Cryptocurrency is a type of digital currency that uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. It operates independently of a central bank and uses a decentralized system, known as a blockchain, to record transactions and manage the issuance of new units. Cryptocurrencies can be used as a medium of exchange for goods and services, and they can also be traded on digital exchanges like traditional currencies. Examples of popular cryptocurrencies include Bitcoin, Ethereum, and Litecoin.

Cryptocurrency is a type of digital currency that uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. It operates independently of a central bank and uses a decentralized system, known as a blockchain, to record transactions and manage the issuance of new units. Cryptocurrencies can be used as a medium of exchange for goods and services, and they can also be traded on digital exchanges like traditional currencies. Examples of popular cryptocurrencies include Bitcoin, Ethereum, and Litecoin.