A cryptocurrency is an encrypted digital or virtual currency. This is a new form of digital money where users can convert their traditional money like the U.S. dollar digitally and purchase items in the digital economy. In recent years cryptocurrencies like Bitcoin, Ethereum, and Dogecoin have started permeating into mainstream trading with businesses like Microsoft, Home Depot, Starbucks, Whole Foods, AT&T, and Amazon accepting cryptocurrencies.
What Exactly is Cryptocurrency?
What is cryptocurrency? Simply put a cryptocurrency is any form of digital currency that exists digitally or virtually, secured through cryptography making it nearly impossible to counterfeit or double-spend.
