New to crypto investing? Check out this guide to learn how to buy cryptocurrency in Canada in six simple steps. Happy trading!

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Cryptocurrency use is growing significantly year over year. Currently, an estimated 300 million people worldwide have bought or used crypto. According to a report cited by Yahoo Finance, the number of crypto users worldwide may reach as high as 1 billion by the end of 2022.

Quick answer: What we call “cryptocurrency” is in fact comprised of several different categories of digital assets that all leverage cryptography and distributed ledger technology. Crypto assets do useful things like making secure transactions online, storing wealth, providing financial services, and running full-scale web services, among many other use cases.

Cryptocurrency represents the rise of the digital economy, and with this new age comes a new financial lexicon. If you’ve ever been confused by crypto terms in the news or didn’t quite understand the latest viral cryptocurrency meme, we’ve got your knowledge gaps covered. From altcoins to yield farming, we’ve compiled the ultimate cryptocurrency glossary with all the terms you need to know. Feel free to bookmark this page so you can reference this glossary as you start to buy and sell crypto on your own.

Curious about Bitcoin ETFs? Read the pros and cons of Bitcoin ETF's in Canada.

With ambitious plans for innovation and recent gains in the market, everyone is talking about Cardano! Here's an overview of the project, and what sets it apart.