Introduction to Cryptocurrency
What is Cryptocurrency?
💡 Cryptocurrency is digital money that uses cryptography to secure transactions and control the creation of new units.
✅ Examples:
$BTC Bitcoin (BTC) — the first and most popular cryptocurrency.
$ETH Ethereum (ETH) — famous for smart contracts.
$BNB Binance Coin (BNB) — used for lower fees on Binance.
🌐 Key Points:
No physical coins or notes — it’s all digital.
Peer-to-peer system — no single owner like a bank.
Transactions are verified by computers worldwide.
1.2 Why Use Cryptocurrency?
Allah ka hukam se, seek the knowledge of crypto and understand its benefits.
✅ Faster Transactions: No middleman means quick payments, even internationally.
✅ Lower Fees: Usually cheaper than banks or money transfer services.
✅ Global Access: Anyone with internet can use crypto, no matter where they live.
✅ Transparency: All transactions are recorded on a public ledger called the blockchain.
1.3 Risks & Rewards
Allah ka hukam se, trade with responsibility and avoid greed.
⚠️ Volatility: Prices can change quickly — profits are possible, but so are losses.
⚠️ Scams: Always double-check any offer that seems too good to be true.
⚠️ No Refunds: Once a transaction is done, it cannot be reversed — trade carefully.
💪 Rewards:
Potential high returns if invested wisely.
Learning new technologies and opportunities for growth.
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