cryptocurrency

/ˌkrɪptoʊˈkʌrənsi/

digital or virtual currency using cryptography

Bitcoin is the most well-known cryptocurrency.

Bitcoin is the most famous digital currency secured by cryptography.

technical

A type of digital or virtual currency that uses cryptography for security and operates independently of a central bank.

Many investors are now considering cryptocurrencies as an alternative asset class.

People are increasingly viewing cryptocurrencies as a new type of investment.

Cryptocurrencies are decentralized and often use blockchain technology.

Collocations

cryptocurrency exchangea platform for trading cryptocurrenciescryptocurrency walleta digital wallet for storing cryptocurrencies

a decentralized digital ledger technology

decentralized finance

Cryptocurrencies are not physical money but exist only digitally and are secured by cryptographic techniques.

Always use secure wallets and exchanges to protect your cryptocurrency investments.

From 'crypto-' (meaning hidden or secret) and 'currency' (a system of money). Coined in the early 2000s with the rise of Bitcoin.

The term is commonly used in discussions about blockchain technology, decentralized finance (DeFi), and digital assets.

crypto

hidden or secret

prefix

currency

a system of money

root

English Dictionary