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What are cryptocurrencies?

Cryptocurrencies are digital coins that are exchanged between different people through digital transactions. Cryptocurrencies exist exclusively in the form of a data stream and are not physically tangible. You can't touch bitcoins and you can't keep Ethereum in your safe. Owning a bitcoin means that every computer on the bitcoin network notes that the corresponding bitcoin is currently in your possession. And, more importantly, it was legitimately created by a so-called "miner". AvaTrade is an industry leading broker with some of the best trading conditions available including the lowest crypto spreads on the market.

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