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What is Digital Currency - Types of Digital currency - CryptoCurrency - digital currency explainedDigital currency is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central. Thus, demand for digital currencies would likely be higher in countries where those costs are relatively high, and cross-border payments are slow or opaque. Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure.