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What is Cryptocurrency?
A decentralized digital currency secured by cryptography.
ExampleBitcoin is the first cryptocurrency and the one with the largest market value.The figures in the example illustrate the concept; they are not current market data.
Related terms
BlockchainA decentralized ledger technology in which transactions are chained together and encrypted in blocks, makingDecentralized FinanceA blockchain-based ecosystem that offers financial services without intermediaries through smart contracts.Crypto WalletSoftware or hardware that stores the private keys of crypto assets and lets you make transactions.Supply SqueezePrice pressure created by a shrinking available supply or rising demand.Non-Fungible TokenA non-interchangeable token that represents unique digital ownership on a blockchain.On-Chain AnalysisA method that analyzes transaction data on the blockchain to anticipate market moves.
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Frequently asked questions
What is Cryptocurrency?
A decentralized digital currency secured by cryptography.
What is Cryptocurrency called in Turkish?
In Turkish financial reporting and news, Cryptocurrency is called Kripto Para.
Which concepts are related to Cryptocurrency?
The concepts most often mentioned together with Cryptocurrency are Blockchain, Decentralized Finance and Crypto Wallet.