Cryptocurrency Terms to Know Before You Invest

Here is a quick guide to cryptocurrency terms. We define technical terms, slang, acronyms, and other jargon related to cryptocurrency.



  • CENTRALIZED

    Controlled by one group or within one certain area.

  • CENTRAL LEDGER

    An irreversible list of all transactions that have ever occurred on a platform.

  • CIRCULATION

    Free movement of coins between individuals.

  • CIRCULATING SUPPLY

    The volume of coins being held and spent at a given time for a given cryptocurrency.

  • COIN

    A cryptocurrency that relies solely on its own technology to function.

  • COLD STORAGE

    In the cryptocurrency sphere this term refers to storing cryptocurrency in a location that is offline and thus inaccessible by anyone on the internet.

  • COLD WALLET

    An offline wallet for holding cryptocurrencies. Considered more secure than hot wallets.

  • CONFIRMATION

    Verifications of consensus by miners and/or nodes. After an individual sends payment on a block chain, confirmations are required before the recipient can accept payment.

  • CRYPTOCURRENCY

    Digital currency that uses cryptography. Bitcoin & Altcoins are all types of cryptocurrency.

  • CRYPTOGRAPHY

    Code making, breaking and studying.