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Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional money, cryptocurrencies are decentralized and typically operate on a technology called blockchain, which is a distributed ledger maintained by a network of computers.

The most well-known cryptocurrency is Bitcoin, but there are thousands of others such as Ethereum, Binance Coin, Solana, and Ripple. People use cryptocurrencies for online transactions, investments, and as a way to transfer funds without banks or intermediaries.

Cryptocurrencies are known for their high volatility, anonymity, and potential for profit, but they also come with risks such as hacking, scams, and regulatory uncertainty.

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