Cryptocurrency is a digital or virtual form of money that uses cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on decentralized networks called blockchains. Bitcoin, the first and most well-known cryptocurrency, was launched in 2009. Since then, thousands of cryptos like Ethereum, Litecoin, and Solana have emerged. They can be used for online transactions, investments, and accessing decentralized applications (dApps) and financial services.

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A basic crypto wallet is a digital tool that allows you to store, send, and receive cryptocurrencies like Bitcoin or Ethereum. Wallets can be hot (connected to the internet) or cold (offline, like hardware wallets). They don't actually hold coins, but rather your private keys, which are needed to access and manage your assets on the blockchain. Choosing the right wallet depends on how often you trade and how much security you need.

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