cryptocurrency

noun

cryp·​to·​cur·​ren·​cy ˌkrip-tō-ˈkər-ən(t)-sē How to pronounce cryptocurrency (audio)
-ˈkə-rən(t)-sē
plural cryptocurrencies
: any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions
Virtual currency bitcoin hit the mainstream in 2014. Bitcoin ATMs started springing up all over the world … , allowing people to exchange cash for the cryptocurrency, a secure digital payment outside of conventional financial institutions.Brenda Poppy

Examples of cryptocurrency in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The move showed the evolving view of the cryptocurrency to a store of value during dysfunctional geopolitical times, not unlike gold, which rose to a record on Wednesday. Fred Imbert, CNBC, 1 Oct. 2025 Robinhood’s primary business focuses on equities and cryptocurrency trading, having launched operations in the UK and the European Union in late 2023. Bloomberg, Mercury News, 30 Sep. 2025 In the other, seniors are contacted on the phone with a fake investment opportunity, and might be pressured into staying on the line with scammers as they’re instructed in how to buy into it with cryptocurrency at a mobile kiosk and on how to send it to the scammer’s digital wallet. Matthew Medsger, Boston Herald, 28 Sep. 2025 María Eugenia Gómez, executive director and founder of Cellular Wholesales, began using a cryptocurrency over a year ago at the request of her Latin American clients, who are cell phone distributors. Sonia Osorio, Miami Herald, 26 Sep. 2025 See All Example Sentences for cryptocurrency

Word History

Etymology

crypto- + currency

First Known Use

2009, in the meaning defined above

Time Traveler
The first known use of cryptocurrency was in 2009

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Cite this Entry

“Cryptocurrency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cryptocurrency. Accessed 3 Oct. 2025.

Kids Definition

cryptocurrency

noun
cryp·​to·​cur·​ren·​cy
ˌkrip-tō-ˈkər-ən(t)-sē,
-ˈkə-rən(t)-sē
: any form of currency that only exists digitally, that usually uses a decentralized system for issuing new units and reording transactions, and that relies on cryptography to prevent fraudulent transactions
Last Updated: - Updated example sentences
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