A digital asset that uses cryptography to secure cryptocurrency transactions, the way it works is designed as an alternative to cash exchange, is a virtual element.
In other words, it uses encryption to ensure the realization and the security of money transfers and to control the production of cryptocurrencies. It is valuable because it is believed to be valuable, it cannot be imitated, it is registered, the security of its records, namely the accounting books, is provided with crypto techniques, which is almost impossible to break, and the institution that minted the money is less likely to decrease its value by arbitrary practices or accidentally.
These are a kind of digital currency, alternative currency and virtual currency and are stored in digital wallets. Crypto money is basically an electronic money and it has the same general features. It is also a network (network) money that is stored, transferred and used in digital form in electronic media, especially over a computer network such as the Internet.