⁣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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⁣What is a crypto exchange?

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

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

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⁣Overall, cryptocurrency trading offers opportunities for profit but requires careful research, analysis, and risk management to be successful. It's essential to stay informed about market trends, technological developments, and regulatory changes that may impact cryptocurrency prices and trading activities.

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