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What is CryptoCurrency? - Everything About Bitcoin \u0026 Cryptocurrencies Explained for BeginnersCryptocurrency (or �crypto�) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant. Cryptocurrencies are digital tokens. They are a type of digital currency that allows people to make payments directly to each other through an online system.