cryptocoin
Pluralcryptocoins
- 1An individual unit of a cryptocurrency, counted and traded like a discrete coin.
Each cryptocoin is recorded on the blockchain when it changes hands.
She transferred ten cryptocoins to a friend's digital wallet.
Note
Here the coin in crypto- + coin is taken literally. It names a countable thing with a regular plural, cryptocoins, so you can send ten cryptocoins or hold a single one. The currency meaning treats the word as the system as a whole, the way people accept cash rather than cashes. If a number or "a" fits naturally before the word, this is the sense in play.
- 2A digital currency secured by cryptography, issued and tracked without a central bank.
The company began accepting cryptocoin for online purchases last year.
Critics warn that cryptocoin can lose value quickly during market swings.
Similarcryptocurrency
Practice
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Origin
Formed by combining the prefix crypto- with coin.