In simple words, cryptocurrency is a digital asset . The name originates from the fact that all of its transactions are highly encrypted, making the exchanges highly secure. It is decentralised in nature, unlike traditional currencies, which are managed and controlled by a central authority.
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It can be used to store value and as a means of exchange between two parties doing business with each other. Examples of coins include Bitcoin and Litecoin (CRYPTO:LTC) . Tokens, on the other hand, have far more use than just digital money.
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