ScandiCrypto - Scandinavia's best Bitcoin & crypto guide

ScandiCrypto.com is a leading source for information about cryptocurrency and blockchain technology. Here you will find top lists, crypto-guides, reviews, and additional information about cryptocurrencies like Bitcoin and Ethereum, to help you in your crypto journey!

Recommended Crypto Exchanges 2023

Cryptocurrency exchanges allow you to trade, buy, sell and invest in cryptocurrencies. Our ultimate goal is to ensure that our readers sign up for a reliable, secure and community-respected crypto exchange. You can be sure that our reviews are transparent and that our opinions are our own.

Rank	Qualities	Rating	Visit
1	✔️ 160+ cryptocurrencies ✔️ Advanced trading tools ✔️ High liquidity	Read Review	Trade
2	✔️ Low trading fees ✔️ VISA card with cash back ✔️ Receive a $50 bonus	Read Review	Trade
3	✔️ Innovative design ✔️ Beginner friendly ✔️ Payment by card	Read Review	Trade
4	✔️ Beginner friendly ✔️ Great support ✔️ Low trading fees	Read Review	Trade
5	✔️ Beginner friendly ✔️ Payment by card ✔️ Reliable company	Read Review	Trade
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Recommended Crypto Wallets 2023

On the market you will find hardware wallets, software wallets and paper wallets. Each of these wallets has different advantages and disadvantages, so it really depends on what you’re looking for. At ScandiCrypto we offer reviews of different types of cryptocurrency wallets. It is important to inform yourself before committing to any kind of crypto wallet.

Rank	Qualities	Rating	Visit
1	✔️ Affordable ✔️ Support most OS ✔️ Aluminum grade	Read Review	Store
2	✔️ Beginner friendly ✔️ Support most OS ✔️ Supports 125+ coins	Read Review	Store
3	✔️ Affordable ✔️ User friendly ✔️ Aluminum grade	Read Review	Store
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Popular Cryptocurrencies

With more than 2,500 different cryptocurrencies, we understand that choosing one can be a difficult task. The first step you have to take is to decide how to use your cryptocurrency, whether you want to trade, invest or just need an anonymous way to send and receive payments over the internet. We have detailed instructions on how to buy some of the most popular cryptocurrencies in the market.

Cryptocurrencies
Bitcoin (BTC)	Ethereum (ETH)	Cardano (ADA)
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Frequently Asked Questions

What is Bitcoin?

Bitcoin is currently the world’s largest decentralized cryptocurrency, created by Satoshi Nakamoto in 2009. Through blockchain technology on a peer-to-peer (P2P) network, this digital currency enables payments or transactions to be sent over the Internet, directly to the respective recipients.

The advantage of being decentralized is that you have complete control over your own finances without the need to rely on any third party such as a bank or other form of central authority.

How Do You Buy Crypto?

If you are interested in trading and investing in cryptocurrencies, this is done through a vendor or marketplace that exchanges your fiat money (common currencies such as EUR and USD) with the respective cryptocurrency you would like to buy. To help you purchase your first crypto, we have made a step-by-step guide to how you buy cryptocurrency along with a complete list of the best cryptocurrency exchanges available in 2023.

How Do You Store Crypto?

To store your cryptocurrencies safely, the first thing you will need is a secure crypto wallet. Different wallets offer support for different types of cryptocurrencies, so it is important that you choose a wallet that supports the particular cryptocurrency you wish to store. To help you find the most suitable wallet, we have made a complete list of best crypto wallets for storing your cryptocurrencies.

What is Blockchain?

Blockchain is in short a technology and method for carrying out and validating transactions. The approach used by blockchain is through a distributed database or register where the information of the respective transactions is stored in blocks (mass of information) in chronological order. You can compare the method a bit like a logbook or journal where each page consists of a certain amount of information and it is impossible to delete previous pages in the logbook.

In order for a new transaction to be approved, the majority of the network over which the database is distributed must together validate that the new block containing all transactions matches the previous block. Since the information is stored permanently in blocks, in chronological order and through hashing algorithms it will be incredibly difficult and almost impossible to manipulate any previous blocks as the entire network must approve the change.