How does a cryptocurrency transaction work?

A cryptocurrency transaction works by transferring the ownership of a unit of cryptocurrency from one investor to another. To make a transaction, a user will send a request to the blockchain network. That request includes the address of the recipient, the amount of cryptocurrency to be sent, and the user’s own digital signature. The network then verifies the request before broadcasting it to all users on the blockchain and adding the transaction to the public ledger. Once added to the distributed ledger, the transaction is immutable and cannot be undone. At this point, the new owner can access their funds by using the private key associated with their wallet.