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Online Trading and Cryptocurrency: What You Need to Know
Over the past decade, the online trading industry has experienced a seismic shift thanks to the rise of cryptocurrency. With digital currencies like Bitcoin and Ethereum making headlines daily and online trading becoming increasingly accessible, understanding the basics of these trends is more important than ever. The Role of Cryptocurrency in Online Trading Cryptocurrencies operate on blockchain technology, a decentralized ledger system that ensures transparency and security. Bitcoin, launched in 2009, was the first digital currency to revolutionize trading, and since then, over 23,000 cryptocurrencies have entered the market as of 2023. According to Statista, the global cryptocurrency market size reached $4.67 billion in 2023, with a projected growth rate…