$BTC If we give a simple definition of cryptocurrency, it is a computer code. It is created using encryption (cryptographic) methods and mathematical calculations. Encryption ensures anonymity, security, and reliability.

Unlike regular money, cryptocurrencies do not have a physical form and are not administered by banks or governments. That is, there is no central authority that can control the exchange rate or circulation of virtual currency. The exchange rate of cryptocurrency is determined by demand in the open market.$BTC