Crypto Basics

Category description – Bitcoin was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.

What is Cryptocurrency Mining?

Reading Time: 5 minutes Cryptocurrency mining is the process in which special computers running special software help to validate groups of transactions for cryptocurrencies. These groups of transactions are

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Mobile phone icon with dollar sign and wireless signals, indicating buying Bitcoin or crypto on Coinmama.
Malcolm O'Mahony

What is Bitcoin?

Reading Time: 14 minutes Bitcoin is a digital currency that operates on a decentralized peer-to-peer network, allowing users to securely transfer and store funds without the need for intermediaries.

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A 3D isometric illustration features a financial document, stacks of dollar bills, and minimalist clouds—ideal for Coinmama to buy bitcoin or cryptocurrency.
Malcolm O'Mahony

What is fiat money?

Reading Time: 4 minutes Fiat currency is a type of currency that is usually issued by a government and that is backed by an asset such as gold or

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Illustration of a safe with Bitcoin, Ethereum symbols, highlighting secure crypto purchases on Coinmama.
Malcolm O'Mahony

What is Crypto Staking?

Reading Time: 4 minutes Staking, in crypto, refers to the act of holding your coins in a wallet, locking them up for a period, to validate the network and

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An isometric illustration showcasing Bitcoin, Ethereum, a digital wallet, and data graphs; ideal for Coinmama users looking to buy crypto.
Malcolm O'Mahony

What is a crypto wallet?

Reading Time: 7 minutes . Cryptocurrency wallets are digital tools that allow users to store and manage their coins, tokens, and other digital assets. They come in different forms

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