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Cryptocurrencies, or what is known as "crypto", are digital assets that use encryption (cryptography) to secure transactions and control the creation of new units. The most famous example is Bitcoin.
How are they traded?
Cryptocurrencies are traded on dedicated trading platforms that operate 24/7. Traders can buy and sell these currencies based on current market prices, aiming to profit from price fluctuations.
Risks and Tips
* High volatility: Cryptocurrency prices are extremely volatile and can rise or fall significantly in a short period.
* Fraud: There are many scams in this field, so always research and verify the credibility of any project before investing in it.
* Tip: Start with a small amount that you are not afraid to lose and continue researching and studying to better understand the market.
