The digital transformation has elevated the need for digital-based solutions across all industries. These solutions not only assist businesses in reaching a worldwide audience, but they also assist enterprises in dealing with widespread digitalization.
A cryptocurrency safeguarded by cryptography technology is one such disruptive digital money that is all the rage in the current internet era. Almost every cryptocurrency in circulation is a decentralized network based on blockchain technology. Devoid of the interference of a middleman or a central authority, Bitcoin provides people all over the world with real new opportunities and possibilities.
The cryptocurrency industry is predicted to expand from USD 1.6 billion in 2021 to USD 2.2 billion by 2026, overdue to its high demand and rising popularity. Even though the crypto market gives several fair advantages such as portability, divisibility, inflation resistance, and transparency, not every crypto exchange platform has been discovered to exploit the full-fledged benefits previously described.
This low success rate and failed security outweighed the currency's downsides like as unlawful activities, exchange rate instability,