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Cryptocurrency: Legalities, Storing and Mining

Online
4-5 hours
Free

Course Content

Master the legalities around cryptocurrencies, and understand how to successfully mine and safely store them. This free online course introduces you to the legal issues surrounding cryptocurrencies in the world. It gives you useful insights into how best to store digital currencies as well as how to go about getting involved with cryptocurrency mining and the anonymity of the technology behind it. As cryptocurrencies emerge into mainstream life, this is important knowledge to have so you can mine and store your crypto securely.

Course Details

CollegeAlison
Course ID196223
Course TypeOnline Learning
Course QualificationCPD Certificate
Course Duration4-5 hours
Course FeeFree
Entry RequirementsLike all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary.

At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives.

Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career PathWhat You Will Learn In This Free Course
• List information about current laws regarding currency in the UK
• Describe the way the UK treats cryptocurrency for tax purposes
• Discuss proposed and suggested regulations regarding cryptocurrency in the UK
• Explain the purpose of various types of cryptocurrency
• Detail how to best use cryptocurrency to make purchases
• Discuss how to store your coins
• Explain what mining is and how it applies to cryptocurrency
• List the type of equipment required to successfully mine crypto
• Summarise other tips to help you successfully mine the coins of your choice
• Describe the benefits and drawbacks of anonymous transactions
• List how to increase your anonymity when engaging in cryptocurrency transactions
• Explain how to avoid hacks and other data breaches
Course Code2375

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