cryptocurrency

noun
UK: /ˌkrɪptəʊˈkʌrənsi/
US: /ˌkrɪptoʊˈkɜːrənsi/

  1. A digital or virtual currency that uses cryptography for security, making it difficult to counterfeit or double-spend.

    1. I bought some cryptocurrency.
    2. Investing in cryptocurrency carries a high degree of risk due to its volatile nature.

  2. A form of digital money based on blockchain technology, often decentralized and operating independently of a central bank.

    1. Cryptocurrency is a new way to pay.
    2. The rise of cryptocurrency has prompted discussions about the future of finance and regulation.

Frequently Asked Questions

The word "cryptocurrency" in English means: A digital or virtual currency that uses cryptography for security, making it difficult to counterfeit or double-spend., A form of digital money based on blockchain technology, often decentralized and operating independently of a central bank..

The phonetic transcription of "cryptocurrency" is /ˌkrɪptəʊˈkʌrənsi/ in British English and /ˌkrɪptoʊˈkɜːrənsi/ in American English. Click the 🔊 button to hear both pronunciations.

Example usage of "cryptocurrency": "I bought some cryptocurrency.". More examples on the page.