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Address
Cryptocurrency is received, sent, and held over a certain location, which is indicated through a unique address represented by a long string of characters. It consists of around 30 alphanumeric characters where every cryptocurrency has its own unique formation such as Bitcoin that starts from 1, 3, or BC1 and Ethereum that initializes with 0x.
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Altcoin
Since the introduction of Bitcoin in the cryptocurrency market, any cryptocurrency that follows it is also called altcoins or “alternative coins.” According to a source CoinMarketCap, there are over 5000 altcoins listed in the market.
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API
Application Programming Interface is observed as a collection of different routines, protocols, and tools consumed while building a software application. APIs direct the nature of interaction for each software component and other guidelines such as the utility of data and different actions to take.
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API Trading
Continuous interaction with a trading system is possible with the help of API trading. It specifically provides a path to execute tasks on an exchange directly.
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Arbitrage
An asset bought and sold simultaneously on different exchanges leading to a benefit from the price difference is referred to as arbitrage. It is regarded as utilizing the advantage of the price difference of an asset between two different exchanges.
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Ask Price
An ask price is viewed as the lowest acceptable price considered by a seller over their sell order while trading an asset on an exchange.
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ATH
ATH The All-Time High of a coin and token is referred to as a limit surpassing the previous peak of the coin in the cryptocurrency market, discovering contemporary support at a higher level.
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ATL
The lowest price ever achieved by a coin or a token in the cryptocurrency market is regarded as its All-Time Low.
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Base Currency
The base currency, commonly known as the transaction currency, is the initial reading of the currency presented in the currency pair quotation. It is followed by a second part of the quotation, which is recalled as a quote or counter currency.
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Bear
A person being pessimistic about the market while expecting an asset or currency to decline in value is known to be a “bear” about the market. Some crypto traders can be mislead by a bear trap by selling an abundant amount of cryptocurrency simultaneously, giving a false perception of an upcoming price decline to the market.
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Bear Trap
An incorrect signal of a reversal of a trending price about the performance of a financial instrument influences a faulty technical pattern, which is regarded as a bear trap.
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Bid/Ask Depth
The collective volume of buying and selling orders over a settled price. The bid depth represents the cumulative volume of the buy orders, while the ask depth depicts the cumulative volume of the sell orders.
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Bid/Ask Spread
This spread is represented with a chart where the difference between the highest limit buy order and the lowest limit sell order is displayed. A market order fills the gaps under the presence of matching market orders of the opposing type. It fills in partially with limit orders; otherwise.
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Bit Price
The highest price at which a specific product can be sold to a buyer is known as the bid price. It is valued as a commodity, security, or cryptocurrency offered by a buyer in the financial market.
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Bitcoin
A decentralized digital cryptocurrency that can be transmitted from a user to another through a peer-to-peer network without any central authoritative power such as banks and other intermediary parties.
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Bitcoin Cash
Bitcoin Cash emerged after a fork of Bitcoin in August 2017. This cryptocurrency provided larger block sizes with aggrandized transaction rates. It was followed by another fork splitting into Bitcoin Cash ABC and Bitcoin Cash SV in November 2018.
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Bitcoin Pizza
The first transaction involving a physical good was performed in May 2010. The day when Laszlo Hanyecz bought two pizzas for 10,000 BTC is recalled as the “Bitcoin Pizza” day.
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Blockchain
A frequently thriving, append-only, list of records is called a Blockchain that is interconnected and protected with cryptography.
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Bollinger Bands
Bollinger Bands are a type of indicator or price analysis tool which recognizes price trends of an asset.
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Bots
Clogged with a preset algorithm for purchasing and selling, these automated trading bots are developed for the purpose of finalizing trading orders with agility.
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BTC
BTC is a commonly utilized ticker symbol for Bitcoin. Though officially XBT is recognized as its standard ticker symbol, the market has developed its own common emblem for Bitcoin.
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Bull
A Bull is regarded as a person highly optimistic over future cryptocurrency prices.
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Bull Market
It is recognized as a condition of the financial market where the prices are either rising or are expected to rise.
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Bull Trap
Unlike the Bear Trap strategy, the Bull Trap strategy tricks the investors into perceiving a hike in the price by managing a short rise in the initial price. However, the price falls instead.
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Bullish
A terminology that refers to the optimism over the positive future of a crypto price in the market.
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Buy Wall
Created by affluent individuals, well-heeled groups, buy walls are a resultant of a sole buy order or a collection of multiple large buy orders managed under the same price within an order book of a financial market.
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Candlestick
A candlestick is referred to as a graph representation of the price actions that depict the open, close, high, and low points over a certain period of time.
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Circulating Supply
It is the impeccable approximation of the coin count reciprocating in the crypto market and the general populous.
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Coin
A coin in the cryptocurrency market is attributed as crypto, which functions individually or through a propriety Blockchain.
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Cold Storage
It is an offline wallet purposefully developed for storing cryptocurrencies. With the help of cold storage, the digital wallet is secured from illegitimate access and vulnerability within a platform with no connection with any internet service providers.
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Cold Wallet
An alternative to digital and hot wallets, the offline cold wallets are far more secure and safer as compared to their competitors.
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Conditional Order
A conditional market order is brimmed as soon as the preset trigger price equalizes the last traded price. A conditional limit order shall be submitted to the order book and aligned for execution simultaneously.
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Confirmations
In a conventional Blockchain, a transaction is confirmed over its addition in a block of the chain itself. One block act as one confirmation. Every additional block added is referred to as another confirmation of the transaction. Every exchange has its own limit of confirmations before finalizing a cryptocurrency transaction.
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Copy Trading
A tool particularly utilized for copying the actions taken by another experienced user is known as copy trading. It connects a percentage of the copying trader’s fund with the investor from whom the idea is being primarily copied.
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Crypto Arbitrage
The concurrent purchase and sale of a cryptocurrency from a different set of exchanges leading to a profit from the imbalance in its prices are referred to as cryptocurrency arbitrage. Crypto arbitrage functions due to the price differences of identical assets over different crypto exchanges.
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Cryptocurrency
Cryptocurrencies are invoked as a digital asset that accommodates peer-to-peer transactions and Smart Contracts on the Internet with its decentralization characteristics.
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Decentralized
A property of the system where every node or portion of it functions in a distributed fashion with a common goal.
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Decentralized Exchange (DEX)
It is categorized as an exchange that operates in a peer-to-peer fashion, where users perform purchasing and selling of assets without central authority involvement.
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Desktop Wallet
A desktop wallet is software utilized in places where users need to store cryptocurrency on their Personal Computers.
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Distributed Ledger
Distributed Ledgers are consumed for storing or recording information that is distributed across a range of devices. Blockchains are considered as an example of distributed ledgers designed for keeping track of all cryptocurrency transactions.
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Distributed Network
Such a network where the induced data and processing capability is distributed over the nodes without any third party or authority involvement.
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Dolphin
A person is referred to as a “Dolphin” in the crypto market if he/she holds a considerable quantity of cryptocurrency, which evolves him from a “fish/minnow” however still keeps him a step away from being a “Whale.”
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Dust Transactions
Transactions involving transfers of minute values to be sent while considering the high fee acquired.
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EOS
It is a native cryptocurrency of the EOS.IO Blockchain network, representing a renowned decentralized system that provided a platform for the creation, hosting, and execution of practically utilized decentralized applications (dApps).
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ERC-20 Token
The tokens primarily and solely designed on the Ethereum Blockchain are recognized as ERC-20 tokens. To viably utilize, transfer and exchange these tokens over other tokens, a certain list of standards must be followed.
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ERC-721
A free-of-cost, open-for-all standard designed to regulate the development of non-fungible and unique tokens on the Ethereum Blockchain. In contrast to all tokens being fungible in nature, ERC-721 provides a unique approach through its nature. They can often be treated as collectibles.
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Ethereum
The first blockchain-based cryptocurrency introduced by Vitalik Buterin based on a technology that initiated the concept of Smart Contracts and Decentralized Applications in the digital financial world.
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Exchange
An Exchange in the Crypto market is recognized as a digital marketplace where traders purchase and sell crypto coins or exchange them for different assets.
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Exchange Traded Fund (ETF)
ETF acts as a security protocol for tracking a bucket of assets, including stocks, bonds, and different cryptocurrencies. This collection of assets, however, can be considered as a single reserve.
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Fakeout
A situation is regarded as a Fakeout where a trader assumes a future transaction signal or price, yet the signal movement never propagates, and the associated asset devalues itself in the opposite direction.
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Fish
A fish or a minnow is recognized as such an individual in the crypto market that inherits a very inconsequential amount of cryptocurrency while depending wholly on the whales and the direction they intend to take within the market.
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Flat Currency
The conventional paper money or default currency recognized by a government as their center of all financial dealings such as USD ($) or Euro (€).
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Fork
An amendment within a cryptocurrency’s rules or protocol is deemed as a fork. The developers of a cryptocurrency always look forward to bring modifications within its protocol.
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Gas
Gas is the threshold value for successfully executing a transaction or a contract within the Ethereum Blockchain.
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Gwei
A gwei is a very minute portion of an Ethereum coin which is utilized for the evaluation of the transaction fees during a transaction through Ethereum coins. One Ethereum coin is equal to 1,000,000,000 gwei.
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Halving
It is recognized as an event in the crypto world where the total Bitcoins rewarded per confirmed mined block is halved, which occurs after every 210,000 blocks mined.
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Hard Fork
A type of fork where the variation in the cryptocurrency's protocol resulting to the creation of new blocks, hence a chain makes the old protocol incompatible with the newly-made chain.
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Hardware Wallet
A hardware wallet is accredited as a physical commodity for handling private keys.
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Hash
The inputted letters or numbers are evolved and encrypted into an output having a fixed length. This is accomplished with the help of a function named hash. It is created with the aid of an algorithm, which makes it an important gizmo for managing blockchains in cryptocurrency.
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High-Frequency Trading (HFT)
HFT is recognized as algorithmic trading, which executes a considerable quantity of orders within a fraction of a second.
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HODL
A passive investment strategy is guiding users to hold an investment for an elongated period of time despite the changes occurring in the market. HODL gained popularity through a typo in a Bitcoin forum. However, it is now commonly referred to as “Hold On for Dear Life.”
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Hot Wallet
In contrast to a cold wallet, a hot wallet is interconnected with the Internet making it an immediate storage capacity for cryptocurrency assets.
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Iceberg Order
It is a conditional order for handling large volumes of assets in smaller pre-determined quantities for harboring the total quantity of the order.
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ICO
ICO or Initial Coin Offering is a crypto project while going public, where the developers offer tokens in exchange for funding.
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IEO
Initial Exchange Offering is a fundraising event in the cryptocurrency market where the exchange grows money on its own. ICO, in contrast to IEO, utilizes a team for the initiation of fundraising.
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IPO
In the crypto market, an Initial Public Offering is attributed as the primary release of shares to the general population performed by a company.
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KYC
A business process guiding a user to recognize and verify the client's identity is known as the “Know Your Client” technique.
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Leverage
The financial market cites leverage as buying additional power that is gained through margin trading. With a considerable amount of borrowed funds, the user effectively pays less than the asset's full price.
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Limit Order/ Limit Buy/ Limit Sell
A limit order is achieved whenever an asset or a cryptocurrency reaches a specified price in the market.
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Liquidity
It is a peer-to-peer cryptocurrency project based on an open-source software released under MIT/X11 licenses. Litecoin performs the creation and transfers of the coin under a series of cryptographic protocols with no certain interference from any central authority. Litecoin mirrors the concepts of Bitcoin, however, it is far cheaper and efficient to use.
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Long
Long indicates a situation where a cryptocurrency bought is expected to be sold at higher prices in the market with the aim of gaining profit.
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Margin Trading
Margin Trading is recognized as a practice in the financial market where users buy assets by consuming the funds gathered from a broker in the market.
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Market Cap
Market caps are assumed to be the collective value of the crypto-asset held in the market. It can be evaluated through determining the product of the circulating supply of the coin or token with its current price in the market.
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Market Capitalization
It is a technique utilized for ranking the relative size of the cryptocurrency. Market Capitalization can be determined by multiplying the price of the cryptocurrency with its circulating supply.
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Market Maker
Any shareholder that presents the desire to buy or sell assets in the prices publicly quoted on a regular basis is known as the Market Maker.
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Market Order
An order that refers to a trade deal occurring immediately over the highest available price of an asset.
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Maximum Supply
The maximum supply in the crypto market is regarded as the best approximation of the total number of coins that might ever exist in the complete lifetime of a certain cryptocurrency.
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Miner
Miners are recognized as individuals who consume their computing power for the verification of transactions on a blockchain. These individuals seek blocks as a reward in return.
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Mining
The process of constructing new coins over the verification of each transaction on a blockchain.
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Mining Algorithm
A model from the existing data is created with a collection of heuristics and calculations developed in the algorithm.
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Mining Pool
A joint group of cryptocurrency miners who form a network by combining their computational resources.
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Mobile Wallet
A category of wallet where users can store cryptocurrencies on their mobile phones.
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Moon/Mooning
A cryptocurrency or any financial asset experiencing a positive boost in a market trend is invoked through a colloquial expression known as mooning.
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Multi-Signature
Transactions that require two or more signatures for its validation is hinted as multi-signature.
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Node
A copy of the blockchain possessed by a computer, along with its continual maintenance, is referred to as a node.
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One Cancels the Other Order (OCO)
Concurrent creation of a pair of orders with the feasibility of executing one of them is accredited as an OCO situation.
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Open/Close
These general terms hold importance in the conventional trading market, where operations occur over a fixed period of time. A price “opens” at a certain time period and “closes” at another time period.
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Oracle
The outcomes for Smart Contracts are determined through a data source from a third party known as Oracle.
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Order Book
A list of uncovered buy and sell orders related to an asset on an exchange or a marketplace with the asset's best available prices.
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OTC-Exchange
Over-the-Counter trading is performed among two parties directly with no central supervision from the exchange.
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Paper Wallet
Paper Wallet refers to an offline mechanism for storing coins. Users are required to have their private keys and addresses printed on a single piece of paper.
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Peer-to-Peer (P2P)
This technique involves two computers associated with each other who share the workload or resources with no third party or central authoritative involvement.
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Pegged Currency
Pegged Currency refers to such currencies attributed to the same value or price as their designated asset.
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Price Action
Price action is a useful metric for identifying trade setups, which is plotted over a chart with the financial assets' price movements plotted over time.
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Private Key
Private Key is referred to as a sophisticated version of cryptography that provides users with access to their owned assets.
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Public Key
A unique and public wallet address that is characterized as a string of different characters. Public Keys are important for validating the seizure of crypto-assets.
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Pump
The terminology is representing an upscaling of a cryptocurrency’s price occurring due to the large sums of investments by “Whales” in the market.
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Pump and Dump
Whenever an altcoin gains attention in the crypto market, it follows a recurring cycle where it faces a price increase followed by a huge decrement.
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QR Code
A special information-bearing code that can be read by any device inheriting a camera.
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Quote Currency
The quote currency is recognized as the second part of a currency pair. For example, in the pair of XBT/USD, the USD represents the quote currency.
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Race Attack
A race attack is practiced over the simultaneous creation of two transactions with similar funds, with the motives of spending the funds twice in a single batch.
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Ripple (XRP)
A cryptocurrency and an open-source payment platform developed by OpenCoin in 2012, giving the autonomy to transfer cryptocurrency in the form of XRP. The platform aims to provide a real-time experience in practicing global payments all around the world.
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Road Map
Road Maps are assigned as a strategic plan depicting the project's goals or outcomes, including all the important steps and milestones to achieve them.
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Seed Phrase
A collection of words that can be conventionally consumed to access the cryptocurrency wallet is accredited as a seed phrase.
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Sell Wall
The condition of accumulation of sell orders over similar prices within an order book for an asset is recognized as a sell wall.
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Short
The technique where a financial asset is borrowed with the intention of selling it under a price that continuously in decline. Under such circumstances where the price doesn’t decline, the short seller buys the specific asset at a lower price and have it returned to the lender for making a profit out of this clenched situation.
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Slippage
A slippage across an order is associated with the price variations in the execution and creation of the order.
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Smart Contracts
Smart Contracts operate conditionally over a set of required terms, which, if met, leads to the successful execution of the agreement and is canceled if the terms aren’t achieved.
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Soft Fork
A change in the cryptocurrency's protocol brings new blocks in shape; however, unlike Hard Fork, Soft Fork remains compatible with the original version.
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Spread
The spread in the market is referred to as the difference in the best buy and sell offer.
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Stop Loss Order Type
This order type is consumed as a closing order for putting a line over the profits or losses over an expansive or shortened position. However, it can be used as an opener to a position.
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Take Profit Order Type
This technique is used for targeting a profit price on a long or short position. It can either be saved in the form of an absolute price or a percentage metric. This order type can also be used for opening a position.
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Taker
A market or limit order that promptly covers the existing order in the order book. Takers are developed under the objective of removing liquidity in the order book.
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Ticker
A shortened name or an “abbreviation” specified for a coin on a trading platform. For example, BTC or XBT.
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Token
A type of cryptocurrency dependent on other cryptocurrencies that acts as a platform for them to operate.
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Total Supply
The maximum amount of the coins that would ever exist in the market. It includes all the coins stored along with prospected coins to be mined in the future.
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Trade Volume
The metric is representing the frequency of the coin being bought or sold over a certain time period.
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Trader
The person responsible for buying and selling financial assets is known as a trader in the financial market.
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Trading Pair
A trade occurring amongst two different types of crypto assets is cited as a trading pair. For example, BTC/LTC.
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Trailing Stop
It is a Stop Loss type order that moves beyond the settled market price. Trailing Stop operates over a set of requirements; when the trading terminal is directly connected with the contractor’s server and occurs only on the side of the trader. It is considered as an opportunity for “pulling” a limit order for the price.
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Transaction Fee
A fee allotted to the miners for successfully executing a transaction on a blockchain.
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Transaction ID (TXID)
A transaction identifier that references the specific transaction on the blockchain. It is also known as Transaction Hash.
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Utility Token
Cryptocurrency tokens with specific utilities on a network. Utility tokens are designed to be spent within a certain blockchain ecosystem and can be used to purchase a good or service offered by the issuer.
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Volatility
The term “volatility” refers to how quickly and to what extent do the price of a certain asset changes. The volatility of an asset is evaluated with standard deviations in its annual return over a settled time-span.
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Wallet
Wallets are software or devices in the crypto market that constitute public or private keys aiding the users to store cryptocurrencies within it.
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Wei
Wei is the smallest presentable unit for Ether (ETH), the currency referring to Ethereum. Wei is utilized while considering gas prices.
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Whale
The extremely wealthy investors or traders of the crypto market holding the major shares of the cryptocurrency that can guide the market in any direction as they desire are referred to as Whales.
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Whitepaper
The informational document designed with the objective of explaining the philosophy, aims, and the technical details of a project or step taken in the market.
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XBT
The ticker is officially representing Bitcoin, which is used in some crypto exchanges for representing Bitcoin (along with BTC).
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Zero Confirmation Transaction
This terminology is an alternative term that can be used to express unconfirmed transactions.
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Zero Knowledge Proof
The term explaining the validation of a transaction without having its details released is known as zero-knowledge proof.
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0x
0x is an open protocol functioning in the Ethereum blockchain for the decentralized exchange of digital assets. It operates under a standard set of rules implemented over the system or the parties involved in the transactions for managing smooth communication.
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2FA (Two-factor Authentication)
2FA is a security protocol issued for strengthening the safety of the crypto wallet or associated accounts. Generally, accounts require a simple set of credentials, including usernames and passwords. Two-Factor Authentication adds code and the credentials to enhance the wallet's security before performing several actions on it.