The Telegraph reports that anonymity and strict security in the transaction system are the two main reasons why people are attracted to cryptocurrency or virtual currency. In this system, once a transaction is made, it is difficult to bring it back. At the same time it has gained more reliability to the customers as the transaction cost is less. Its decentralized technology means that everyone has a digital currency at their fingertips.Where in the conventional monetary system no customer gets service without opening an account in a bank or other financial institution.
Another reason to be attracted to the cryptocurrency market is that it has the potential to make huge profits with less investment.This is because the exchange rate of cryptocurrencies fluctuates more than the conventional monetary system. So there is a chance to get rich overnight. This is exactly why investments in Bitcoin cash or other top digital currencies have increased in recent years.