The first and obvious addition among cryptocurrency FAQs would turn the emphasis towards definition of cryptocurrencies. Cryptocurrency is basically a digital form of currency with the support of cryptographic security for conducting trusted transactions. The underlying technology which runs cryptocurrencies is blockchain, and it offers a ledger for documenting all transactions.

A crypto token is a representation of an asset or interest that has been tokenized on an existing cryptocurrency's blockchain. Crypto tokens and cryptocurrencies share many similarities, but cryptocurrencies are intended to be used as a medium of exchange, a means of payment, and a measure and store of value.

Although there were cryptocurrencies that forked from Bitcoin and Ethereum previous to the 2017 ICO boom, the first recognized ICO and token was Mastercoin. Mastercoin was created by J.R. Willet and announced on January 2012 via Bitcoin Forum. He titled his whitepaper "The Second Bitcoin Whitepaper."

Between 2012 and 2016, crypto token creation and ICO increased until 2017—token offerings skyrocketed as investors seemed to become aware of them and the possible increase in value they promised. Developers, businesses, and scammers began creating tokens rapidly in attempts to take advantage of the fund-raising boom—so much so that regulatory agencies began issuing alerts to investors warning them about the risks of ICOs.

The ICO bubble burst in 2018—shortly after, initial exchange offerings (IEO) emerged, where exchanges began facilitating token offerings. Exchanges claimed to have vetted the token offerings, reducing the risks to investors; however, scammers used the exchanges to promote their scams.Regulatory agencies issued alerts to investors about the risks involved in participating in an IEO; they also alerted exchanges that they were required to register with the authorities if they were facilitating these fund-raising efforts. The logic was that the exchanges might be acting as alternative trading systems or broker/dealers, which by law are required to register.4 Crypto tokens are still being created and used to raise funds for projects through ICOs. Whitepapers read like pitchbooks, outlining the token's purpose, how it will be sold, how the funds will be used, and how investors will benefit.

Crypto refers to the various encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions. Cryptocurrencies, on the other hand, are systems that allow for online secure online payments.

Crypto tokens generally facilitate transactions on a blockchain but can represent an investor's stake in a company or serve an economic purpose, just like legal tender. This means token holders can use them to make purchases or trades just like other securities to make a profit.

Blockchain tokens include reward, utility, security, governance, and asset tokens.

The reasons for the popularity of cryptocurrencies also set the foundation for some frequently asked questions about cryptocurrencies. Interestingly, you can find various reasons for the popularity of cryptocurrencies. One of the most common reasons for the popularity of cryptocurrencies refers to the assumptions suggesting that cryptocurrencies are the currency of the future. In addition, cryptocurrencies also remove banks and other financial intermediaries from focusing on reducing the value of money. 

The commonly asked cryptocurrency questions for beginners would also point towards the implication of control and ownership of cryptocurrencies. Blockchain does not allocate control to a single entity in the case of cryptocurrencies. However, the creators or developers of cryptocurrencies can set specific parameters such as rules for purchasing or selling cryptocurrency. 

Investment in cryptocurrencies is also one of the notable highlights in cryptocurrency FAQs, especially for beginners. If you want to find out whether cryptocurrencies are a good investment, then you should definitely know that they are volatile. Cryptocurrencies do not generate any cash flow like real currencies and are not stable. A currency should have stability which could help merchants and consumers in deciding the fair price for goods.

The interest in purchasing cryptocurrencies would subsequently lead you to cryptocurrency FAQs related to crypto wallets. Crypto wallets are basically platforms for the secure storage of digital assets in comparison to exchanges. Users could hold a wallet through an exchange account or a custody wallet and even from outside the exchange. As a matter of fact, cryptocurrency wallets help in storing the private keys to your cryptocurrency on the blockchain. 

ITO is one of the important concepts you would come across in best questions about crypto. ICO or Initial Token Offerings are basically a fundraising method used generally by startups and developers who want to launch new cryptocurrency tokens. Developers can collect money in crypto or fiat currency in return for the newly developed cryptocurrency. Buyers rely solely on the assumption that the new crypto token would be used on a large scale, thereby increasing its price. However, an ITO is different from IPOs, or Initial Public Offerings as investments in ITO do not guarantee an ownership stake in the company.