$BNB What is Cryptocurrency?

Cryptocurrency is a form of digital currency that exists on a blockchain and uses cryptographic technology. It also acts as a decentralized medium of exchange, verifiable on the blockchain. Its unique features are based on encryption, which facilitates its transfer and utility. The main factors determining the value of cryptocurrency are market forces of supply and demand.

On the other hand, blockchain is a public ledger that records and stores all transactions occurring on the network. Thus, anyone with knowledge and access can easily track the transactions that take place on the blockchain.

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