Anonymity: For users seeking privacy, cryptocurrency transactions are completely anonymous.
Transparency: In spite of the anonymity of transactions, the data is recorded on an open ledger using blockchain technology. As a result, data is transparent and available to the public at any time.
Decentralization: Unlike government-backed monetary policies or central banks, cryptocurrency is not issued or backed by any central bank.
Potential for quick gain: In the first four months of 2021, Bitcoin, which was the most popular cryptocurrency at the time, more than doubled in price before falling again. It has been reported that some crypto gains have exceeded 200% on a daily basis