Glossary

Crypto glossary

Plain-language definitions of common crypto terms. Tap a term to read the full explainer.

Basics

Cryptocurrency
Digital money and assets managed on a blockchain, with no central controller. Learn more
Blockchain
A shared, tamper-resistant ledger that everyone keeps a copy of. Learn more
Bitcoin
The first cryptocurrency; a fixed-supply (21M) store of value. Learn more
Ethereum
A programmable blockchain for smart contracts; its coin is ETH. Learn more
DeFi
Financial services run by smart contracts instead of banks. Learn more
NFT
A token proving ownership of a unique digital item. Learn more
Stablecoin
A crypto asset pegged to a currency such as the US dollar. Learn more
Staking
Locking crypto to help secure a network and earn rewards. Learn more
Smart contract
A program on a blockchain that runs automatically when conditions are met. Learn more
Gas fee
The cost of running a transaction on a blockchain; rises with congestion. Learn more
Layer 2
Networks that process transactions off the main chain to cut fees and congestion. Learn more
Altcoin
Any cryptocurrency other than Bitcoin. Learn more
RWA
Tokenizing real-world assets (bonds, real estate, cash) on a blockchain. Learn more
DePIN
Token-incentivized networks that crowd-build real-world physical infrastructure. Learn more

Safety

DEXCEX
A decentralized exchange (smart-contract run) vs a centralized, company-run one. Learn more
Wallet
Software or hardware that holds the keys controlling your crypto. Learn more
Seed phrasePrivate key
The 12–24 word master key to your wallet. Never share it. Learn more

Japan

Exchange
Where you buy and sell crypto. In Japan it must be FSA-registered. Learn more
FSA
Japan's Financial Services Agency, which regulates crypto exchanges. Learn more
JVCEA
Japan's self-regulatory body for crypto exchanges. Learn more