Glossary
Here we are building a glossary to help you navigate and understand the world of crypto.
KuCoin
KuCoin is a cryptocurrency exchange that allows users to trade various digital assets and cryptocurrencies. It was launched in September 2017 and has grown to become one of the most popular exchanges, with over 5 million registered users.
Hash Rate
Hash rate measures the computational power in a proof-of-work (PoW) cryptocurrency network.
Maker (MKR)
Maker (MKR) is a decentralized finance (DeFi) project that aims to create an open financial system using blockchain technology.
Ontology (ONT)
Ontology is a blockchain project that provides solutions for the Web3 industry, including the Ontology blockchain mainnet and decentralized identity framework ONT ID, as well as the governance coin ONT and fee payment token ONG.
LedgerX
LedgerX is a bitcoin futures, options, and swaps exchange headquartered in New York City and regulated by the US Commodity Futures Trading Commission (CFTC).
AscendEX
AscendEX is a digital asset financial platform offering spot, margin, and futures trading, wallet services for over 100 cryptocurrencies, and staking support for top blockchain projects.
Iota (MIOTA)
Iota is a distributed ledger technology network that uses its Tangle system to facilitate fast and fee-free transactions. Its native coin, MIOTA, can be traded on exchanges and has a market value in USD.
Stellar (XLM)
Stellar is a decentralized open-source platform that allows users to build and use assets to facilitate global value transfer, with its native coin, the Lumen (XLM), used to pay fees on the platform.
CME Group Inc.
CME Group Inc. is a global financial markets company that operates a diverse derivatives marketplace, managing risk and capturing opportunities for various asset classes.
Tether (USDT)
Tether is a company that issues stablecoins, including USDT, a cryptocurrency pegged to the value of the US dollar, which can be used as a more stable alternative to volatile cryptocurrencies and runs on various blockchains, including Ethereum.
USD Coin (USDC)
USD Coin (USDC) is a stablecoin that aims to maintain its value at $1, overseen by the Centre Consortium, established by Coinbase and Circle, and available as an asset on various blockchains, including Ethereum.
Tokyo Stock Exchange
The Tokyo Stock Exchange (TSE) is the third-largest stock exchange in the world by aggregate market capitalization of its listed companies and the largest in Asia.
FTX Exchange
FTX is a now-bankrupt cryptocurrency exchange and hedge fund founded in 2019 and headquartered in the Bahamas.
Lightning Network
The Lightning Network is a scalability solution for Bitcoin that operates as a layer-two payment network separate from the main blockchain, allowing for faster and cheaper transactions.
Neo (NEO)
Neo is an open-source blockchain platform that allows developers to build and run decentralized applications (dApps). It has a native coin called NEO and a separate token called GAS, which is used for specific purposes within the Neo ecosystem.
Cardano (ADA)
Cardano is a proof-of-stake blockchain that allows developers to build decentralized applications and smart contracts and has a native coin called ADA that is used for network governance and fee payment.
Zcash (ZEC)
Zcash (ZEC) is a decentralized blockchain and cryptocurrency that allows users to choose between private or public transactions using zk-SNARK technology, a proof-of-work (PoW) algorithm called Equihash, and shielded or transparent addresses.
Monero (XMR)
Monero (XMR) is a decentralized cryptocurrency that aims to provide users with a high degree of privacy and security through advanced technologies such as Ring Signatures, Ring Confidential Transactions, and Stealth Addresses.
Solana (SOL)
Solana is an open-source blockchain platform designed for building decentralized applications (DApps) and prioritizes speed, scalability, and decentralization with a native coin called SOL.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is a decentralized, Ethereum-based cryptocurrency with a sizeable token supply and a focus on community involvement and decentralization.
Litecoin (LTC)
Litecoin (LTC) is a decentralized, open-source cryptocurrency created in 2011 as a complementary asset to Bitcoin (BTC), offering faster and cheaper transactions.
Crypto Trading
Cryptocurrency trading involves the buying and selling of digital currencies, such as Bitcoin and altcoins, using online exchanges or directly between investors to make a profit or use them as an investment tool.
Dogecoin (DOGE)
The cryptocurrency was inspired by the “Doge” meme, which shows a picture of a Shiba Inu — a Japanese dog breed — sitting, paws folded over each other.
Digital Assets
Digital assets are any information or media that exists in digital form and comes with the right to be used, including items such as digital artwork, music, videos, documents, and cryptocurrency.
