How much does it cost to build a crypto exchange app ? Cryptocurrency is a digital and virtual currency backed by crypto. This makes double spending impossible. Many other cryptocurrencies are decentralized networks based on blockchain technology. Cryptocurrency is a type of digital asset that can be used as a form of payment. . Cryptocurrencies do not occur in physical form like paper or coins. The UI and UX of cryptocurrency can be easily understood by anyone. Newcomers can easily understand the cryptocurrency trading industry and start trading quickly with a low learning curve.