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Unlike the traditional banking system, where all transactions go through a central control authority, cryptocurrencies do not require intermediaries or bank visits. Transactions in cryptocurrency are carried out directly between network participants using special programs or wallets that allow you to send and receive digital assets.

What is cryptocurrency and how does it function?

Representatives' response:

Cryptocurrency is a digital or virtual form of money used to make online transactions. Its feature is the use of cryptography to ensure security and control the creation of new currency units. One of the most famous examples of cryptocurrency is bitcoin.