Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies, it operates on decentralized networks based on blockchain technology. Bitcoin, Ethereum, and Binance Coin are popular examples. Transactions are peer-to-peer and recorded on a public ledger, ensuring transparency and reducing fraud. However, prices can be highly volatile, making it a risky investment. Security is crucial—wallets and private keys must be protected. Regulations vary by country, and some governments restrict or ban crypto use. Understanding these basics, including risks, legality, and technology, is essential before investing or using cryptocurrency for transactions or trading.Here we share every update you need in the crypto space.
This is not a financial adviser always do your research.
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