What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central authority, such as a government or financial institution. Cryptocurrencies leverage blockchain technology to secure transactions, control the creation of new units, and verify the transfer of assets. Bitcoin, Ethereum, and Litecoin are examples of popular cryptocurrencies, each with its own blockchain and unique features. Cryptocurrencies offer decentralized, borderless, and secure means of transferring value and conducting transactions.