The advantages of cryptocurrencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure . The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.
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5 disadvantages of cryptocurrency
Read moreWhy is crypto not safe?
Phishing scams Crypto is secured through the use of personal keys, which are essentially password phrases. Many scams attempt to gain access to your private keys. Always keep these keys secure, and do not share them with anyone.
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