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
This is a fluctuation in the price of the asset or its profitability for a certain period of time. As a rule, the higher the volatility of the asset, the higher the risk. The prices of such assets often fluctuate and for a short period of time can greatly go into plus or minus. The volatility is has a strong psychological effect on investors: with high price fluctuations, panic occurs, uncertainty presses and in the end the drain of securities at the very bottom begins, and then experiences from such manipulations.
This is a potentially profitable asset, which in the future can bring a lot of profit to the investor.
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.
This is an investor, with strong hands, who, in spite of everything, holds coins. The term denotes a strong player in the market
This is a copy of any token transferred from one blockchain to another.
There are many blockchains in the cryptocurrency industry: Bitcoin, Ethereum, Cosmos, Avalanche, etc. Blockchains are deprived of the opportunity to "understand each other": everyone acts according to their own rules and speaks their own language. Each blockchain has its own Native token - a coin that is used to pay for the commission:
for the Bitcoin network, this is bitcoin (BTC)
for Ethereum - ETH
For Cosmos - Atom
For Avalanche - Avax
If you want to carry out any actions, for example, send a USDT tokens to the EThereum network to another wallet, the commission will have to be paid in ETH tokens if Avalanche is an AVAX commission, etc. However, if you decide to send your USDT from Ethereum to Avalanche, your USDT will be lost. Why? Because USDT on the Ethereum and USDT network on Avalanche is not the same thing, because we remember that each blockchain lives according to its own rules.
And what to do if you urgently need to send your USDT from one network to another? For these purposes, cross -miners were invented - special applications that allow you to translate tokens from “one language to another”, that is, from one blockchain to another. In one network, the token is blocked, and in another - a copy is created that does not lose its original value. For example, if you transfer BTC from the Bitcoin network to Ethereum, it will become WBTC, i.e. wrapped.
Bullish (from the English. Bullish - bull)
The term that means optimistic mood and faith in the development of a separate token, project or the entire market.
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