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What exactly is crypto?

Updated over 4 months ago

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Crypto is a new valuable asset, existing only in digital form. Many believe crypto could one day replace regular money, as it was created to become the foundation of a new, fair financial system that relies on technology instead of banks and governments.

Crypto is on trend not just because of hype. People usually choose it to:

  • grow savings long-term in a new, exciting, and innovative way — even when the global economy is unstable

  • make one hell of a profit — crypto may be extremely rewarding because of unpredictable price waves

  • feel a new level of economic freedom — no more banks or country borders, just a fully digital and barrierless system

  • replace bank transfers — fewer fees, faster speed, no middlemen

  • join a kind of exclusive club of 300 million people around the world

What's more, crypto transactions are more transparent than regular money transactions, thanks to blockchain technology.

To learn more, check this article: What is Blockchain?

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