Crypto Basics
Essential information for cryptocurrency beginners.
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transact...
Fri, 7 Jun, 2019 at 3:01 PM
A cryptocurrency wallet stores the public and private "keys" or "addresses" which can be used to receive or spend the cryptocurrency. Wi...
Mon, 10 Jun, 2019 at 9:06 AM
A block refers to a set of bitcoin transactions from a certain time period. Blocks are “stacked” on top of each other in such a way that one block depends o...
Wed, 12 Jun, 2019 at 11:18 AM
You can send any cryptocurrency to other wallets as long as you have a valid wallet address or QR code associated with that wallet. Click here for detailed...
Wed, 24 Aug, 2022 at 6:17 PM
The blockchain is a distributed, public ledger that contains the history of every bitcoin transaction. Anyone can download a copy of the blockchain, and it...
Wed, 12 Jun, 2019 at 11:09 AM
When you buy or sell cryptocurrency, fees are charged separately from the amount traded in the order. For example, if you enter $100 USD as the amount of BT...
Fri, 27 Sep, 2024 at 3:59 PM
Note: All confirmed buys and sells on CoinZoom are final. Before any order is processed, you will always receive a "Confirmation" prompt to ma...
Mon, 20 Apr, 2020 at 12:44 PM
Warning: Remember that once completed there is no option to undo or reverse the transaction. Best practice is to send a small test amount first to make sure...
Tue, 14 May, 2024 at 11:31 AM
Bitcoin was originally released in 2009 by Satoshi Nakamoto as a piece of software and a paper describing how it works. Because Bitcoin is fundamentally sof...
Tue, 14 May, 2019 at 3:22 PM
One can use bitcoins to purchase goods on the internet and in stores. The following are some unique properties of Bitcoin: Bitcoin is global: Bitcoins ca...
Wed, 12 Jun, 2019 at 11:07 AM