By definition,  cryptocurrency refers to an online currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than a centralized authority. Best 2022 Cryptocurrency online trading course or simply put, Cryptocurrency refers to the technology that acts as a medium for facilitating the conduct of different financial transactions.

According to Merriam Webster, cryptocurrency is any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions.

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