#CryptoClarityAct
🔑 1. Blockchain
Think of it like a notebook that records all the transactions.
✅ Once something is written (a transaction), it can’t be changed.
✅ Everyone on the network can see it, so it’s very transparent.
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🪙 2. Cryptocurrency
This is digital money built on blockchain.
Famous ones include:
Bitcoin (BTC) – the OG, like gold.
Ethereum (ETH) – more advanced, like smart money.
BNB, Solana, XRP, etc. – different purposes, different speeds, different fees.
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👛 3. Wallet
Your crypto wallet is like your digital bank account.
You need it to store, send, or receive crypto.
Two main types:
Hot Wallet (online – like Trust Wallet, Metamask)
Cold Wallet (offline – more secure, like a USB stick)
> ⚠️ Never share your wallet’s private key or seed phrase – that’s like giving someone your bank PIN.
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⛽ 4. Gas Fees
This is the fee paid to process a transaction on a blockchain.
On Ethereum, gas fees can be high.
On chains like Solana or BNB Smart Chain, they’re cheaper.
> 💡 Think of gas like airtime, without it you can't send or do anything on the network.
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💹 5. Exchange
A crypto exchange is a platform where you buy/sell crypto.
Examples:
Centralized (CEX): Binance, Coinbase, Luno
Decentralized (DEX): PancakeSwap, Uniswap (you need a wallet to use them)
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📈 6. HODL
Means “Hold On for Dear Life” – a slang term in crypto that means don’t sell, even during market drops.
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🧠 7. Altcoins
Any crypto that’s not Bitcoin is called an altcoin.
Examples: ETH, ADA, SHIBA, XRP, MATIC, etc.
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💰 8. Stablecoin
A crypto that stays stable, usually tied to the US dollar.
Examples:
USDT (Tether)
USDC (USD Coin)
Good for saving value without market swings.
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🦹 9. Rug Pull / Scam
A fake crypto project where the creators run away with your money.
Always:
Research before you invest.
Check if the project has real people, real code, real purpose.
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🧾 10. DYOR (Do Your Own Research)
Don’t just follow hype. Always research the project
