# cryptocoin

Pronunciation: say "KRIP-toh-koyn" US /ˈkɹɪptoʊˌkɔɪn/, UK /ˈkɹɪptəʊˌkɔɪn/

## Noun

1. An individual unit of a cryptocurrency, counted and traded like a discrete coin.
   - Simple: A single unit of digital money in a cryptocurrency system.
   - _Each cryptocoin is recorded on the blockchain when it changes hands._
   - _She transferred ten cryptocoins to a friend's digital wallet._
2. A digital currency secured by cryptography, issued and tracked without a central bank.
   - Simple: Digital money that is kept safe using secret codes and works without a bank.
   - _The company began accepting cryptocoin for online purchases last year._
   - _Critics warn that cryptocoin can lose value quickly during market swings._

## Origin

Formed by combining the prefix crypto- with coin.

Source: DictionaryAI, https://dictionaryai.com/define/cryptocoin (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).