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Cryptocurrency is a type of digital currency that relies on cryptography to ensure and confirm transactions. Unlike traditional currencies, cryptocurrencies are not controlled by any central authority, such as a government or a bank. Cryptocurrencies operate on decentralized networks of computers, called blockchains, that keep track of all transactions and coin ownership. Some of the most popular cryptocurrencies are Bitcoin, Ethereum, Tether, and Binance Coin. Cryptocurrencies have many advantages, such as lower fees, faster transactions, and greater privacy.
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