Crypto Terminology


0-9
51% Attack
A form of network attack where a group of miners control 50% of the computing power
A
AML (Anti Money Laundering)
A framework that includes legal procedures, laws and regulations to reduce and limit the flow of money generated from illegal activities.
AMM (Automated Market Maker)
The tool brings automatic liquidity to the exchange.
APR
Or the annual percentage rate is the amount of interest you'll pay on an outstanding debt each year.
API
Used for the annual percentage return, which is the rate earned on an investment over one year, taking into account the effect of compound interest.
ASIC
Application Specific Integrated Circuit, only specialized IC in electronics. ASIC miner refers to a computerized device or hardware that uses ASICs for the sole purpose of mining cryptocurrencies.
ATH (All-Time-High)
ATH stands for All-Time-High which is the highest price of a cryptocurrency
ATL (All-Time-Low)
The lowest point (in price, market cap) that a cryptocurrency has ever had in history.
Account
An account you sign up for on an exchange, or a social media account so you can track the financial performance of specific assets.
Address
A place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers.
Airdrop
Airdrop is a reward of the project distributed to users
Allocation
The allocation of tokens or equity through acquisition, acquisition, or exclusively to investors, groups or institutions. These allocations can be paid out all at once on a certain date or in periods according to a predefined schedule.
Altcoin
Altcoins are a collection of cryptocurrencies other than Bitcoin.
Angel Investor
An individual who provides capital for a new business project or startups.
Auction
A live event where customers offer competitive rates on properties and services. The property or service will be sold to the highest bidder
Audit
The work of checking the security holes of the crypto project through testing the code in the project's product.
B
BEP-2
A standard of tokens on Binance Chain.
BEP-20
A standard of tokens on Binance Smart Chain.
BEP-721
A technical standard that defines a set of rules for the issuance of NFTs in the Binance Smart Chain ecosystem.
BEP-95
A real-time BNB burn on Binance Smart Chain.
Bags
A person's crypto portfolio is holding.
Bear Market
A bear market in which the prices of cryptocurrencies fall suddenly and continuously.
Bitcoin dominance
Bitcoin Market Cap Ratio to Cryptocurrencies electronic money other
Bollinger Bands
The technical analysis indicator is composed of 2 moving averages to measure the volatility of the market.
Breakout
Price action breaks out of pattern or resistance
bull market
Bull market in which the price of cryptocurrencies increases sharply and continuously.
C
CEX (Centralized Exchange)
Centralized exchange. An intermediary that supports cryptocurrency transactions between buyers and sellers.
Call option
Option to buy. A type of option that increases in value as the stock rises in price. They are the most well-known type of option and allow the holder to lock in a price to buy a particular stock on a specific date.
Candlestick
A candlestick chart is used by traders to identify possible price movement based on historical patterns.
Capital
Defined as the large amount of money you will use to invest.
Cloud Mining
A simple way to earn cryptocurrency by renting computing power from third party sources.
Coin
A cryptocurrency built on the basis of a private Blockchain, operating independently of each other, anyone can join its network.
Cold wallet
Cold wallet. This is a cryptocurrency wallet that is not connected to the internet or any other insecure network when not in use.
Contract
In cryptocurrency, smart contracts execute functions on the blockchain.
Cross-chain
The transfer-enabled solution makes it possible for two separate blockchain networks to communicate with each other. In other words, it allows assets to be transferred from one blockchain to another.
Crowd loan
The implementation of new projects to raise funds through DOT or KSM for positions on the Kusama or Polkadot network.
Crypto Debit Card
A type of debit card that allows its holder to pay for goods and services with cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).
Whale
Organizations or individuals that hold a very large amount of assets such as BTC, ETH, etc.
D
DAO (Decentralized Autonomous Organization)
A system of encrypted rules for a decentralized organization.
DApp (Decentralized Application)
Applications run on a peer-to-peer network instead of a central computer. This allows software to run on the internet without being controlled by a single entity.
DCA (Dollar Cost Averaging)
A strategy to split an amount for fixed and permanent investment regardless of the asset's price.
DEX (Decentralized Exchange)
A decentralized exchange. Users can trade directly from their wallet without having to deposit money into the exchange
DeFi (Decentralized Finance)
An ecosystem of decentralized applications developed on different blockchain networks.
Double Spending
A certain cryptocurrency can be double spent. Usually the result of a 51% attack or race attack.
Downtrend
Shows a downtrend of the market that can be in the short term or the long term.
E
E-Signature
Electronic signature is a broad term for any type of signature in an electronic format. Refers to data in electronic form attached to other data in electronic form and used by the signer to sign, used in an electronic transaction.
EMA (Exponential Moving Average)
A type of moving average that gives more weight to recent prices in the calculation. This makes it more responsive to recent price changes.
ERC-20
A token standard on the Ethereum network was first proposed in November 11.
ERC-721
A technical standard that defines a set of rules for the issuance of NFTs in the Ethereum ecosystem.
EVM (Ethereum Virtual Machine)
The Ethereum virtual machine, like a processor or computer, lends developers its accumulated computing power. Developers use this resource to create smart contracts and dApps.
Elliott Waves
A technical analysis indicator, a reliable tool for various portfolio managers and suggests that it is possible to reasonably predict cryptocurrency price movements by studying the price history when the market moves in wave-like patterns driven by investor sentiment.
Exchange
The venue allows customers to trade cryptocurrencies for fiat or other cryptocurrencies.
F
FOMO (Fear Of Missing Out)
FOMO stands for Fear Of Missing Out is a psychological effect of fear of missing out on something.
FUD (Fear, Uncertainty and Doubt)
A propaganda strategy in marketing used to spread fear and insecurity to customers and investors
fakeout
A price action breaks out of a pattern, resistance, or support then quickly reverses without resuming the previous breakout trend.
Fan Token
A cryptocurrency issued by a specific sports club and allowing its holder to participate in management activities and gain exclusive rewards & discounts.
Fiat
Fiats are currencies issued by a central bank.
Flash Loan (Quick Loan)
A transaction where a specific amount of liquidity is borrowed and repaid in the same transaction or block.
Flash Loan Attack
The attacks take advantage of flash loans and flaws in the protocol for personal gain.
Forks (Blockchain)
Forks or splits, creating an alternate version of the blockchain, so that the two blockchains run concurrently.
Futures Contract
A buyer and seller agreement on the price of a particular asset in the future.
G
game fi
Combination of DeFi, NFT and blockchain based online games.
Gas
The pricing mechanism is used on the Ethereum blockchain to calculate the cost of smart contract operations and transaction fees.
Chamois
Term for relatively little-known low-cap coins that have great potential or are undervalued.
Genesis Block
The first block is recorded on the blockchain network.
Golden cross
A bullish signal when the short-term moving average (MA50) crosses above the long-term moving average (MA200).
Google Authenticator
A software-based verification system that generates a unique one-time code based on time spent on your mobile phone.
Government Tokens
A token that can be used to vote on decisions affecting the ecosystem.
gwei
A smallest unit of Ether. It is often used to measure the amount of gas used in a transaction. 1.000.000.000 wei = 1 Giga wei (Gwei)
H
HODL
An act of holding crypto assets without selling. This is a misnomer of the word “HOLD” which is derived from Bitcointalk. Many people also think that HODL stands for Hold On for Dear Life.
Halving
The event reduces the block reward by 1/2. This is a mechanism to reduce the rate of new coin issuance
Hard cap
The maximum amount that a project intends to raise during ICO, IEO, etc.
Hash Rate
A measure of the speed at which a computer or mining hardware can compute new hashes
Hot wallet
A crypto wallet that is connected to the internet to store cryptocurrencies, as opposed to an offline cold wallet.
I
ICO (Initial Coin Offering)
A form of fundraising for crypto projects. The project will sell their cryptocurrency to investors
IEO (Initial Exchange Offering)
A form of fundraising of crypto projects guaranteed by an exchange
IPFS (InterPlanetary File System)
A protocol for storing and accessing distributed content.
IPO (Initial Public Offering)
Activities of companies opening their shares to the public for the first time
Impermanent Loss
The term refers to when a liquidity provider temporarily loses funds due to volatility in a trading pair.
Internet of Things (IoT)
A global network of interconnected devices, sensors, and software that can collect and exchange data with each other in real time over the Internet.
Invest
Just the act of putting money into a financial plan with the aim of making a profit.
Isolated Margin
Margin balance allocated to a position.
J
Jager
The smallest unit of BNB. 1 Jager = 0,00000001 BNB

Jomo
The joy of letting go of what 'seems fun' other people do, and focusing on what makes you truly happy. JOMO is the opposite of FOMO.
K
KYC (Know Your Customer)
A standard process in the financial industry that allows companies to identify their customers and comply with AML.
Keylogger
A function that records or keystrokes on a computer. In the hands of cybercriminals, a keylogger is a tool to steal your information.
L
Large Cap
Established projects and organizations with a market capitalization of $10 billion or more
Layer 0
Also known as the Data Transfer Layer, it is the bottom layer of the OSI model and is mainly concerned with the integration between blockchain and traditional networks.
Layer 2
A framework or protocol that builds on an existing blockchain to provide scalability
Layer-1 Blockchain
A set of solutions that improve the underlying protocol itself.
Lightning Network
A layer 2 works on top of the existing blockchain, allowing to speed up transactions between participating nodes.
Limit Order/Limit Buy/Limit Sell
The tools allow traders to automatically buy or sell cryptocurrencies on the trading platform when a certain price target is reached.
Limit orders
A type of order to buy or sell a cryptocurrency at a specific price or a better price.
Clearance
Liquidation refers to the conversion of an asset or cryptocurrency for fiat or its equivalent such as Tether (USDT) and other stablecoins. In the crypto industry, Forced Liquidation or forced liquidation occurs with margin trading where a trader's position is automatically closed when he or she fails to maintain the needs of a leveraged position.
liquidity
The ability to sell or buy any given asset without causing a significant fluctuation in the market price of that asset.
Liquidity Bootstrapping Pool (LBP)
A Smart Pool with the function of changing the proportion of tokens in the Pool according to a predetermined time.
Liquidity Mining
A mechanism or process in which participants provide cryptocurrency to liquidity pools and are rewarded with fees and tokens based on their share.
Liquidity Pool
Crypto-assets are held to facilitate the trading of trading pairs on decentralized exchanges.
Liquidity Provider
Decentralized exchange users fund a liquidity pool with the tokens they own.
Long
A situation in which you buy cryptocurrency with the expectation of selling it at a higher price for a later profit.
Low Cap
Established projects and organizations with a market capitalization of less than $50 million.
M
Mainnet
A complete blockchain is launched after the testnet phase.
Margin Trading
A form of trading with borrowed capital, also known as margin trading.
Market
An area or arena, online or offline, in which commercial transactions are conducted.
Market Maker
The trader places a limit order on the market. Market Maker provides liquidity and depth to the markets and profits from arbitrage in trade execution.
Market Taker
Market participants in trading seek immediate liquidity to execute their trades and positions. That is, the person who matches orders from the order book created by Market Maker.
Market cap (Market Capitalization)
Total transaction value of a given cryptocurrency – calculated as: supply of that coin * current price.
Masternode
Nodes on the network usually require staking a minimum amount of a given coin in order to receive staking rewards.
MaxSupply
The maximum number of coins that a project can issue.
Maximum Supply
The maximum number of coins or tokens that will be created for a given cryptocurrency.
Memecoins
A cryptocurrency that originates from an Internet meme or has some other humorous character.
Metaverse
A digital universe containing all aspects of the real world.
Mid Cap
Established projects and organizations have a market capitalization of $1 billion to $10 billion.
Undermine
Contributors to a blockchain participate in the mining process.
Mining
The process of verifying transactions on the blockchain network.
Mining Pool
An arrangement in which several miners pool their resources to increase their chances of finding the next block.
Mining Reward
The income that miners receive after finding and validating a block.
Money Flow Index (MFI)
The Money Flow Index is a technical indicator that measures the buying or selling pressure of an asset through price and volume.
Moon
A word that describes an uptrend in the price of a digital asset or other asset class.
Moving Average (MA)
A moving average (MA) is a technical indicator that reacts to the trends of the financial markets and is used by market professionals to predict the trend direction of an asset.
multi chain
Refers to multi-chain or cross-platform. If a project is deployed on multichain, it means that the project is deployed on two or more chains of Ethereum, BSC, or any other blockchain.
Multi-signature
An additional layer of security by requiring more than one key to authorize a transaction.
N
NFT (Non-fungible Token)
A type of token that represents a digital or real-world asset. This token is unique and not interchangeable.
Node
A participant on a blockchain network communicates with other participants to ensure the security and integrity of the system.
Non-Custodian
Usually refers to key storage. It involves wallets or exchanges. This is a setup where the private key is directly held by the user. No one, including the wallet provider, has the right to access, freeze or trade the wallet owner's assets.
O
OTC
Trading is done outside of an exchange, usually peer-to-peer through private transactions.
off chain
Transactions that occur off of a given blockchain network can later be reported or grouped together before being sent to the main chain.
On-chain
Transactions are recorded on the blockchain itself and are visible to all nodes on the blockchain network.
Open-source
Refers to the participants in the information that is released for free so that users can modify or add some other outstanding features or updates in order to pursue the greater common good.
opensea
A decentralized P2P platform for NFT trading.
Options Market
A public market for options, providing buyers with the option to buy or sell cryptocurrencies at a specific, actual price, on or before a specific date.
Oracle
Data sources or data feeds from third parties are used to determine outcomes for smart contracts.
Order book
An electronic list of outstanding buy and sell orders for a particular asset on an exchange or market.
Oversold
Refers to a cryptocurrency that is sold by investors more and more over time, with its price falling over a long period of time.
P
Peer
Trade between one cryptocurrency and another, such as the BTC/ETH trading pair.
parachains
Application-specific data structures that run side-by-side in Polkadot.
Peer-to-Peer (P2P)
Information technology infrastructure allows two or more computer systems to connect and share resources without requiring servers or generally 3rd parties to intervene.
Permissionless
Often used to describe blockchains, a system is said to be permissionless when there is no entity that can stipulate who can use it and how it should be used.
Perpetual Contract
A derivative product that is different from a futures contract because it has no expiration date.
Platform
With the crypto and blockchain space, the term refers to the parent blockchain of tokens or can refer to an exchange on which you can trade cryptocurrencies.
Play-to-Earn (P2E)
An open economy and financial rewards for players that bring value to its metaverse.
Ponzi Scheme
A fraudulent investment involves the purported payment of profits to existing investors from funds contributed by new investors.
Portfolio
A collection or portfolio of cryptocurrencies or crypto assets held by an investment company, hedge fund, financial institution, or individual.
Pre-IDO
Refers to the token offering before the actual initial DEX offering (IDO) takes place.
Pre-Sale
The sale of cryptocurrency, before it is made public, to specific investors.
Private Key
Often referred to as crypto wallets, a string format for connecting to accounts, quite similar to a bank account's password. To be able to use the money in this wallet, it must match the public key (Public Key).
Proof-of-Stake (Pos)
A consensus protocol or set of rules used to validate cryptocurrency transactions through staking.
Proof-of-Work (PoW)
The first consensus algorithm created in the Blockchain. Cryptocurrencies like Bitcoin are using PoW to confirm transactions and generate new blocks to be added to the chain.
Protocol
Set of rules that define interactions on a network, often involving consensus, transaction validation, and network participation on a blockchain.
public Key
A sequence of numbers that is random and can be used to encrypt a message, which only the intended recipient can decrypt and read using the associated private key.
Public Sale
The time period in which an asset or service is brought to market and made available to all purchasers. Usually conducted on exchange platforms and websites such as DEX and CEX in the form of ICO, IDO, IEO for cryptocurrencies.
Pump
In crypto, it is used to refer to the act of buying a large number of coins/tokens in order to drive up demand and prices.
Q
QR Code
A form of information encoded for display so that it can be read by a machine.
R
REKT
A loss or split of a trader's account, it is used to joke about a newly purchased coin that has suffered a deep drop in price and many other cases.
ROI
Ratio between net profit and investment cost.
RSI (Relative Strength Index)
Relative Strength Index. This is a momentum oscillator that measures the magnitude of price movements as well as the speed of these movements. It is also an important technical analysis indicator.
Rank
The position of a cryptocurrency is ranked by market capitalization.
Ransomware
A type of malware used by hackers to steal or encrypt a victim's files in order to blackmail them into ransom in exchange for decryption or recovery of the files.
Replay chain
The central chain is used by the Polkadot network.
Resistance
Resist. The highest point on the chart that when the price moves to that level, the market will have a hard time breaking it.
Roadmap
A visual summary helps map out the vision and direction of a particular product.
Back Pull
A type of scam in which developers abandon a project and take money from their investors.
S
SEC
The Securities and Exchange Commission (SEC) is an independent government agency responsible for regulating the stock market.
SHO (Strong Holder Offering)
The fundraising mechanism by which eligible investors are selected is based on on-chain activities and other data sets.
Satoshi (SATS)
The smallest unit of bitcoin has a value of 0,00000001 BTC.
Satoshi Nakamoto
The individual or group of individuals who created Bitcoin.
Scam
The scheme is designed to scam users to take over everyone's cryptocurrency.
scamcoin
The coins were created as a “get rich quick scheme or pump” by their developers.
Scammer
Participants of the scam scheme.
Scholarship / Scholar
Commonly used in Axie Infinity, the process by which managers lend their free Axie "Scholars" to "Scholars" who are new to the game and don't have enough money to form a team of three NFT monsters required to play the game.
Security Token
A digital form of traditional securities. Security Token holders can receive many of the same benefits as stocks and other securities.
Seed Phrase
Also known as recovery phrase, backup phrase, or mnemonic phrase. It refers to a generated list of 12 to 24 words, in a specific order, used by crypto wallet users to regain access and control over their coins on-chain.
Sell ​​Wall
A situation in which a large limit order has been placed to sell when the cryptocurrency reaches a certain value.
Sharding
A scaling approach that allows for the division of blockchain states into partitions containing states and transaction histories. Each segment can be processed in parallel.
the Shitco
A coin that has no value or potential use with no clear information.
Smart contract
An agreement between two people or entities in the form of computer code programmed for automatic execution. Smart contracts are executed on the blockchain, which means the terms are stored in a distributed database and cannot be changed.
Snapshot
Refers to the ability to record the state of something at a particular time. In blockchain, Snapshot refers to the act of recording the state of a blockchain at a specific block height.
Stablecoin
A cryptocurrency designed to maintain a stable value, rather than undergo significant changes in price.
Support
Support. Contrary to Resistance, support is the lowest point on the chart where when price moves to that level, the market will have a hard time breaking it.
Symbol
Code of a cryptocurrency; For example, the symbol of Bitcoin is BTC.
Synthetic Assets
Synthetic assets, sometimes called synths, are a combination of cryptocurrencies and traditional derivatives.
T
tap root
An upgrade to Bitcoin that aims to improve its network privacy and efficiency.
Technical Analysis (TA)
A method or a tool used to predict possible future price movements of cryptocurrencies, stocks, etc., based on market data.
Technical Indicator
Calculation based on the price, volume or open interest of a security or contract, used by technical traders.
Testnet
A term for the testing mechanism of blockchains. Through this network, developers can perform tests without the risk of affecting the correct operation of the main network.
Token
A type of digital asset created on the Blockchain is available.
Token Generation Event (TGE)
When the token was issued.
Token Sale
Refers to the initial offering of a cryptocurrency token to a group of private investors before it is officially sold on the market.
Token Standard
A set of standards by which tokens are developed on a certain blockchain platform. For example, ERC-20 is again the most common standard for tokens operating on the Ethereum blockchain.
Tokenomics
Shows the econometric modeling nature of crypto-assets. It consists of a set of rules governing the issuance and supply of cryptocurrencies.
Total Supply
Total coins/token available, minus any burned.
Total Value Locked (TVL)
An index representing the total value of all assets deposited into decentralized finance (DeFi) protocols for rewards, interest, new tokens, etc.
Trade volume
The volume of cryptocurrencies that have been traded in the last 24 hours.
Trading bots
A program designed to automate trading of crypto assets on behalf of traders.
Transactions (TX)
The act of exchanging cryptocurrency on the blockchain.
Transaction Fee
A payment for using the blockchain to transact.
Two-Factor Authentication (2FA)
Two-factor authentication (2FA) is an access method that requires two different forms of authentication.
U
Uptrend
Shows a market uptrend that can be in the short or long term.
Utility token
Tokens are specifically designed to be able to help people use something.
V
Validator
A participant in the blockchain has a Poof of Stake consensus mechanism. They participate in validating blocks for rewards.
Venture Capital
A form of private equity offered to finance small businesses, which at an early stage are considered to have high growth potential.
Virtual Automated Market Makers (vAMMs)
A system that provides synthetic (or virtual) liquidity, allowing traders to buy and sell derivatives entirely on the blockchain.
Virtual Reality (VR)
The use of computer technology to create a simulated environment that can be explored in a 360-degree perspective.
Vitalik Buterin
One of the creators of Ethereum, the second largest cryptocurrency after Bitcoin.
Volume
The volume of cryptocurrencies that have been traded over a certain period of time, such as the last 24 hours.
W
Wallet
A place where crypto users can store, send and receive assets.
Watchlist
A feature of the website where users can create their own list of cryptocurrencies to monitor.
Weak Hand
Mention that traders tend to panic and sell at the first sign of a drop in price.
Web 1.0
A term often used to describe the first version of the Internet.
Web 2.0
Describes the current state of the web, supports more user-generated content, and is more stable for general users than Web 1.0
Web 3.0
New generation of internet.
Web3 Foundation
Founded to promote new technologies and applications in the field of decentralized web software protocols.
Wei
The smallest part of Ether, for each Ether is 1000000000000000000 Wei.
Whitepaper
A document released by a crypto project that provides investors with technical information about the project's concept and a roadmap documenting the project's development plan.
Y
YTD
From the beginning of the year to the present.
Yield farming
Refers to earning interest by investing cryptocurrencies in decentralized financial markets.
Z
Zero Confirmation Transaction
Alternative phrase for an unconfirmed transaction.
Zero-Knowledge Proof
Allows a party to provide proof that a transaction or event has occurred without disclosing the private details of that transaction or event.
Zk-SNARK
Proof allows a party to prove he or she owns certain information without disclosing it.