What Is Cryptocurrency?
Cryptocurrency is a digital form of money that operates on blockchain technology rather than through banks or governments.
Unlike traditional currency, crypto is:
Decentralized – no single authority controls it
Secure – transactions are protected by cryptography
Transparent – recorded on a public blockchain ledger
Borderless – can be sent globally, 24/7
The most well-known cryptocurrency is Bitcoin, designed as peer-to-peer digital cash. Since then, thousands of other cryptocurrencies have emerged, supporting use cases such as:
Payments and remittances
Smart contracts
Decentralized finance (DeFi)
NFTs and digital ownership
In simple terms, cryptocurrency is money built for the internet era, giving users more control over their assets.
Always do your own research before investing.
