Basics

Cryptocurrency

Also called: crypto · digital currency

In shortDigital money that runs on a public blockchain instead of being issued and controlled by a bank or government.

A cryptocurrency is a digital asset whose ownership is recorded on a blockchain — a shared ledger kept by thousands of independent computers. Nobody can print more units than the rules allow, and nobody needs a bank's permission to send them.

You hold cryptocurrency with a private key, usually stored in a wallet. Whoever controls the key controls the coins, which is both the main benefit and the main risk.

Example

Bitcoin, Ether and Solana are cryptocurrencies; so are thousands of smaller coins and tokens.

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