Innovative application will pay users to save money and receive content from the bank, generating more cross-selling opportunities and revenue.

I am a huge advocate for financial literacy and believe that everyone, no matter how young or old, can benefit from learning something about managing finances — especially when it comes to investments. And there may not be an investment on the market more complicated, controversial or buzzworthy than cryptocurrency.

If you’re reading this article, then you probably need a little help understanding what crypto is and how it works. According to a recent survey, only about 17% of investors who have bought crypto “fully understand” its value and potential.

Investing Without Understanding

According to the same survey, more than one-third of buyers have absolutely no knowledge about crypto or would classify their level of understanding as “emerging.” How can people invest their money in something they don’t quite understand, or worse, know nothing about? The answer is simple: investor FOMO (fear of missing out).