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Definition of cryptocurrency
cryptocurrency
/ˌkrɪp.toʊˈkɜːr.ən.si/
cryp · to · cur · ren · cy
Plural:cryptocurrencies
cryptocurrency Lexical Profile
CEFR
B2
Grade
8
Tier
2
Usage
Top 5k
Syllables
5
cryptocurrency Game Scores & Validity
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• noun
1
A digital or virtual currency that uses cryptography for security and typically operates on a decentralized network, such as a blockchain, rather than being issued or regulated by a central authority.
Example
"Many financial analysts caution investors about the high price volatility associated with cryptocurrency."
Synonyms
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Word Origin & Etymology
Coined in the late 1990s and popularized after the 2009 launch of Bitcoin, combining the prefix 'crypto-' (from Ancient Greek 'kryptos', meaning 'hidden' or 'secret', referring to cryptography) with 'currency'.
Cite this Entry
Wordmom. (2026). Definition of Cryptocurrency. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/cryptocurrency