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Bitcoin and Crypto don’t need to be complicated. Each of the following sections will walk you step by step through the basics of Bitcoin, Blockchain, Mining, Buying, Storing, and Trading Crypto.

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Course 1: What is Bitcoin (BTC)?

Bitcoin is a digital currency, or a cryptocurrency. It was invented in 2008 by an anonymous person, or group of people named Satoshi Nakamoto. The creator decided to remain anonymous.

Bitcoins differ from fiat currency, or government issued currency, because they are not physical objects. Instead, they exist in the virtual world as snippets of code. This hasn’t stopped people from imagining what a bitcoin might look like in reality, and the crypto space is filled with artistic renderings of gold coins emblazoned with a B!

Bitcoin is a decentralized currency, meaning it has no central point of control and is sustained by individuals in the global cryptocurrency community. Bitcoin is like having a Swiss bank account on your phone or computer.

You don’t buy Bitcoin at a bank. Instead Bitcoin users go to online exchanges, ATMs or private brokers to purchase Bitcoin and other Crypto Currencies. When coins are not being used or traded, it is best to keep coins off of an exchange and in a wallet.

New bitcoins are being created every day through a process called mining. Big computers work hard to solve complicated equations, and each correct answer produces new Bitcoin. The Bitcoin code dictates that only 21 million Bitcoins will ever be created, making it a finite commodity much like gold.

After viewing the videos in each subsection below you will be much closer to becoming a Bitcoin pro.

Show off your new crypto knowledge by taking our quiz below!

Quiz 1: What is Bitcoin (BTC)?

Bitcoin is a physical asset.
Bitcoin is issued by the United States of America.
Bitcoin is a decentralized currency.
Bitcoin does not need a third party to facilitate peer-to-peer transactions.
You can store your Bitcoins in your bank account.
Satoshi Nakamoto is still active in the BTC community.
How many coins does Satoshi Nakamoto hold?
Bitcoin uses SHA256 encryption to secure its network.
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Course 2:Two Factor Authentication

Protecting your accounts and wallets are one of the most important things to do in the crypto space. Using unique passwords, backing up your accounts, storing to private keys safely, and preventing hackers from entering your accounts will be explained in this section.

Quiz 2: Two Factor Authentication

Having just one password is enough to keep my accounts protected.
You should always write down the seed key provided by Google Authenticator.
If I lose my phone, I can easily recover my 2FA passwords.
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Quiz 2: Two Factor Authentication
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Coure 3: What is Blockchain?

Blockchain is the technology that allows Bitcoin to run. The Blockchain is a secure and anonymous way to move ideas and money anywhere in the world!

By recording all transactions made within the cryptocurrency network, blockchain technology removes the need for a middle-person like a bank or payment app. The Blockchain prevents any transactions from being removed, modified or tampered without permission. This creates a chain of transactions, known as blocks, hense the name Blockchain.

Quiz 3: What is Blockchain?

Blockchain records every single Bitcoin transaction.
Anyone can access the Bitcoin Blockchain ledger and view every transaction.
Bitcoin miners recieve a reward for adding blocks to the blockchain.
Every 210 000 blocks, the mining reward is cut in half.
Bitcoins blockchain is the longest running, and most trusted blockchain.
There are no fees for sending Bitcoin to another wallet.
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Course 4: What are Alt-Coins?

As the name suggests, Altcoins refers to coins that are an alternative to Bitcoin. Some Altcoins are very similar to Bitcoin, sharing the open sourced nature of Bitcoin. Others create their protocol on which to operate. However, all Altcoins use their own unique blockchain upon which their transactions occur.

Quiz 4: What Are Alt-Coins?

Altcoins run on their own blockchain.
Litecoin is considered the silver, to Bitcoins gold.
Charlie Lee is the creator of Litecoin.
Ethereum allows you to create a smart contract.
Ethereum allows for the building of DAPPS (Decentralized Applications)
Monero is a privacy coin.
Monero’s ticker symbol is which of the following?
Monero allows the sender to hide their transaction history.
Coin Market Cap allows you to check the price, markets, and history of almost every coin.
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Course 5: Where Can I Buy Cryptocurrency?

A cryptocurrency exchange or a digital currency exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. There are several ways to acquire Crypto, in this section we will cover the most popular ones.

You can find an ATM near you by using https://coinatmradar.com/ !

You can purchase cryptocurrencies directly from private brokers using cash, e-transfer or other means. Contact us today to learn more about Just Learn Crypto’s private brokering service.

Click here to contact one of our private brokers.

Quiz 5: Where Can I Buy Cryptocurrency?

Exchanges are a safe place to store your crypto.
I can buy Bitcoin, and other cryptocurrencies at my local bank.
Coinbase allows me to buy crypto’s with my credit card.
I should invest money i can’t afford to lose because crypto is a sure bet.
Exchanges like Binance allow you to trade Bitcoin for hundreds of other altcoins.
Leverage trading on Bitmex Exchange is very risky.
Bitcoin ATMs are a great way to buy crypto with cash.
A private broker is the easiest way to purchase crypto.
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Course 6: Where Do I Keep My Crypto?

Using an exchange wallet is the least secure way of storing crypto assets (since all keys are stored on the exchange as well), and once purchased these assets should be transferred to a more secure wallet at the earliest possible time. A paper wallet literally means a wallet on a piece of paper. In this section you will earn about the most popular places to store your Crypto.

You can download the Mobile Edge Wallet at https://edge.app/
You can download the Exodus Desktop Wallet at https://www.exodus.io/
You can download the Trezor wallet at www.Trezor.io

Quiz 6: Where Do I Keep My Cryptocurrency?

There are four main wallets; mobile, desktop, hardware and paper.
You should always back up your passwords and private keys.
A mobile wallet like Edge, is good for storing small amounts of crypto for spending.
Exodus wallet is a software wallet for desktop.
Always backup your private key and recovery phrase.
Cold storage is used for crypto you don’t need to touch for a long time.
Ledger and Trezor are the best hardware wallets. They allow you to keep your coins offline.
A paper wallet, when generated properly, is the safest way to store crypto.
Not your keys…
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