Advantages & Disadvantages of Cryptocurrency in 2024 – Forbes Advisor INDIA

A cryptocurrency is a virtual or digital currency. Cryptographic systems secure it, and it can be used to make safe online transactions without mediators. 

“Crypto” refers to cryptographic techniques and several encryption algorithms that help secure these records, such as hashing functions, elliptical curve encryption, and public-private key pairs. Investors must know that cryptocurrencies are private digital currencies that the government of India has not approved. 

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