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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

Insight

This is a phenomenon, which is a spontaneous finding solution of any problem that arose as a result of

Other Important Terms

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).

Bounty program

Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Telegram channel or by (re)tweeting. It could also be a bit more difficult like a translation job for example. The participants receive rewards in the form of coins in exchange for completing these bounties.

Listing

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

Transaction Fee

These are commission fees that the user pays to miners or validators of the network for various transactions and transactions. The commission is paid using the native tokens of a particular network, for example, on the BSC network for transactions, you need to pay in BNB.

GM / GN

Good morning / Good evening -

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