Can you explain how cryptocurrency works?
Sure! Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates on a technology called blockchain.
What is blockchain and why is it important for cryptocurrency?
Blockchain is a decentralized ledger that records all transactions across a network of computers. It's important because it ensures transparency and security.
How do people buy and sell cryptocurrencies?
People can buy and sell cryptocurrencies through exchanges, where they can trade traditional currency for crypto or swap different cryptocurrencies.
Are cryptocurrencies safe to invest in?
Investing in cryptocurrencies can be risky due to their volatility. It's important to do thorough research and consider your risk tolerance.
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