What are crypto assets?
Crypto assets are purely digital assets that use public ledgers over the internet to prove ownership. They use cryptography, peer-to-peer networks, and a distributed ledger technology (DLT)—such as blockchain—to create, verify, and secure transactions. They may be used as a medium of exchange, a way to store value, or for other business purposes. Crypto assets generally operate independently of a central bank, central authority, or government.
Crypto assets can be very volatile and risky. If you chose to buy, sell, or speculate in crypto, be aware you could lose some or all of your funds.
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