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⁣What is a crypto exchange?

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⁣These are drawn beneath rising prices and indicate levels where buying interest is strong enough to overcome selling pressure. Traders may use support trendlines to identify potential buying opportunities or to set stop-loss orders.

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⁣Cryptocurrencies operate on decentralized networks, typically based on blockchain technology. This means they are not controlled by a central authority, such as a government or financial institution. This decentralization provides a level of security, transparency, and resistance to censorship.

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⁣why do we need wallets if we can store assets on the exchange?

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⁣he amount of money available for trading determines the size and frequency of trades. More capital generally provides greater trading power.

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⁣The Simpsons predicted the crypto price!

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