ELI5: Explain Like I'm 5


Crypto is a type of money that exists only digitally (which means it can only be used and stored on the internet). It's like the money you have in your bank account, but it doesn't physically exist like dollar bills. Crypto can be used to buy things, and you can trade it like stocks, but it can also be used to pay for services like security or cloud storage. Crypto is called "crypto" because it uses a special type of code called cryptography to keep your money safe and secure.
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