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Glossary

Here we are building a glossary to help you navigate and understand the world of crypto.

What is Blockchain Transmission Protocol (BTP)

Blockchain Transmission Protocol (BTP)

A solution that allows for various blockchains with different algorithms and consensus mechanisms to become compatible

What is blockchain 3.0

Blockchain 3.0

Blockchain technology has come a long way since its inception, and Blockchain 3.0 is the next phase of blockchain technology

What is Bitcoin BTC dominance?

Bitcoin BTC Dominance

Bitcoin, the original cryptocurrency, has been making waves in the global market for more than a decade

What is a Bitcoin ATM

Bitcoin ATM

Bitcoin ATMs, also known as BTMs, are rapidly gaining popularity as a convenient and secure way to buy, sell, and transfer bitcoin

What is a bid price

Bid Price

A bid price is the value buyers are willing to offer for an asset, such as a commodity, security, or cryptocurrency.

What are bear traps - what is a bear trap

Bear Traps

Bear traps are a form of market manipulation traders use to create a false upward trend in a downward market.

What is a bear market

Bear Market

A bear market is a state in which prices are falling, and investors are selling their assets.

What is a bag holder? What is HODL?

Bag Holder

A bag holder in the world of crypto is an investor who holds on to their assets, regardless of market conditions or asset value.

What is a crypto address?

Crypto Address

A crypto address is a unique virtual address assigned to a wallet to receive and send digital assets.

what is a crypto account

Crypto Account

A cryptocurrency account, also known as a crypto account, is a digital record that tracks financial transactions involving digital assets.

What is a 51% attack?

51% Attack

The goal of a successful 51% attack is to make a financial gain at the expense of other users on the network.

What is PancakeSwap (CAKE)

PancakeSwap (CAKE)

PancakeSwap is a decentralized exchange (DEX) built on the BNB Smart Chain (BSC) that allows users to trade BEP-20 tokens using liquidity pools.

What is Synthetix (SNX)

Synthetix (SNX)

Synthetix is an Ethereum-based protocol that allows users to create and trade synthetic assets.

What is Waves?

Waves (WAVES)

Waves is a mainnet blockchain that allows developers to build decentralized applications (DApps) and assets.

What is Sushiswap? Sushi

SushiSwap (SUSHI)

SushiSwap is a decentralized finance (DeFi) project that offers a variety of products, including a decentralized exchange (DEX) and an ERC-20 token called SUSHI.

What is Polkadot?

Polkadot (DOT)

Polkadot is a blockchain ecosystem aiming to provide users with interoperability and scalability.

What is Polygon Matic?

Polygon (MATIC)

Polygon is an open-source protocol aiming to scale while leveraging the power of Ethereum.

What is Uniswap?

Uniswap (UNI)

Uniswap is a decentralized exchange (DEX) that allows users to trade Ethereum-based assets, including Ether and ERC-20 tokens.

What is Unus Sed Leo? LEO

Unus Sed Leo (LEO)

Unus Sed Leo (LEO) is the utility token of the Bitfinex cryptocurrency exchange.

What is NEM (XEM)?

NEM (XEM)

NEM, or New Economy Movement, is a digital asset project launched in 2015.

What is Tezos? XTZ

Tezos (XTZ)

Tezos is a mainnet blockchain platform that allows developers to build decentralized applications (DApps).

What is CBDC?

Central Bank Digital Currency (CBDC)

CBDC is a digital version of a country's fiat currency issued and regulated by the central bank.

What is Ethereum Classic ETC?

Ethereum Classic (ETC)

Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference.

What is OKX?

OKX

OKX provides advanced financial services to traders around the globe, including hundreds of token and futures trading pairs.

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