The term “unbanked” refers to individuals who do not have access to traditional banking services. This includes those who do not have bank accounts or the ability to obtain loans and credit from financial institutions. In many cases, the unbanked are excluded due to various barriers, such as lack of identification, high fees, or physical distance from banks. This can make it difficult for them to participate in the economy, manage their finances, or save money.Cryptocurrency presents an alternative for these individuals. With the ability to transact without needing a bank account, cryptocurrencies facilitate direct peer-to-peer exchanges. Users can send and receive funds anywhere without relying on traditional banking infrastructure.Moreover, cryptocurrency often comes with lower transaction fees and faster processing times compared to banks. This allows the unbanked to access financial services they might not have otherwise. Ultimately, cryptocurrency offers the potential for greater financial inclusion for those previously marginalized by the banking system.