cryptocurrencies are a form of digital money which allow you to make purchases online. Unlike regular currencies, they only live online and aren’t backed or controlled by banks and governments. This has advantages as well as drawbacks, which we’ll talk more about later on.cryptocurrency is a digital currency created and stored electronically in blockchains.
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are a type of digital currencies, alternative currencies and virtual currencies.
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