Hi Ritika. Cryptocurrency is a digital currency stored in a digital wallet. It is a peer-to-peer transaction and doesn’t require banks to verify any transactions, it’s decentralized money, based on blockchain technology. Any investor can purchase from famous crypto exchanges like Coinbase, Cash Apps, etc.

Hello Ritika! Crypto currency is a digital currency in which transactions are verified and secured through cryptography. It only exists electronically and is based on blockchain technology (Open distributed ledger that records transaction in code). It is used to buy regular goods and services and people often invest in it as an asset. For example- Bitcoin. If you want to learn more about this, you can enroll in the course we provide (https://seekho.ai/courses/cryptocurrency-become-an-expert-/CT-131-28271 ) at Seekho. Hope this was helpful.

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. Read more on https://www.investopedia.com/terms/c/cryptocurrency.asp