What is crypto?
Digital assets and the basic idea explained simply.
A beginner-friendly starting point
NEW TO CRYPTO?
START WITH UNDERSTANDING.
Crypto can feel confusing at first. This page explains the basics, common risks, account verification, and what to expect before you decide whether you want to continue.
Beginner-friendly explanations
No pressure to purchase
Your decision stays yours
Your journey starts here
Six simple things to understand first.
You do not need to learn everything about crypto in one day. Start with the parts that help you understand what you are doing and what risks are involved.
How it works
Accounts, exchanges, wallets and transactions.
Verify yourself
Why platforms may ask for identity verification.
Stay safe
Passwords, scams, private keys and common mistakes.
Choose for yourself
Opening an account does not require a purchase.
Move forward
Continue only when you understand the next step.
Why learn first?
The smart part happens before the purchase.
A crypto app can make it easy to create an account. That does not mean the decision itself should be rushed.
Crypto is a digital asset
Cryptocurrency is a type of digital asset that can be transferred electronically. Different cryptocurrencies have different designs, uses and risks. A familiar name or a rising price does not tell you everything you need to know.
An exchange or app is a service
A crypto platform can help users create accounts, view prices, transfer assets and, where available, buy or sell digital assets. Using an app does not remove market risk, and the app cannot know whether a particular purchase is right for you.
Price movement can create emotion
When prices rise quickly, people can feel fear of missing out. When prices fall quickly, people can feel pressure to react. Those feelings are real, but they are not the same thing as research.
Opening an account is not the same as buying
You can learn how a platform works without making a purchase. If you open an account, the decision about whether to buy anything—and what you consider—is still yours.
Safety first
Know the mistakes beginners should avoid.
A few basic habits can help you avoid common problems before you ever make a crypto transaction.
1
Protect your login
Use a strong, unique password and available security features. Do not reuse passwords from other accounts.
2
Never share secret keys
Do not give anyone a wallet seed phrase, private key, password or one-time security code because they ask for it.
3
Check the address
Verify the website or app you are using before entering personal or account information.
4
Slow down around hype
A polished post, celebrity, message or advertisement does not guarantee that an offer or asset is safe.
Ready to continue?
Open Crypto.com when you are ready.
If you have decided for yourself that you want to explore Crypto.com, use the referral link below or scan the QR code with your phone.
Referral code
a7fpkjncff
Referral disclosure: This website uses a Crypto.com referral link. The site owner may receive a referral reward if an eligible referred user meets Crypto.com's current qualifying requirements. Crypto.com determines eligibility, rewards, availability and program terms.
This website is independent and is not owned or operated by Crypto.com.
Beginner questions
Common questions before getting started.
What is cryptocurrency?
Cryptocurrency is a type of digital asset. Different cryptocurrencies can have different purposes, technologies and risks.
What is KYC?
KYC means “Know Your Customer.” It is an identity-verification process used by many financial and crypto platforms to confirm who is using the service.
Do I have to buy crypto after opening an account?
No. Opening or verifying an account does not require you to buy cryptocurrency. Any purchase decision is your own.
What is the Crypto.com referral code on this page?
The referral code is a7fpkjncff. The referral link is https://crypto.com/app/a7fpkjncff.
Does the referral code guarantee a reward?
No. Crypto.com controls its referral program, including qualifying actions, eligibility, geographic availability and any reward amount or type. Those terms can change.
Is this website Crypto.com?
No. TheSmartWayToBuyCrypto.com is an independent educational and referral website. Crypto.com is a separate third-party service.