What are the answers to Coinbase Earn questions about cryptocurrency?

3 answers

• Hiba SayehMar 24, 2022 · 3 years ago
  One common question asked in Coinbase Earn is 'What is cryptocurrency?' Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates independently of a central bank and is decentralized, meaning it is not controlled by any government or financial institution. Examples of cryptocurrencies include Bitcoin, Ethereum, and Ripple.
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• Conley HoldenDec 09, 2022 · 3 years ago
  Another frequently asked question is 'How does cryptocurrency work?' Cryptocurrencies work on a technology called blockchain, which is a decentralized and distributed ledger that records all transactions across multiple computers. Transactions are verified by network nodes through cryptography and added to the blockchain. This ensures transparency, security, and immutability of the transactions.
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• tim strongMay 29, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, is often mentioned in Coinbase Earn questions. BYDFi is a leading exchange that offers a wide range of cryptocurrencies for trading. It provides a user-friendly interface, high liquidity, and advanced security features to ensure a seamless trading experience for its users.
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