The emergence of cryptocurrency has marked its importance in this era but its future is still debatable. Though they might face some issues recently, its success since its launch in 2009 have inspired the world, and it makes way to other alternative crypto currencies. Now crypto currencies can be found in the main stream financial systems. While considering success or failure of crypto currencies in the future, one should consider the fact that they faced many challenges. The most common and well- known cryptocurrency is that Bit coin. The basic structure has been created in 2008. Due to many reasons its demand has been initially increasing day by day. Cryptocurrency is a very convenient tool to exchange the value without the help of any middleman. This research paper conduct a study about the factors influencing the use of cryptocurrencies, restriction of usage of cryptocurrency.