What is Cryptocurrency
Cryptocurrency is a digital or virtual currency that is secured through cryptography. These currencies are not under the control of a central bank or government, but operate under a decentralized system, such as blockchain technology.
Key Features:
This currency exists only in digital format and has no physical note or coin.
Blockchain:
This is a digital ledger that records all transactions.
Security:
Transactions are secured through cryptography.
Decentralized:
There is no central controller, such as a bank or government.
Famous Cryptocurrencies:
Bitcoin
Ethereum
Ripple
Litecoin
Usage:
Online shopping
Investment
Money transfer
If you want, I can explain with a simple example as well. Do you need more details or an explanation in Urdu with a graph?