Digital currency, such as Bitcoin, is based on blockchain technology which provides a high level of security. Transactions are encrypted and stored on a decentralized network of computers, making it very difficult for hackers to manipulate. However, like any form of technology, there are still some security risks involved such as phishing scams, hacking of cryptocurrency exchanges, and fraudulent schemes. It is important for users to take precautions to secure their digital currency by using secure wallets, enabling two-factor authentication, and being cautious of sharing personal information.
