crypto Definition
- 1short for 'cryptocurrency', a digital currency that uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank
- 2short for 'cryptography', the practice of secure communication in the presence of third parties
Using crypto: Examples
Take a moment to familiarize yourself with how "crypto" can be used in various situations through the following examples!
Example
I invested some money in crypto last year.
Example
Crypto is becoming more and more popular as a means of payment.
Example
The company specializes in cryptography and data security.
crypto Synonyms and Antonyms
Synonyms for crypto
Summary: crypto in Brief
The term 'crypto' [ˈkrɪptoʊ] can refer to two different concepts. Firstly, it can be short for 'cryptocurrency', which is a digital currency that operates independently of a central bank and uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds. Secondly, it can be short for 'cryptography', which is the practice of secure communication in the presence of third parties. Examples of usage include 'I invested some money in crypto last year' and 'The company specializes in cryptography and data security'.
