Scribd
Upload
5 views2 pages

Cryptocurrency Basics Course

Uploaded by

bulqaasacademy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
5 views2 pages

Cryptocurrency Basics Course

Uploaded by

bulqaasacademy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Introduction to Cryptocurrency: Understanding the Basics

Course Objective
To provide a foundational understanding of cryptocurrencies, how they work, and their
potential uses, risks, and opportunities.

Course Duration
3-4 hours (can be divided into multiple sessions).

Module 1: Introduction to Cryptocurrency


Definition: What is cryptocurrency?
History: Brief overview of Bitcoin and the emergence of cryptocurrencies.
Why Cryptocurrency?: Decentralization, security, global access, and financial inclusion.

Module 2: How Cryptocurrency Works


Blockchain Technology:
- What is a blockchain?
- How does it ensure security and transparency?
Mining:
- What is mining?
- Role of miners in validating transactions.
Wallets:
- Types of wallets (hot vs. cold wallets).
- How to store and manage cryptocurrencies securely.

Module 3: Types of Cryptocurrencies


Major Cryptocurrencies:
- Bitcoin (BTC): The pioneer.
- Ethereum (ETH): Smart contracts and decentralized applications.
- Other notable coins: Binance Coin (BNB), Cardano (ADA), and Ripple (XRP).
Stablecoins:
- Definition and examples (USDT, USDC).
Altcoins:
- Overview of other cryptocurrencies.

Module 4: Buying and Using Cryptocurrencies


How to Buy Cryptocurrency:
- Cryptocurrency exchanges (e.g., Binance, Coinbase).
- Peer-to-peer (P2P) platforms.
Uses of Cryptocurrency:
- Payments and remittances.
- Investment and trading.
- Decentralized Finance (DeFi).

Module 5: Risks and Challenges


Volatility: Price fluctuations and market risks.
Security Concerns: Scams, hacking, and phishing.
Regulatory Issues: Government policies and bans.
Environmental Concerns: Energy usage in mining.

Module 6: The Future of Cryptocurrency


Trends:
- Rise of DeFi and NFTs.
- Adoption by businesses and governments.
Challenges:
- Scalability and environmental sustainability.
Opportunities:
- Innovations in finance and technology.

Module 7: Practical Exercise


Setting up a wallet.
Buying a small amount of cryptocurrency (optional and based on local laws).
Exploring blockchain explorers (e.g., Etherscan).

Course Materials
Slide Deck: Overview of each module.
Video Tutorials: Demos on wallets and exchanges.
Reading List:
- 'Mastering Bitcoin' by Andreas M. Antonopoulos.
- Official websites like Binance Academy and Coinbase Learn.

Assessment
Quiz covering key concepts.
Case studies on real-world cryptocurrency applications.

You might also like