WHAT IS CRYPTOCURRENCY?
A cryptocurrency is just like a digital form of cash. You can use it to pay friends for your share of the bar tab, buy that new pair of socks you've been eyeing up, book flights and hotels for holiday. Cryptocurrency is digital. It can also be sent to friends and family anywhere in the world.
WHY IS IT CALLED CRYPTOCURRENCY?
The name cryptocurrency is a combination of cryptography and currency.
"Cryptography", we use advanced math to secure our funds, making sure that nobody else can spend them.
"Currency" is money