Crypto

What is crypto short for?

Cryptocurrency

Those who trade in Bitcoin, Ether, or Dogecoin may refer to cryptocurrency as crypto. You're most likely to see this abbreviation used on social media and in online forums, when users are discussing either a specific cryptocurrency or the merit and make-up of cryptocurrencies as a whole.

What is cryptocurrency?

A cryptocurrency is a digital currency that can be used to complete financial transactions secured using cryptography. Most cryptocurrencies are distributed and exchanged upon decentralized computer networks, which use blockchain technology to track and validate transactions. This concept, of conducting financial transactions using decentralized networks, is often referred to as DeFi.

As cryptos (especially Bitcoin) have become more popular, they've spawned an entire subculture devoted to buying, selling, and discussing different currencies. These discussions often contain a variety of other crypto-related slang, some of which you can learn more about in the Related Slang section below.

Example

"How many new cryptos do we need?"
The logo for Bitcoin, a popular crypto

The logo for Bitcoin, a popular crypto

Related Slang

Usage

Last Updated: September 29, 2021

Crypto definition

This page explains what the abbreviation "Crypto" means. The definition, example, and related terms listed above have been written and compiled by the Slangit team.

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