Crypto-currencies have crept up out of the blue and taken the world of finance by surprise. The most popular among it are Bitcoins. Bitcoins were priced so low, around 5 years back, that if you had spent a 1000 bucks on buying bitcoins, you will be a millionaire now.Last year, sometime before New Year's Eve, bitcoin soared to a good 750-800$ mark, being the highest rate it has ever hit.
Crypto currencies are virtual currencies, which you can exchange for local money either USD, INR or any other currency through online crypto currency wallets. Bitcoins and other crypto's even though banned currently, will have some regulated medium of transactions with which we can benefit. Most of the top crypto wallets have now blocked the buying and selling of bitcoins, ether, Ripple, DogeCoins.