Each cryptocurrency has a limited supply, which is typically determined by a set of rules built into its code, preventing inflation or devaluation.
Transactions are verified and added to the blockchain by a network of users called miners, who are incentivized with newly created units of the currency.
Cryptocurrencies can be stored in digital wallets, which are typically protected by strong encryption and other security measures.
The value of a cryptocurrency is determined by supply and demand, with factors such as adoption, utility, and market sentiment influencing its price.
Cryptocurrencies can be bought and sold on various cryptocurrency exchanges or used as a means of payment for goods and services that accept them.