💡 What Are Cryptocurrencies & Altcoins? 🔍

Understand the Basics in 60 Seconds ⏱️

🔶 What is Cryptocurrency?

A digital currency that uses blockchain to record and verify transactions.

✅ No bank needed – you control your money!

📌 Example:

Bitcoin (BTC) – the first and most popular crypto

Ethereum (ETH) – used for smart contracts & apps

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🌐 What Are Altcoins?

"Altcoin" = Alternative Coin (any crypto other than Bitcoin)

🧩 Many serve different purposes – faster payments, gaming, DeFi, etc.

📌 Examples:

BNB – used on Binance for lower fees

Solana (SOL) – fast & low-cost blockchain

Shiba Inu (SHIB) – meme coin with big community

Chainlink (LINK) – brings real-world data to crypto

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🔔 Why It Matters:

Understanding different coins helps you invest smarter.

📲 Explore Bitcoin + 1000+ altcoins on Binance today!

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