If you're looking to invest in bitcoin or another cryptocurrency like ethereum or litecoin, you'll need to pick an investment app that lets you buy crypto ( Coinbase, SoFi, Webull, Kraken, and Robinhood all let you trade cryptocurrencies) as well as a "wallet" to store and secure your private key code for accessing your assets.Ĭryptocurrency wallets offer online or offline storage for your personal crypto key, and are usually available in the form of "hot" wallets or "cold" wallets. Companies including Microsoft, AT&T, Starbucks, Whole Foods, and Paypal now accept bitcoin and other virtual assets as forms of payment, and - despite several price fluctuations in 2021 - bitcoin prices have surged to more than $53,000 as of December 2021.
Cryptocurrencies like bitcoin have been around for more than a decade, but in the past few years they've moved beyond a niche investment to the mainstream.
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