#CryptoFees101

Cryptocurrency 101 introduces the basics of digital currencies like Bitcoin, Ethereum, and others. Unlike traditional money, crypto currencies are decentralized and use blockchain technology—a secure, transparent ledger. Each transaction is verified by a network of computers (nodes) and recorded immutably. Users store their crypto in digital wallets and access it using private keys. Trading often happens on crypto exchanges, and prices are highly volatile. Key concepts include mining, smart contracts, and tokens. While offering innovation and financial inclusion, crypto currencies also pose risks like scams and regulatory uncertainty. Understanding these fundamentals is essential before investing or using crypto in everyday transactions.

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