Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

Quick Links

Tools

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.

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.

Volatility

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.

Bear Market

This is the period in the cryptocurrency market, which is accompanied by stagnation or falling prices for cryptocurrency assets.

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

Keith or Vail

This is an experienced crypto investor that owns large volumes of cryptocurrency assets.

Cryptocurrency News

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.