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 the process of adding a new token to the exchange, as a result of which token becomes affordable for trading.
These are assets (tokens) to be sold or purchased on the market without any influence on the basic price of this asset.
A smart contract is a computer program or a transaction protocol respectively, which is intended to automatically execute, control or document respectively legally relevant events and actions according to the terms of a contract, of an agreement or of a negotiation.
These are non -replaceable tokens. Each of these tokens is unique, inseparable and exists in the singular.
This is a transaction that is carried out in order to earn money to reduce the cost of a cryptocurrency asset. The algorithm of actions is as follows:
1) The trader believes that the price for token x will begin to fall in the near future, so it occupies a certain amount of these tokens on the bail of its own funds and immediately sells tokens X on the exchange
2) then patiently waits until the price for token x falls to a certain mark
3) As soon as this happens, the trader redeems X tokens at a lower price and returns their exchange
Profit: The difference between the price of the sale and the purchase price.
This is the period in the cryptocurrency market, which is accompanied by stagnation or falling prices for cryptocurrency assets.
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