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A cryptocurrency (or crypto) is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions.
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Israel keys, ceo of cryptocurrency exchange bloom solutions, on everything you need to know about crypto.
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These are a few things that you need to know before you buy your cryptocurrency. To enjoy unlimited access to our journalism, subscribe today. Compared to other investments, it can be volatile. If you've decided to invest in the cryptocurrency market, as with any other investment, it's important to do your research before you hand over any money. Cash is (technically) backed by gold, stocks are backed by a company, but cryptocurrencies' value are dictated by their demand.
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Cryptocurrencies are tokens that take up space on a blockchain.
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