Unlike the cash, debit cards, or credit cards of the past, crypto currency offers the promise of low fees, secure transactions, and the ability to spend funds right away. However, despite its appeal, there are a number of concerns associated with cryptocurrencies.

One of these is the absence of legal tender status, which could make it difficult to convert your cryptocurrencies into cash. Moreover, high volatility makes it difficult to invest. In addition, a lack of regulation makes it easy for criminals to launder money.

While the most famous of all cryptocurrencies, Bitcoin, has been around for several years now, other cryptocurrencies, including XRP and Ether, have recently caught the eye of the masses.

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