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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

BEP-20

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

Other Important Terms

ERC-20

This is a standard, a certain set of rules that allows developers to create tokens over the Ethereum blockchain. These tokens are known as ERC-20 tokens. The ERC-20 standard is the most common in the cryptocurrency industry today.

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).

Cup

The table of the nearest orders for the purchase and sale of an asset that you can see on any exchange or trading platform. Lyvyun in a glass/drain - "flip" - sell on a market -order, in market censer

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.

Altcoin

An altcoin is any cryptocurrency or token created after the Bitcoin was developed.

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