Where does my money go when I buy crypto?

GL September 27, 2022

Where does my money go when I buy crypto? (1) When you buy or transfer cryptocurrency, your money goes into your digital wallet (account) to fund the currency, or virtual tokens, via an exchange such as CoinBase or Gemini. (2) All transactions are verified through a peer-to-peer network of computers that participate in the mining, or verification, process.

(1) When you buy or transfer cryptocurrency, your money goes into your digital wallet (account) to fund the currency, or virtual tokens, via an exchange such as CoinBase or Gemini. (2) All transactions are verified through a peer-to-peer network of computers that participate in the mining, or verification, process.

Related posts:

  1. Why can there only be 21 million Bitcoins? Why can there only be 21 million Bitcoins? Bitcoin's limited 21 million supply Just like a lot of other digital assets, Bitcoin has been built by its creator around the concept of a finite supply. This means that Satoshi has set a fixed upper limit regarding the number of Bitcoins...
  2. Exploring The Full History Of Bioshock | Video Gameography Now that season 4 of Video Gameography is complete, and the Uncharted series has been,......
  3. Why was Ragnarok Online so successful? Why was Ragnarok Online so successful? The Freedom. Probably the biggest draw to Ragnarok Online,......
  4. Which coins will explode in 2022? Which coins will explode in 2022? Next Cryptocurrency to Explode in 2022: Ethereum (ETH), Binance Coin (BNB), and Chronoly.io (CRNO) With the recent dip, the phrase “buy when there's blood on the streets” comes to mind when looking at many crypto prices....
  5. How much does a good gaming room cost? How much does a good gaming room cost? The average cost of a gaming room......
  6. How much was 1 Bitcoin worth when it started? How much was 1 Bitcoin worth when it started? Bitcoin's first price was $0. The founder, known pseudonymously as Satoshi Nakaomoto, famously released the bitcoin white paper to explain how the new technology would work....
See also  Exploring The Full History Of Halo: Combat Evolved | Video Gameography

More Stories

Kojima's next project could be a game, anime, film, "or something totally different"

Kojima's next project could be a game, anime, film, "or something totally different"

GL September 29, 2024
The Legend of Zelda: Echoes of Wisdom Interactive Map is Now Available

The Legend of Zelda: Echoes of Wisdom Interactive Map is Now Available

GL September 29, 2024
Atlus knows Metaphor: ReFantazio is struggling on PC, but it's promised that it's "actively working to address this problem"

Atlus knows Metaphor: ReFantazio is struggling on PC, but it's promised that it's "actively working to address this problem"

GL September 29, 2024

You may have missed

Kojima's next project could be a game, anime, film, "or something totally different"

Kojima's next project could be a game, anime, film, "or something totally different"

GL September 29, 2024
The Legend of Zelda: Echoes of Wisdom Interactive Map is Now Available

The Legend of Zelda: Echoes of Wisdom Interactive Map is Now Available

GL September 29, 2024
Atlus knows Metaphor: ReFantazio is struggling on PC, but it's promised that it's "actively working to address this problem"

Atlus knows Metaphor: ReFantazio is struggling on PC, but it's promised that it's "actively working to address this problem"

GL September 29, 2024

weirdly afraid of certain games

GL September 29, 2024
Sleep turns sleepwalking into a supernatural slasher — and it’s wicked fun

Sleep turns sleepwalking into a supernatural slasher — and it’s wicked fun

GL September 29, 2024