Cryptocurrency

A cryptocurrency is a digital asset that runs on its own blockchain, and can be used to transfer value or pay transaction fees on that network, for example BTC, ETH and SOL.

Approved short definition: A cryptocurrency is a digital asset that runs on its own blockchain and can be used to transfer value. Example: Holding an eligible cryptocurrency may allow you to participate in staking and receive rewards. Do not use: Do not describe every cryptoasset as a cryptocurrency, or imply that cryptocurrencies are used only for payments. Aliases / search terms: Coin; crypto coin; native coin; native cryptoasset; crypto; digital currency; virtual currency Related terms: Cryptoasset; Token; Blockchain; Transfer crypto; etoro crypto wallet; Staking