Abstract:

Cryptocurrencies have changed the world’s expectations surrounding money. They have continued to evolve in their own space since the first Bitcoin was mined. Having grown rapidly over the past few years, there is now a developing but vibrant marketplace for cryptocurrencies, and a recognition of digital currencies as an emerging asset class. The ability to value cryptocurrencies is becoming critical to its establishment as a legitimate financial asset. This paper aims to identify the approach how to determine Cryptocurrency (including but not limited by Bitcoin) as micro economical item. Due to Crypto stock exchange and crypto exchange portals grow popular appeal and significant customer demand for such service, it has become increasingly important to try to understand the factors that influence its current price (rate) formation. Despite the heavy growth of this market within past years we are still in lack of theoretical base for determine price of the cryptocurrency. By using the comparative method, the authors analyse the scientific literature to find the models for answering the questions of the research. As a result, the authors offer a curtain approach which can be used by real cryptocurrency stock-exchange when they determine the spot price for they customers.