Cryptocurrencies are known for their extreme security and anonymity to the highest level. Transactions made by this system can neither be reversed nor faked. In cryptocurrency the fees are at the lowest level, making it more reliable than the conventional currency in the marketplace. Its decentralized nature means they can be available to everyone. The decentralized property of cryptocurrency explains why we do not have to trust anyone as there is no central authority that looks after the cryptocurrency unlike banks that have full control of our money. Cryptocurrencies are growing and empowering and they also provide an alternate asset class to investors to gain profits.