How to understand what crypto is?

When you hear about “crypto,” we are referring to the abbreviated form of cryptocurrencies, a concept that has transformed the digital financial landscape. The term comes from the combination of two components: “crypto” (which alludes to encryption or protection through code) and “currency” (English word for currency).

Essentially, crypto encompasses all virtual currencies that use advanced cryptographic algorithms for their creation, validation, and circulation in decentralized networks. This technology ensures the security and authenticity of each transaction.

In different languages and regions, varied terminology is used to describe this phenomenon. In Persian, for example, it is known as “رمزارز,” while in Spanish, the expressions “Digital Currency” or “Virtual Currency” are equally accepted and widely used among users and institutions.

Understanding what crypto is is fundamental in today’s digital era, as it allows access to alternative and decentralized financial systems that operate without traditional intermediaries.