Cryptocurrancy is an electronic money. This currancy is created with technology. This is an electronic currancy there are many electronic currencies like bitcoin,ethereum, litecoin steem coin etc. Almost thousend of the currency are in the market but the most well knowing currency are btc,eth btc cash, dog, Ltc and some others.
Cryptocurrencies are a digital cash designed to be quicker, cheaper and more reliable than our regular government issued money. Instead of trusting a government to create your money and banks to store, send and receive it, users transact directly with each other and store their money themselves. Because people can send money directly without a middleman, transactions are usually very affordable and fast.
People can
mine cryptocurrancy like btc eth and other coins from their computers or feom the mining rigs . In cryptocurrancy nobody go to bank or nobody need bank save their coins every one have their own wallets in their computers. And they will save their transactions histery and other transactions histery in their computers.
The cryptocurrancy is the most valuable and profitable currancy in the world. And in the future every online purchases will be done by cryptocurrancy. And the people can send their mony dorect into their bank accounts.
The current market cap of bitcoin is 64.8 billion dollars. And the value of btc and cryptocurrancy is increasing day and night. The current price of one bitcoin is $11348 dollars.