What is cryptocurrency and how does it work?

[CryptoFluxor]

Cryptocurrency is digital money running on decentralized blockchains that enable direct, secure transactions without banks. LMGX is a utility token designed to support access, participation, and service use within its network, encouraging engagement through practical functions. Users store crypto in wallets and authorize transfers with private keys for added flexibility.

[bluemac]

I see many cryptos are shaking these days becuase of the btc markets but still some of the coins are still stable during the bitcoin corrections.