Cryptocurrency is money in digital form. That implies that there is no physical coin or bill, all of it is online. Without a go between, like a bank, you can transfer crypto currency to someone online. Bitcoin and ETH are well known cryptocurrencies.

Cryptocurrencies could be used by people for quick payments and to avoid transactions fees. As an investments, some could get cryptocurrencies, hoping the value goes up. With a credit card, you can purchase cryptocurrency or, in some cases, get it through a process called mining. Cryptocurrency is stored either online, on your computer, or on other hardware in a digital wallet.