l FAQs Archive - Page 16 of 16 - CryptoCurrency Complete Guide

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How cryptocurrency trading works

The simplest way to trade a cryptocurrency is to first buy it from a cryptocurrency exchange using fiat currency (cash). Then you can either sell it later at a profit (or loss). You can also trade your initial cryptocurrency for...

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How cryptocurrency mining works

This is another question with a very complex question answer which we will attempt to simplify. Cryptocurrency mining is a computer process which uses special software and hardware to verify that a group of recent cryptocurrency...

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How cryptocurrency works

To super simplify this answer, A currency owner uses their wallet software and their “private keys” to initiates a transaction (represented by messages) to send money to someone else’s cryptocurrency address. That message is...

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