Cryptocurrency is a digital currency, which is designed to work as a medium of exchange that uses strong cryptography to secure financial transaction. This tradable digital form of money builds on the blockchain technology that only exists online. The main difference between cryptocurrencies and traditional financial models is in the decentralized nature of cryptocurrencies. Almost everyone is aware of the latest cryptocurrencies trend and knows it’s not controlled by any central authority. Its decentralized nature makes cryptocurrency immune to the traditional ways of government control and interference. It’s a simplified way to transfer money using the internet in the most secure way.