💡 Lesson Two:
💰 What is the difference between digital, encrypted, and stable currencies?
Many people confuse them, but the difference is very simple 👇
🔹 Digital Currencies
Any currency used electronically — like digital dollars or electronic riyals.
However, they are often under the control of a central bank, meaning there is an entity that controls them.
🔹 Cryptocurrencies
Here is the real magic 😎
These are currencies built on blockchain, without any bank or intermediary.
Like: Bitcoin – Ethereum – BNB
Control is decentralized, and every transaction is recorded on a public network.
🔹 Stablecoins
Like a bridge between the two worlds 💵
These are digital currencies linked to a stable value (often the dollar), like USDT – USDC – DAI
Useful for trading without large price fluctuations.
👀 In summary:
Digital = Electronic but centralized.
Encrypted = Decentralized and secure.
Stable = A mix of the two, to maintain stability.
🚀 Follow us in the next lesson to know how to open a secure account on Binance and take your first real step!
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