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For trading cryptocurrency, you'll have to incur a smaller fee for the transaction. Another important characteristic of cryptocurrency is the technology backing it. The blockchain, a distributed ledger recording transactions, ensures that the system is decentralized and safe from privacy intrusions. Meanwhile, it's yet to be clear whether or not RBI’s digital currencies would depend on the distributed ledger format. The crypto market has witnessed sharp volatility in the wake of the Russia-Ukraine disaster and sharp rally in commodity prices, as traders tend to scale back their danger portfolio and shift focus to safer belongings similar to gold and dollar. Advertisers Should Put Disclaimers For Extremely Risky Cryptos From Apr 1: Asci Filecoin has zoomed into the top 20 listing with a big 22 per cent enhance, followed by Chainlink , Internet Protocol , Polkadot , Terra and Bitcoin Cash registering features of more than 5 per cent. President Joe Biden issued an government