Crypto for Beginners in Urdu:
If you are completely new to cryptocurrency, here is a simple introduction:
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What is Cryptocurrency?
Cryptocurrency is a digital or virtual currency that is secured by cryptography. This currency is not controlled by any bank or government.
Examples:
Bitcoin
Ethereum
Litecoin
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What is Blockchain?
Blockchain is a digital ledger (record book) that securely records all transactions. It is public and anyone can view it.
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How to Buy Cryptocurrency?
1. Create a crypto wallet (like Binance, Trust Wallet, Coinbase)
2. Convert Pakistani Rupees to crypto through an exchange
3. Store securely in the wallet
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Advantages:
Transactions without a bank
Global usage
Fast transactions with low fees
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Disadvantages:
High price volatility
Regulatory risks (government restrictions)
Risk of hacking
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Important Tips:
Always do research
Only invest what you can afford to lose
Avoid fraudulent websites or schemes