Investment in digital currencies in any part of the world, including in countries like India, is gaining traction rapidly. The appeal of enormous profits and the revolutionizing potential of blockchain technology have lured many traditional investors into this new asset class. However, before venturing into this domain, a thorough understanding of its fundamentals is crucial.
Digital currencies, unlike traditional currencies, exist only in the digital world. They are commonly decentralized, indicating that they don’t rely on a central authority or government for operation. These digital assets leverage blockchain technology for transactions, enhancing transparency and security
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