#MyTradingStyle Cryptocurrencies (i.e., digital currencies that operate through asymmetric encryption) number about a thousand in the world, but the most famous is Bitcoin. Recently, interest in Bitcoins has increased in Ukraine due to their rapid price growth.

"This is a new type of asset that differs from the regular money or other financial assets we are used to. It differs from money in that you own the currency directly, and no bank or regulatory authority is needed for this. It is stored in a personal electronic wallet," explains Vadim Popov.

The unit of cryptocurrency is a code that is generated as a result of complex computer mathematical calculations.