What are digital currencies?

Cryptocurrencies or virtual currencies are digital currencies used in the buying and selling of goods and services with strong encryption so that transactions can be completed safely over the Internet.
Digital currencies operate using Blockchain technology, which is a database that records the source of digital assets in an immutable and transparent manner through the use of decentralization and encrypted hashing, so it is difficult or even impossible to hack them.

Digital currencies are characterized by the fact that they are not bound by geographical or political borders, as transactions can be carried out via digital currencies from anywhere in the world. Interest in these currencies increased after the spread of the term “trading in digital currencies,” through which currencies are bought and sold to achieve real financial profits from them.
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