Cryptocurrency

Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, making it difficult to counterfeit. Unlike traditional currencies issued by governments (fiat money), cryptocurrencies operate on decentralized networks based on blockchain technology. This decentralized structure allows for peer-to-peer transactions without the need for intermediaries like banks. Popular examples include Bitcoin, Ethereum, and Litecoin. Cryptocurrencies offer advantages such as lower transaction fees, increased privacy, and global accessibility, but they also come with risks, including high volatility and regulatory uncertainties. As the market evolves, cryptocurrencies are becoming increasingly integrated into mainstream financial systems.