What is a crypto currency

Vikas sakpal

What is a crypto currency

technology ensures that transactions are secure, transparent, and irreversible.

Limited Supply: Most cryptocurrencies have a limited supply, meaning that there is a finite number of them that will ever exist. For example, Bitcoin has a maximum supply of 21 million coins.

Volatility: Cryptocurrencies are highly volatile, meaning that their value can fluctuate rapidly and dramatically. This is due to a variety of factors, including market demand, news events, and regulatory changes.

Use Cases: Cryptocurrencies have many potential use cases, including as a medium of exchange, a store of value, and a means of investment. They can be used to purchase goods and services online, to transfer funds across borders, or as a speculative investment.