According to Wikkipedia, cryptocurrency is "a controversial digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets." Cryptocurrency is a kind of digital currency, virtual currency or alternative currency. It uses decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
There are many reasons why we should engage in cryptocurrency trading. cryptocurrencies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs. Immediate Settlement of fund and doesn't take time as our formal banking systems do. Also, there aren’t usually transaction fees for cryptocurrency exchanges because the miners are compensated by the network. There is no Identity Theft and users are kept safe. Cryptocurrency uses a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information.