Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Diamond Hands

This is an investor, with strong hands, who, in spite of everything, holds coins. The term denotes a strong player in the market

Other Important Terms

Listing

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

Excount on the exchange or in the service Multiakacounds (cartoons, cartoons) - several accounts that belong (Athenicated) to one person, but decorated on different people (relatives, acquaintances) Drop (astronaut) - a person whose documents are drawn up by a multi -account Multiakking (cartoon) - an investment (speculative) process that uses multi -accense Abusing (from the English. Abuse - abuse) - use all the capabilities of the system, violating the established rules - for example, multipacing or using bots/scripts

Hodl

This is a crypto -investor strategy entitled "Remove cryptocurrency and keep it, no matter what." This term was formed in distant cryptocurrency times, when one of the users of the network made a typo in the word "Hold" (hold). The story was encouraged and became a meme, and the word migrated to the slang of the crypto -investor. It is permissible to use both options: Hold and Hodl. Holding (worthwhile) means holding cryptocurrency on the wallet and not selling. Holder (Kholer) an investor who adheres to this strategy.

Cold Storage

Cold storage refers to storing cryptocurrency on a place where the private key cannot be accessed via the internet. This can be done on a hardware wallet, paper wallet or software wallet in an offline environment.

BEP-20

This is the standard of tokens in the BSC blockchain (Binance Smart Chain).

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