Digital Currency
Definition
Digital Currency is a type of currency used digitally as an alternative to traditional physical currencies.
Digital Money or Digital Currency is a type of currency used in the digital environment as opposed to traditional physical currencies. Such currencies are traded in a decentralized manner and are often supported by cryptographic technologies. Digital currencies can be transferred directly between individuals without the need for a central authority (such as a central bank). Such currencies may include cryptocurrencies created specifically using blockchain technology, but digital currencies may also include centrally managed digital currencies. Digital currencies can be used for online purchases, as investment instruments or for international money transfers.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
Browse the full JrKripto glossary for more definitions on trading, DeFi, blockchain, and market analysis. Each term includes a short definition and extended explanation to support your research.
The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
