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cryptocurrency
[ krip-toh-kur-uhn-see, -kuhr- ]
noun
- currency that exists only in electronic form, operates on a decentralized system of exchange, and uses advanced cryptography for security, or any individual currency of this type: Compare digital currency ( def ), virtual currency ( def ).altcoin ( def ), bitcoin ( def 1 ).
Some expect cryptocurrency to become the dominant means of financing trade between markets.
This particular cryptocurrency has a huge following among retail traders.
adjective
- being or relating to virtual currency that uses advanced cryptography for security:
They are one of the largest cryptocurrency exchanges on the internet.
She got caught running a cryptocurrency scam.
Usage Note
51Թ History and Origins
Origin of cryptocurrency1
Example Sentences
Thanedar has largely self-funded his campaigns; last year, he in turn invested money from his campaign into cryptocurrency index funds, reaping millions of dollars in profit, according to The Detroit News.
The firm is deeply invested in cryptocurrencies including bitcoin and ethereum ETFs.
The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.
Trading cryptocurrency was just a bit of fun for Tzoni Raykov, but losing $1,500 worth to an administrative error has left him with serious concerns about his treatment by the industry.
Post on his account claimed he was launching a cryptocurrency called "$Today".
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