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Which crypto earns the most interest | For more information, please refer to our Terms of Use and Risk Warning. Bitcoin transactions are more traceable than cash because they are available for public view and it is very difficult to trace the transacting parties on the cryptocurrency's blockchain. Investors who gain the private key to a public address, which is a cryptographic code similar to a password that allows a user to accept cryptocurrencies in their account on the Bitcoin blockchain can authorize transactions. Learn what that means for Bitcoin and other cryptocurrencies. Although some providers allow you to purchase Bitcoin by credit card, it's best to avoid taking on high-interest debt to invest in a risky asset like Bitcoin. Investopedia is part of the Dotdash Meredith publishing family. No worries! |
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