous."

Truth:
Crypto is more like a nickname system — your real name isn’t shown, but all your transactions are public and traceable on the blockchain.

"Crypto is illegal."

Truth:
Owning or trading crypto is legal in many countries, including the U.S.
But, like cash, using it for illegal activities is what’s illegal, not the crypto itself.