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Cryptocurrency and Blockchain Dictionary

A complete list of crypto definitions

Cryptocurrency and blockchain glossary

Commonly used terms in the world of blockchain and cryptocurrency

Terms commonly used in the world of blockchain and cryptocurrency

IDO

This is a format for attracting investments in which the sale of tokens to investors of any project is organized on a decentralized exchange, for example, Pancakeswap. ILO (Initial Liquidity Offering) - a type of IDO when funds are sent to the liquidity pool

Other Important Terms

Market Order

Order (application) for quick purchase/sale at the current market price. For example: a market order for sale will correspond to the cheapest limit order for a purchase available in an exchange glass. The warrant will pass throughout the glass until it is closed according to your volume, so do not forget to look at liquidity.

Pump and dumps

This is a strategy, the essence of which is to increase the cost of the coin (smell), and then sell, that is, drop the coin (ask).

Fomo

The abbreviation, which is deciphered as a syndrome of lost opportunity or benefit. The negative emotional state that occurs in the crypto -investor if he did not take advantage of the presented opportunity to earn or profitably invest his funds. The peak manifestations of this state are manifested when the entire network literally buzzes about incredible Xs, that is, profits, and this user only remains, what to consider other people's earnings.        

Blockchain

Blockchain is most simply defined as a decentralized, distributed ledger technology that records the provenance of a digital asset.

Listing

This is the process of adding a new token to the exchange, as a result of which token becomes affordable for trading.

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