What is cryptocurrency? Cryptocurrency is a new digital currency that is decentralized, free from governmental regulations and controlled by the entire network instead of one company or person. Transactions are made directly from person to person, online and outside of any central bank or government. The encryption used for cryptocurrencies makes them more secure than traditional money and the decentralized nature of its transmission means no third party can intervene with funds. Cryptocurrencies are digital coins that are generated and secured using the Blockchain technology. The number of cryptocurrencies currently in use is increasing at an alarming rate, but so too is the concern from governments, regulators and financial authorities over their legitimacy and their potential impact on consumer protection and financial stability. There are many cryptocurrency that are in the market and have different features, prices and functions. Cryptocurrency is not a new concept and has been