virtual currency

Online monetary units

Virtual currency is a digital medium of exchange that exists only electronically, with no physical coins or bills.

Bitcoin and other cryptocurrencies are virtual currencies, as are tokens used in video games or online platforms: The game lets you earn virtual currency to buy upgrades.

Unlike traditional money, virtual currencies typically operate outside central bank control.

crypto

Bitcoin

Peer-to-peer electronic cash

token · Litecoin · Dogecoin · Ripple · wallet · mining · staking · halving · whitepaper · proof-of-work

transaction

payment

Fulfilling a financial obligation

exchange · merchant · checkout · peer-to-peer · remittance · settlement · fee · confirmation · address · send

economy

exchange

Mutual giving and receiving

liquidity · supply · demand · speculation · volatility · trading · conversion · peg · reserve · circulation

gaming

V-Bucks

In-game purchase currency

  • goldElement seventy-nine
  • gemsCut precious stones
  • creditsUnits toward graduation

coins · points · skins · loot · power-ups · in-game · microtransactions · gacha · premium · cosmetics

platform

PayPal

Online money transfer platform

  • VenmoMobile payment service
  • MetaRenamed social network conglomerate
  • prepaidSettled in advance

rewards · cashback · fintech

Categories
Opposites
physical form

virtual currencycash

Ready spending funds

coins · hard currency · paper money · banknotes · bills

traditional vs emerging

virtual currencyold money

Long-established family fortune

Family

currency, virtual, virtually, currencies, virtualize, virtualized, virtualizing

Familiarity
Top 100,000
Profile
Used worldwide · Abstract · Rated G