Crypto Terms: Letter C

What is Cryptocurrency?

Meaning:

Cryptocurrency - a digital or virtual currency.

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Let's find out Cryptocurrency meaning, definition in crypto, what is Cryptocurrency, and all other detailed facts.

Cryptocurrencies are utilized in cryptographic technologies. The majority of digital currencies are decentralized networks that are based on a distributed ledger or blockchain technology. Therefore, they are not produced by any central force. Cryptocurrencies can be bought from cryptocurrency exchanges and can be mined as well.

In approximately 1983, the principle of a digital currency secured by cryptography first started existing. This was when David Chaum, an American cryptographer, revealed eCash to the public.

Nevertheless, the very first cryptocurrency that gained the attention of the public was Bitcoin, released in January 2009. In essence, Bitcoin was the inspiration for the rapid growth of the cryptocurrency ecosystem we have today. By November 2021, the total value of all cryptocurrencies in existence had reached over $2.1 trillion.

The main idea behind the creation of Bitcoin was the employment of a distributed ledger - a blockchain of all the possible transactions that have ever happened.

The Bitcoin network is comprised of several independent nodes, all of which opt to join willingly. The usage of blockchain allows Bitcoin to function successfully without the need for a central authority, such as a bank, to implement the regulations.

Bitcoin is controlled and modified through the use of a Proof-of-Work consensus mechanism that is based on cryptographic hash functions. The process assures that no new Bitcoin can be produced without significant effort and that all BTC transactions are precisely and eternally recorded.

Some similar decentralized Proof-of-Work coins are Bitcoin Cash, Litecoin, and Monero. Though, there are also many other types of coins, that are quite different from Bitcoin. Like, for example, Proof-of-Stake coins, such as Tron, Dash, and Tezos. Or, there are other coins that are associated with private blockchains administered by firms for internal purposes and are unavailable to the general public.

Nevertheless, all of these are similar in having the operations of their networks secured by cryptographic algorithms.

Money laundering<\/strong><\/strong><\/a> is a financial crime defined as the process of taking a large amount of money that was acquired illegally, often by drug or human trafficking, and attempting to make it seem like it came from a legitimate source.<\/p>\nCryptocurrency money laundering crimes are committed with similar intent. However, during the process, criminals take <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat money<\/strong><\/a> and convert it into cryptocurrency. They then route the cryptocurrency through several pathways to hide the trail and attempt to make its origins appear legitimate. <\/p>\nCryptocurrency is often the subject of potential money laundering crimes, largely due to the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-decentralization/">decentralized nature of blockchain financial operations and the anonymity often linked to crypto. Governmental and financial institutions take the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-volatility/">volatility of the crypto market into consideration when discussing possible money laundering threats.<\/p>\nHowever, Bitcoin transactions can be traceable through the blockchain and are tied to specific cryptocurrency <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-address/">wallet addresses<\/strong><\/a>.<\/p>\nIn 2021, hacker group DarkSide attempted to ransom the American oil pipeline system Colonial Pipeline. The FBI traced the transactions on the blockchain back to a wallet containing 63 Bitcoins (BTC) and proceeded to extract the coin with the wallet’s <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-private-key-secret-key/">private key<\/strong><\/a>. This case emphasized the traceability of financial operations on the blockchain.<\/p>\n<h2>Money Laundering via Bitcoin<\/h2>\nIn the early days of blockchain-based digital currency, Bitcoin was used with criminal intent, including money laundering, by some malicious parties. One of the most notable cases was Silk Road, the darknet market used to purchase illegal goods, the majority of which were drugs.<\/p>\nWhile the platform was shut down, the US government seized more than $1 billion worth of Bitcoin from the Silk Road network in 2020. The operation was described as “the biggest cryptocurrency seizure in history”.<\/p>\nCases of crypto money laundering led to many countries establishing <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-anti-money-laundering-aml/">anti-money laundering laws (AMLs)<\/strong><\/a> directed at cryptocurrencies. Obligatory compliance measures, such as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-know-your-customer-kyc/">Know Your Customer (KYC)<\/strong><\/strong><\/a>, have been implemented to promote transparency and prevent illicit operations.<\/p>\nSuch regulations have been applied to <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">crypto exchange<\/strong><\/a> platforms, as these virtual spaces are the main areas to purchase cryptocurrencies. The data provided by crypto exchange platforms like Coinbase can track suspicious transactions.<\/p>\nThere have been criminal attempts to utilize Bitcoin to hide the tracks of illicit money by shuffling around funds. After converting fiat money into crypto, they swap and exchange between different cryptocurrencies several times. The process of swapping and exchanging was meant to make the funds harder to spot and follow along the chain.<\/p>\nAt the end of the procedure, the crypto funds would be traded back into fiat currency. The money would then appear as legitimate funds acquired via crypto trading.<\/p>\nAccording to the United Nations, around $1.3 trillion is laundered yearly. This amount accounts for roughly 3% of global gross domestic product (GDP). It can be difficult to track and establish what share of global money laundering is made up of cryptocurrency-based crime. However, it is assumed to be a considerably small amount in comparison.<\/p>\n<h2>Privacy Coins<\/h2>\nAs of February 2022, there are around 10,000 cryptocurrencies in the world. Given this amount, some may be easier to utilize for money laundering than others. New cryptocurrencies have been developed to be more resistant to tracking and easier to utilize in criminal activities.<\/p>\nRoughly 90% of money laundering and other illicit criminal behavior on the darknet is done by bouncing assets between Bitcoin addresses, making it the most prominent option for cybercrime.<\/p>\nTo counter the traceability of Bitcoin, privacy coins<\/strong> have been developed. Privacy coins are cryptocurrency assets that aim to provide a higher level of anonymity, security, and privacy. They are considerably more difficult to regulate. Monero, Zcash, and Grin are among the most popular privacy coins.<\/p>\n<h3>Monero<\/h3>\nMonero is described as a secure, private, and untraceable cryptocurrency. Its standout feature is the anonymity provided to the users – observers are not able to decipher Monero addresses and the information they contain, such as transaction amounts, balances, or histories.<\/p>\nMonero is considered to be one of the best-known examples of privacy coins. It is listed for trading on most major cryptocurrency exchange platforms. It has the third-largest developer community in the crypto world, falling behind only Bitcoin and Ethereum.<\/p>\n<h3>Zcash<\/h3>\nZcash is a cryptocurrency based on Bitcoin’s codebase. It provides an inauditable platform for private transactions using <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-zero-knowledge-proof/">zero-knowledge proof (ZKP)<\/strong><\/strong><\/a> verifications. Thanks to ZKP, no information about the exchange parties or the transaction amount can be revealed.<\/p>\nMuch like Bitcoin, Zcash has a fixed total supply, capped at 21 million units. Unlike some other privacy coins, Zcash offers selective disclosure, allowing users to prove payments for auditing purposes and comply with anti-money laundering or tax regulations.<\/p>\n<h3>Grin<\/h3>\nGrin offers its users an <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-open-source/">open-source network with a range of privacy tools that can be used to erase all past transaction data from the blockchain without compromising the network security.<\/p>\nGrin’s Mimblewimble protocol helps create more compact <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-block/">blocks and ensures that the blockchain only contains the essential information, thus reducing the amount of computational resources required. Minblewimble blockchain does not contain identifiable or reusable addresses, and transaction data can only be seen by its participants.<\/p>\n<h2>Cryptocurrency Regulations<\/h2>\nWhile Bitcoin was established in 2009, there are no globally unified cryptocurrency regulations as of yet. Many nations are working on laws and regulations, as well as developing new classification systems for cryptocurrencies.<\/p>\nThe focus of many regulations is the taxation of assets<\/strong> coming from trading Bitcoin or other crypto assets. Due to the decentralization of digital currencies, they are often the subject of criticism in conversations about tax evasion.<\/p>\nWith the increasing popularity of cryptocurrencies, taxation entities such as the IRS and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-securities-and-exchange-commission-sec/">SEC are working on establishing new tax regulations on crypto assets and crypto-denominated salaries.<\/p>\nThere are also regulations for crypto <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mining/">mining and trading in the works, given their direct importance in the crypto market. Companies that opt to add Bitcoin or other cryptocurrencies to their balance sheets will be subject to regulations.<\/p>\n<a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">Cryptocurrency exchange<\/strong><\/a> platforms are also in consideration for new regulations. They are expected to provide better protection against tax avoidance and financial misconduct.<\/p>\n<h3>Regulated Centralized Cryptocurrency Exchanges<\/h3>\n<a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cloud-mining/">Centralized cryptocurrency exchange platforms (CEXs)<\/strong><\/strong><\/a> are regulated. They comply with cryptocurrency laws within their jurisdiction and agree to formal regulatory oversights. The availability of centralized crypto exchanges may vary regionally, depending on the local laws and compliance.<\/p>\nSome of the regulated exchanges that have been approved by the SEC in the US are Binance.US, Coinbase, Gemini, and Kraken. Regulated crypto exchanges tend to hold a higher reputation among lawmakers and receive the bigger part of the market share in the US.<\/p>\nCentralized exchange platforms generally have the regulations they must follow established by the national government. As a way to assist in preventing illegal financial activities, centralized crypto exchanges must comply with anti-money laundering and Know Your Customer regulations.<\/p>\n<h3>Unregulated and Decentralized Cryptocurrency Exchanges<\/h3>\nSome cryptocurrency exchange platforms do not require their users to follow regulations such as the KYC policies. However, these platforms may still be required to adhere to some governmental regulations. Bybit, Nominex, and Binance.com (not to be confused with Binance.US<\/em>) do not require their users to submit information for KYC checks. <\/p>\n<a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-decentralized-exchange-dex/">Decentralized cryptocurrency exchange platforms (DEXs)<\/strong><\/a> are unregulated and do not possess a single centralized entity that may be held accountable for illicit activities. However, transaction information on these platforms may still be observed.<\/p>","definition":"the criminal activity of transferring fiat to cryptocurrency and routing it via multiple pathways.","status":"published","meta_title":"What is Cryptocurrency Money Laundering? Definition & Meaning | Crypto Wiki","meta_description":"Cryptocurrency Money Laundering meaning: Cryptocurrency Money Laundering - the criminal activity of transferring fiat to cryptocurrency and routing it via multiple pathways.","meta_keywords":null}" :prev-section="{"id":209,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Invoice","level":"medium","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-07T08:14:33.000000Z","slug":"what-is-crypto-invoicing","title":"What is Crypto Invoicing?","section":"C","keyword":"Crypto Invoicing","content":"The practice of establishing invoices for products and services that must be paid in cryptocurrency is known as crypto invoicing. <\/strong>The most essential benefits of adding crypto invoicing from a marketing perspective:<\/p>\n<ul>\n<li>Improves business potential because clients nowadays choose to pay using cryptocurrency.<\/li>\n<li>Enables fast, protected, and less expensive payment processing.<\/li>\n<li>Creates invoices fast.<\/li>\n<li>No human mistakes in sending and receiving payments.<\/li>\n<li>Enables the possibility to control, track and see your invoices.<\/li>\n<li>Enables the possibility to customize invoices.<\/li>\n<\/ul>\nFurthermore, crypto invoicing allows users to bill their customers via email. Meaning that there are no more difficulties in switching between apps and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">wallets./n
For crypto to adapt worldwide and become one of the most usable payment methods, it is important that users would be able to send, receive and pay invoices in an easy manner.<\/p>\nThat’s one of the reasons the crypto invoicing tool is helpful. Users can control and track their customer's crypto payments. In addition, a pre-configured but completely customizable template allows users to quickly and simply fill in all of the needed information. Users may then send it as a link to their clients by email, social media, or text messaging.<\/p>\nThe receiver will see the itemized bill and the required amount after clicking on the link. When a bill is paid to the sender's digital wallet, the crypto invoicing tool checks the blockchain explorer and alerts both participants.<\/p>\nNevertheless, user-friendliness remains to be a barrier to embracing cryptocurrency payments. Unlike <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat payment channels or retail point-of-sale platforms, the sender must methodically duplicate the recipient's wallet address's large string of hexadecimal digits.<\/p>\nIn addition, it is hard for organizations to adequately record the counterparty data and forethought for each transaction, as they can with traditional invoices. This frequently makes crypto bookkeeping an unmitigated disaster for accounting and tax purposes.<\/p>\nCryptocurrencies are gradually becoming an increasing proportion of the global payments sector. Several notable payment businesses, including Paypal, Venmo, Visa, and Mastercard<\/strong> teamed up with crypto businesses to allow users to utilize their digital assets to acquire their favorite items from millions of retail stores worldwide. There are approximately $150 million in crypto invoices, roughly half were paid in stablecoins such as DAI or USDT.<\/p>\nMajor companies like McDonald's, Starbucks, AMC, Pizza Hut<\/strong>, and many others have begun to welcome cryptocurrency payments. Self-employed people, experts, sports personalities, and even politicians, are also adapting to the thought of embracing crypto payments.<\/p>\nBesides, nations, like El Salvador, have already accepted <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin (BTC) as their legal tender.<\/p>","definition":"is the practice of creating invoices for products and services that must be paid in cryptocurrency.","status":"published","meta_title":"What is Crypto Invoicing? Definition & Meaning | Crypto Wiki","meta_description":"Crypto Invoicing meaning: Crypto Invoicing - is the practice of creating invoices for products and services that must be paid in cryptocurrency.","meta_keywords":null}" :model="{"id":216,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-07T08:14:42.000000Z","slug":"what-is-cryptocurrency","title":"What is Cryptocurrency?","section":"C","keyword":"Cryptocurrency","content":"Cryptocurrencies are utilized in cryptographic technologies. The majority of digital currencies are decentralized networks that are based on a distributed ledger or blockchain technology<\/strong>. Therefore, they are not produced by any central force. Cryptocurrencies can be bought from <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">cryptocurrency exchanges<\/a> and can be mined as well.<\/p>\nIn approximately 1983, the principle of a digital currency secured by cryptography first started existing. This was when David Chaum<\/strong>, an American cryptographer, revealed eCash<\/strong> to the public.<\/p>\nNevertheless, the very first cryptocurrency that gained the attention of the public was <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin, released in January 2009. In essence, Bitcoin was the inspiration for the rapid growth of the cryptocurrency ecosystem we have today. By November 2021, the total value of all cryptocurrencies in existence had reached over $2.1 trillion.<\/p>\nThe main idea behind the creation of Bitcoin was the employment of a distributed ledger<\/strong> - a blockchain of all the possible transactions that have ever happened. <\/p>\nThe Bitcoin network is comprised of several independent nodes<\/strong>, all of which opt to join willingly. The usage of blockchain allows Bitcoin to function successfully without the need for a central authority, such as a bank, to implement the regulations.<\/p>\nBitcoin is controlled and modified through the use of a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">Proof-of-Work consensus mechanism that is based on cryptographic hash functions<\/strong>. The process assures that no new Bitcoin can be produced without significant effort and that all BTC transactions are precisely and eternally recorded.<\/p>\nSome similar decentralized Proof-of-Work coins are <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-cash-bch/" rel=\"noopener\">Bitcoin Cash<\/strong><\/a>, <a href=https://www.bitdegree.org/"//crypto//buy-litecoin-ltc/">Litecoin, and <a href=https://www.bitdegree.org/"//crypto//buy-monero-xmr/">Monero. Though, there are also many other types of coins, that are quite different from Bitcoin. Like, for example, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-proof-of-stake-pos/">Proof-of-Stake coins, such as <a href=https://www.bitdegree.org/"//crypto//buy-tron-trx/">Tron, <a href=https://www.bitdegree.org/"//crypto//buy-dash/">Dash, and <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-tezos-xtz/">Tezos. Or, there are other coins that are associated with private blockchains<\/strong> administered by firms for internal purposes and are unavailable to the general public.<\/p>\nNevertheless, all of these are similar in having the operations of their networks secured by cryptographic algorithms<\/strong>.<\/p>","definition":"a digital or virtual currency.","status":"published","meta_title":"What is Cryptocurrency? Definition & Meaning | Crypto Wiki","meta_description":"Cryptocurrency meaning: Cryptocurrency - a digital or virtual currency.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\nWith close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\nAaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\nAaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin Killer","status":"published","modified_content":null},{"chapter_id":2,"order":10,"slug":"what-is-solana-in-crypto","title":"Is Solana an Improved Version of Ethereum?","status":"published","modified_content":null},{"chapter_id":2,"order":11,"slug":"what-is-polkadot-in-crypto","title":"The Bridge Between Blockchains: Polkadot","status":"published","modified_content":null},{"chapter_id":2,"order":12,"slug":"what-is-polygon-in-crypto","title":"Polygon: the Essential Scaling Solution for Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":13,"slug":"what-is-luna-crypto","title":"The Bumpy Road of Terra (LUNA)","status":"published","modified_content":null},{"chapter_id":2,"order":14,"slug":"what-is-fantom-crypto","title":"Is Fantom (FTM) Yet Another Ethereum Killer?","status":"published","modified_content":null},{"chapter_id":2,"order":15,"slug":"what-is-aave-crypto","title":"Aave: Crypto Lending Trailblazer","status":"published","modified_content":null},{"chapter_id":2,"order":16,"slug":"what-is-algorand-crypto","title":"Did Algorand Truly Solve the Blockchain Trilemma?","status":"published","modified_content":null},{"chapter_id":2,"order":17,"slug":"what-is-olympus-dao","title":"Does Olympus DAO Have Anything to Do With Mythology?","status":"published","modified_content":null},{"chapter_id":2,"order":18,"slug":"what-is-avax","title":"Is Avalanche Network (AVAX) Rightfully Called the Future of DeFi?","status":"published","modified_content":null},{"chapter_id":2,"order":19,"slug":"what-is-monero-coin","title":"Monero: Where Cryptocurrency Meets Cryptography","status":"published","modified_content":null},{"chapter_id":2,"order":20,"slug":"what-is-ripple-xrp","title":"Is Ripple \"it\" When it Comes to Cross-Border Transactions?","status":"published","modified_content":null},{"chapter_id":2,"order":21,"slug":"practical-use-of-cryptocurrencies","title":"The Practical Use of Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens 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