Looking for the meaning of the word BITCOIN in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of BITCOIN with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Bitcoin
Speech Type: Noun
Etymology:
early 21st century: from bit + coin
Audio Pronunciation:
Phonetic Spelling:
ˈbɪtkɔɪn
Dialects: British English
Definition:
a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank
Short Definition:digital currency
Examples:- Bitcoin has become a hot commodity among speculators
- if you want to buy something using bitcoin you need to make sure the seller accepts the cryptocurrency
