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What Are Assets?
Assets are items of value that can be owned, held and traded. In the world of cryptocurrencies, assets refer to digital tokens or coins which represent a unit of cryptocurrency value. These digital tokens are created using secure blockchain technology and stored in wallets with unique identifiers like public keys. They can be used for payments, trading on exchanges or as collateral for loans. Many different types of assets exist within the crypto space including utility tokens (used to access services), security tokens (representing ownership) and stablecoins (tied to fiat currencies).
