Cryptocurrency is a digital currency which is based on blockchain technology and does not rely on any central authority like banks, governments, etc.
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Cryptocurrencies are created through the mining process. It is a very complex process in which miners have to solve complicated mathematical puzzles by using computer power.
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If the users want to buy cryptocurrency, then they can buy it from brokers, online exchanges, and also directly from the currency holders.
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After buying, the user can store their cryptocurrency in a digital wallet. Remember that digital wallets can be hot, cold, custodial, or physical wallets.
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You can transfer cryptocurrencies from one digital wallet to another.
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