You can do quite a lot of things with cryptocurrency. A cryptocurrency is a type of virtual or digital currency that can be used to pay for goods and services. Since no actual coins or bills are used, all transactions involving cryptocurrencies must be carried out online. To ensure that online transactions are totally secure, it deployed an online ledger with powerful cryptography.

Cryptocurrency is very useful in;
1. Low-cost money transfers
One of the most well-known uses of cryptocurrency is for sending and receiving payments at low cost and high speed.

2. Earn interest on Bitcoin and other cryptocurrencies with 'Yield Farming'
Successfully trading crypto for profits requires a lot of time, experience and skill and instead many cryptocurrency owners are holding their coins for long term gain.

3. Invest in innovative early-stage startups;
The emergence of digital token-based fundraising has allowed anyone with an Internet connection to become an investor in innovative early-stage tech startups, while at the same time providing new startup ventures with much-needed seed capital
4. Cryptocurrencies can be used as a hedge against inflation;
Over the years, it's been known that inflation eats into the currency value of a nation, in Nigeria for example what a NGN100,000 could purchase as at January 2022 is not what it can purchase again in October 2022 because of inflation, the purchasing power has dropped due to drop in value. But anyone who, for example has been saving in USDT or using the USD savings, will be able to retain the purchasing power of his NGN100,000, because, it would have increased in value and protected against inflation by now, because the worth will be NGN130,000 by now and that is Hedging your funds against inflation.