The cryptocurrency is a digital currency built with cryptographic protocols that make transactions secure and transparent to the public blockchain. The most important feature of a cryptocurrency is that it is not controlled by any government authority or country.
It’s decentralized and nature of blockchain makes cryptocurrency technically faster and more useful to the old ways of government-controlled fiat currency, for cross-border transactions.
cryptocurrencies make it easier to conduct any transactions for transfers are simplified through the use of public and private keys for security and privacy purposes. These transfers can be done with minimal processing fees, allowing users to avoid the big fees charged by traditional financial institutions.