Crypto Glossary

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  • 2FA

    The Two-Factor Authentication is an extra layer of protection used to ensure the security of online accounts beyond just a…

  • 51% attack

    An attack on a cryptocurrency blockchain by a group of miners who control more than 50% of the network's mining…


  • Airdrop

    A promotional activity that distributes free crypto tokens

  • Altcoin

    Altcoins are all alternative cryptocurrencies to Bitcoin.

  • AML

    Anti-Money Laundering

  • AMM

    Automated Market Maker

  • APR

    Annual Percentage Rate

  • APY

    Annual Percentage Yield

  • AR

    Augmented Reality

  • ATH

    Аll-time high

  • ATL

    All-time Low

  • AUM

    Assets under management


  • BaaS


  • Bear Market

    A market phase in which prices are falling

  • BIP

    Bitcoin Improvement Proposal

  • Block Time

    The average time required for mining a new block on the blockchain

  • Blockchain

    In its simplest form, blockchain is literally a chain of blocks, but not in the traditional sense. Blocks in this…

  • Blockchain Trilemma

    It refers to the idea that it's hard for blockchains to achieve optimal levels of all three blockchain properties simultaneously…

  • Bull Market

    A market phase in which prices are rising


  • Call option

    Financial contracts that give the option buyer the right but not the obligation to buy a cryptocurrency (or other assets)…

  • CBDC

    Central bank digital currency

  • CEX

    Centralized Exchange

  • CFTC

    Commodity Futures Trading Commission

  • Cold Storage

    Offline storage of cryptocurrency

  • Cryptocurrency

    Cryptocurrency is a new form of digital assets and medium of exchange that is based on blockchain technology and is…

  • Cryptojacking

    A cybercrime where bad actors hijack someone else’s computing resources to mine crypto


  • DAO

    Decentralized Autonomous Organization

  • dAPI

    Decentralized API (application programming interface)

  • dApp

    Decentralized Application

  • DeFi

    Decentralized Finance, a collective term for all finance-based dApps created on public blockchains.

  • DEX

    Decentralized Exchange

  • Digital currency

    A term for any money that exists purely in digital form and is sent electronically over the internet.

  • DLT

    Distributed Ledger Technology

  • DoS Attack

    Denial of Service is an attack meant to shut down a machine or network, making it inaccessible to its intended…

  • Double Spend Attack

    This happens when the same unit of a digital currency is fraudulently spent more than once.


  • EIP

    Ethereum Improvement Proposal

  • EMA

    Exponential Moving Average

  • ETF

    Exchange-traded Fund

  • EVM

    Ethereum Virtual Machine - a software that executes smart contracts and computes the state of the Ethereum network after each…

  • Exit Scam

    A trick where an established (usually illegal) project stops working while continuing to receive payments because of its previously good…


  • Fiat

    Government-issued currency such as the US dollar, euro, etc.

  • Fibonacci retracement

    Trend lines drawn between two significant points, usually between absolute lows and absolute highs, plotted on a char and are…

  • Flash Loan Attack

    A flash loan attack is an exploitation of a platform's smart contract security in which an attacker borrows large sums…

  • Flippening

    A hypothetical moment of Ethereum (ETH) overtaking Bitcoin (BTC) as the biggest cryptocurrency.

  • FOMO

    Fear of missing out

  • Fork

    A radical change to a network's protocol that makes previously invalid blocks and transactions valid, or vice-versa.

  • FUD

    Fear Uncertainty Doubt

  • Futures

    A type of derivative contract agreement to buy or sell a specific asset at a set future date for a…


  • Gas

    A gas fee is a blockchain transaction fee, paid (in ETH) to network validators for their services to the blockchain.

  • Genesis Block

    The name which is given to the very first block a cryptocurrency, such as Bitcoin, ever mined.

  • Governance Token

    A type of cryptocurrency that allows token holders to vote on the direction of a blockchain project.

  • Gwei

    A denomination of ETH (1 gwei is 1,000,000,000 wei)


  • Halving

    An event in which the mining reward on the Bitcoin network is halved every 210,000 blocks or roughly 4 years.

  • Hashrate

    A measure of the computational power of a blockchain network that is determined by how many guesses are made per…

  • HODL

    “Hold on to dear life” is a crypto slang term meaning to buy-and-hold indefinitely.

  • Hot Storage

    Online storage of cryptocurrency


  • ICO

    Initial coin offering

  • IDO

    Initial DEX Offering

  • Inflation

    An economic term for when prices of goods and services rise, causing the purchasing power of a fiat currency to…

  • IoT


  • IPO

    Initial public offering


  • KYC

    Know Your Customer - a mandatory process of identifying and verifying the client's identity.


  • L2

    A collective term to describe a specific set of Ethereum scaling solutions. A layer 2 protocol is a separate blockchain…

  • Leverage

    The use of debt (borrowed capital) in order to undertake an investment or project in order to multiply the potential…

  • Liquidity

    The ease with which a digital currency or token can be converted to another digital asset or cash without impacting…

  • Long Position

    A long position is one that bets on the price of an asset going up.


  • MA

    Moving Average

  • MACD

    Moving average convergence/divergence

  • Market Cap

    The total value of a project, company or other entity. For crypto, market cap is calculated by taking the current…

  • Market Maker

    Those who provide two-sided markets.

  • Market Taker

    Takers are those trading the prices set by market makers.

  • Mining rig

    A computer that is customized for cryptocurrency mining.


  • NFT

    Non-fungible tokens are digital tokens used to prove ownership of unique tangible and intangible items.

  • Node

    A node is a computer that connects to the blockchain network (for example the Bitcoin network) and uses a peer-to-peer…


  • Off-chain

    Transactions occurring on a cryptocurrency network that move the value outside of the blockchain.

  • On-chain

    Transactions that are recorded and verified on the blockchain.

  • On-ramp

    An on-ramp is any platform that facilitates users to acquire crypto assets or enter their markets.

  • Optimistim Rollup

    An optimistic rollup is an approach to scaling Ethereum that involves moving computation and state storage off-chain.

  • OTC

    Over-the-counter is trading assets through a broker instead of a centralized exchange.


  • P2E

    Play to Earn

  • P2P


  • Phishing

    A scam that attempts to lure you into giving up your username, password, or other sensitive information by masquerading as…

  • Private Key

    A code that proves a person’s ownership of a crypto wallet and allows the person to access the funds inside.

  • Proof-of-Stake (PoS)

    The Proof-of-Stake (PoS) consensus algorithm was created as an alternative to Proof-of-Work to address its inherent problems. The purpose of…

  • Proof-of-Work (PoW)

    Proof-of-Work (PoW) describes a system that requires significant effort in an attempt to prevent frivolous and malicious abuses of computing…

  • Public Key

    A code used to create an address so a crypto wallet can receive transactions.

  • Public Ledger

    A transparent, distributed digital record of transactions that can be downloaded by anyone around the world.

  • Pump and dump

    A scheme in which fraudsters typically spread false or misleading information to create a buying frenzy that will “pump” up…


  • Ransomware

    A type of malware which prevents you from accessing your device and the data stored on it, usually by encrypting…

  • ROI

    Return on Investment

  • RSI

    Relative Strenght Index


  • Sats

    Satoshis a denomination of BTC (1 sat = 0.00000001 BTC)

  • Security token

    A token that represents rights of ownership, transfer of value, or promise of returns that are tokenized on a blockchain.

  • Self Custody

    It signifies that only you have possession of your digital money or other digital assets because you control the private…

  • Sharding

    Splitting and distributing one logical data set across multiple databases that share nothing and can be deployed across multiple servers.

  • Shilling

    Convincing other people to buy something.

  • Short Position

    A short position is one that bets on the price of an asset going down.

  • Short squeeze

    When a cryptocurrency (or any other asset) moves higher and short sellers decide to cover their short positions or are…

  • Sidechain

    Separate blockchain that runs independently of Ethereum and is connected to the Ethereum Mainnet by a two-way bridge.

  • Sideways trading

    This occurs when the price of a security trades within a fairly stable range without forming any distinct trends over…

  • SMA

    Simple Moving Average

  • Smart contracts

    A smart contract is a computer protocol that allows the function of a simple contract to be digitally secured, verified,…

  • SPAC

    Special Purpose Acquisition Company

  • Staking

    Staking is the process of actively participating in the validation of transactions (similar to mining) on a PoS-based blockchain. In…

  • STO

    Security Token Offering


  • TVL

    Total Value Locked


  • Utility token

    A cryptocurrency on a smart contract blockchain that serves a specific function in a crypto project's ecosystem.

  • UTXO

    Unspent transaction output is the amount of digital currency someone has left remaining after executing a transaction.


  • Volatility

    A term used to describe how much the price of a crypto token deviates from the average over a given…


  • Wallet

    Hardware or software that stores a user’s private and public key pair and interfaces with a blockchain network.

  • Wash trade

    An illegal activity in which a single trader buys and sells the same security in order to generate misleading market…

  • Web3

    An idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and…

  • wei

    The smallest denomination of ETH (1 ETH = 1,000,000,000,000,000,000 wei)

  • Whale

    Investors who hold large amounts of specific cryptocurrencies.


  • Yield farming

    The act of lending or staking your cryptocurrency into a liquidity pool, through DeFi (Decentralized Finance) to receive rewards such…

  • YTD



  • ZK-Rollup

    An off-chain protocol that operates on top of the Ethereum blockchain and is managed by on-chain Ethereum smart contracts.