Cryptocurrencies come with a set of features that make them different from traditional money and appeal to a wide range of users. One of the most important features is decentralisation. Most cryptocurrencies operate on networks that are not controlled by a single authority. This reduces dependence on banks and allows transactions to happen directly between users. Blockchain technology supports this system by recording every transaction in a transparent and secure ledger.

Another key feature is security. Cryptocurrencies use cryptographic methods to protect transactions and wallet balances. This makes it difficult for outsiders to alter records or fake ownership. Many users also value the privacy offered by cryptocurrencies. While transactions are recorded on a public ledger, personal identities are not always attached to wallet addresses. This gives users more control over their information.

Speed and accessibility are other important features. Crypto transactions can be completed quickly, even across borders, without relying on traditional banking hours. This makes them useful for people who need fast payments or lack access to financial services. Cryptocurrencies are also known for their divisibility, allowing users to buy, sell, or send even very small amounts.

Another feature is scarcity. Many cryptocurrencies have a limited supply, which can influence demand and price over time. Finally, programmability stands out in networks like Ethereum. Developers can build applications, smart contracts, and digital assets directly on the blockchain. Together, these features make cryptocurrencies a unique and evolving part of the financial landscape.