How does crypto stocks work

how does crypto stocks work

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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)
When investors buy a cryptocurrency, they are betting that the value of that asset will increase in the future, just as stock market investors. A cryptocurrency exchange works similarly like stock exchanges which helps the investors to buy and sell in digital currencies such as Bitcoin. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets. Cryptocurrency received.
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How well the company is doing also determines the value of your shares. Users can also buy the currencies from brokers, then store and spend them using cryptographic wallets. Other things to consider include how crypto is taxed and what you can buy with cryptocurrency.