Crypto Glossary

Learn Common Crypto Terms from the Crypto Glossary below:

  1. Decentralized API (dAPI)

    Application Programming Interfaces (APIs) services that are intrinsically interoperable with the blockchain technology are known as Decentralized Application Programming Interfaces (dAPIs). It originates from the API3 Protocol.

  2. Shielded Transaction

    It is a type of transaction that is established between two Shielded Addresses.

  3. 0x Protocol

    It is an Ethereum-based open-source platform that exists for exchanging cryptocurrencies. 0x allows for creating features within a Decentralized Exchange, a wallet, or a marketplace.

  4. 1hr

    It is a term representative of the data for the past 1 hour.

  5. 24hr

    It is a term representative of the data for the past 24 hours.

  6. 30d

    It is a term representative of the data for the past 30 days or 1 month.

  7. 7d

    It is a term representative of the data for the past 7 days.

  8. 51% Attack

    When more than half of the computing power or mining hash rate on a blockchain network is run by a single entity, i.e. an individual or a group, then it’s said to be a 51% Attack operation.

  9. Abstract

    It is a term to represent something that does not exist tangibly but only as a concept or an idea.

  10. Account

    It is the term representative of the functionality that works to track or reflect the financial activities related to a particular asset or an entity.

  11. Accounting Token

    Such types of tokens are merely the tokenized credit or debit entries (IOU/UOM) that are similar to what can be seen in any spreadsheet or ledger-based accounting system.

  12. Accumulation/Distribution Indicator

    It functions to determine the supply and demand units of an asset/stock/cryptocurrency by multiplying the closing price of a specific period with its volume.

  13. Adam Back

    It is the name of a world-famous cryptographer, cypherpunk, and a well-known crypto industry figure located in the United Kingdom.

  14. Adaptive State Sharding

    It is a type of approach that combines all the existing possible types of sharding into one for improving communication and performance capabilities. It is used by Elrond.

  15. Address

    It is a string of text containing numbers and letters that serve as a location for sending and receiving crypto assets.

  16. Adoption Curve

    It functions to represent the pace and depth of adoption of technology among a group of people. Reading the curve indication may sometimes account for segregating the target audience for understanding the market’s response or willingness.

  17. Aeternity Blockchain

    It is a term used to describe a specific type of blockchain technology network that works on a hybrid consensus approach. A hybrid consensus approach uses both Proof-of-Work & Proof-of-Stake consensus methods.

  18. Air Gap

    It is a concept that states that when data cannot be accessed, it cannot become corrupted or infected.

  19. Airdrop

    It is a type of marketing campaign that allows the sale or non-monetary distribution of a token or crypto asset to an audience.

  20. Airnode

    It is an oracle node and an API blockchain gateway deployed by API providers that desire to interact with the API3 blockchain protocol for placing their data feed(s) on-chain.

  21. Algo-Trading (Algorithmic Trading)

    It is a type of system using Automated Trading procedures to buy and sell orders that are placed as per the rules set by an algorithm or a computer program.

  22. Algorithm

    It is a term referring to a set of rules or instructions that must be followed by a computer, usually for purposes like problem-solving or performing calculations.

  23. Algorithmic Market Operations (AMOs)

    Such operations offer automated control of the algorithmic stablecoins supply for simultaneously enhancing scalability, transparency, and decentralization.

  24. Algorithmic Stablecoin

    Such coins have an in-baked algorithm, wherein it can issue more coins after reading an increase in their price and buy them off from the market when their price dips.

  25. All-Time-High (ATH)

    It is a term that refers to representing a point of time where the particular token/asset has attained its highest value or price in its entire history.

  26. All-Time-Low (ATL)

    It is a term that refers to representing a point of time where the particular token/asset has attained its lowest value or price in its entire history.

  27. Allocation

    It is the activity of allotment of tokens or equity that might be bought, earned, or reserved for an individual or group, and other types of entities.

  28. Alpha Version

    It is the preliminary or the foremost state of a program or software that is released with the aim of testing its interface and functionalities.

  29. Alphanumeric

    It is a term generally used to describe a phrase consisting of alphabets, numbers, and special characters.

  30. Altcoin

    After Bitcoin became the first to gain global recognition and popularity, all other cryptocurrencies or coins are therefore called Alternate Coins (Altcoins.)

  31. Altcoin Trader

    It is a term used to describe an individual that trades cryptocurrencies other than Bitcoin.

  32. Amazon S3

    It is an acronym for Amazon Simple Storage Service, whose purpose is to offer web-based cloud storage service. The service is said to offer scalable, high-speed, and inexpensive storage for global data storage and retrieval operations.

  33. AMLD5

    It is an updated version of the Anti-Money Laundering (AML) framework devised by the European Union. The acronym stands for European Union’s 5th Anti-Money Laundering Directive.

  34. Anarcho-capitalism

    It is a specific type of political philosophy devised and introduced by Murray Rothbard, an American economist, that is adopted or accepted by most crypto community members.

  35. Angel Investor

    It is a term describing a person or an entity that financially backs a startup or a venture.

  36. Annual Percentage Rate (APR)

    The rate that the borrower must pay every year is known as the Annual Percentage Rate(APR). Its value is determined by multiplying the periodic interest rate with the number of interest periods in the year.

  37. Annual Percentage Yield (APY)

    The rate of returns obtained over the period of a year on a particular investment is denoted by Annual Percentage Yield(APY). The APY is inclusive of the compound interest that is computed at regular intervals and added to the value of the investment.

  38. Anonymous

    It is a term used to describe when something specific is unknown or unidentified.

  39. Anti-dump/Anti-Dumping Policy

    Within the blockchain networks, it is a type of policy with a pre-established set of rules that serve to protect investors against pump and dump schemes. Such schemes are executed when a large number of investors boost the value of a specific token and dump them at a significantly higher price.

  40. Anti-Fragile

    It is a type of quality linked to an asset that ensures that it will perform better even when exposed to market shocks and volatility.

  41. Anti-Malware

    It is a type of application or software that serves to prevent, detect and remove malware and vulnerabilities from electronic devices like computers, servers, etc.

  42. Anti-Money Laundering (AML)

    The AML is a set of laws enacted globally to prevent criminal enterprises and organizations from laundering money through cryptocurrencies or assets into real-cash or fiat money.

  43. Antivirus

    It is a piece or type of program or software that is designed to protect electronic devices against cyber attacks and malicious programs, software, and code.

  44. Apeing

    It is an activity wherein an investor or individual initiates a token purchase shortly after the token project launch without performing any thorough research.

  45. API

    The full form of API stands for Applications Programming Interface. An API is a set of protocols, routine actions, and tools that are necessary to build software applications. They function to instruct the software about how it should interact, which data to utilize, and what actions to perform.

  46. Application Layer

    It is the top-most layer within a seven-layer OSI model.

  47. AR Token (Arweave)

    A native token of Arweave is known as AR Token.

  48. Arbitrage

    It is a practice of quickly purchasing and subsequently selling the same asset in different market(s) to take advantage of the price difference between the markets.

  49. Aroon Indicator

    It is an indicator that functions to identify the existence, changes, and corrective retracement of ongoing trends in financial markets along with their strengths.

  50. Ashdraked

    It is an event or the outcome when a trader completely loses their total invested capital, usually as a result of shorting cryptos or Bitcoin.

  51. ASIC

    It is the acronym for the Application-Specific-Integrated-Circuit. It’s a device that is designed with the sole purpose of mining crypto tokens.

  52. ASIC-Resistant

    It is a term that is applicable or used by blockchain networks or mining algorithms to represent that it does not offer additional mining benefits to ASICs over consumer-grade hardware systems.

  53. Ask Price

    It represents the minimum value that a seller is willing to accept against their asset for sale. It is also sometimes known as the offer price.

  54. Asset-Backed Tokens

    The tokens that have digital claims over a physical asset and are backed by the value of the physical asset are called Asset-backed Tokens.

  55. Assets Under Management (AUM)

    It represents the measure of the total market valuation of all the funds controlled by an individual, or an  organization on behalf of their clients

  56. Astroturfing

    It is a term referring to the practice of showcasing marketing campaigns or sponsored messages as the unprompted views of genuine community members.

  57. Asynchronous

    Events that don’t occur simultaneously or subsequently or at the same rate or time can be called Asynchronous.

  58. Atomic Swap

    It is the act of swapping cryptocurrencies from one party to another without using intermediaries like DEX or Centralized Exchange platforms.

  59. AtomicDEX

    It is an application offering a cryptocurrency wallet and DEX services that is available for various devices across platforms.

  60. Attestation Ledger

    It is a type of account book that is designed to provide evidence of individual transactions. Generally, it serves to attest to the record that a transaction has taken place at the stated time between the involved parties. It’s primarily used to provide authenticity of the transactions or products.

  61. Auction

    It is an activity concerning holding a public sale via the process of bidding where the asset is sold to the highest bidder.

  62. Audit

    It’s a process wherein developers or authorities inspect the underlying code/algorithm that contains a system or application.

  63. Augmented Reality (AR)

    It is an immersive type of experience that enhances the usage or value of real-world items or surroundings using computer-generated intuitive information collected via different sensory modalities like touch, sound, sight, and smell.

  64. Authentication

    The term refers to the process during which the identity of a person or individual is confirmed or verified using ownership or identification proofs. The process could include using fingerprint(s), password(s), SMS codes, etc. to grant the individual access to requested personal or sensitive information.

  65. Automated Market Maker (AMM)

    It is a type of system that facilitates providing liquidity to the exchange via which it operates through automated trading practices.

  66. Autonomous Economic Agent (AEA)

    It is a specific form of solution (software entity) jointly founded by and the IOTA Foundation which is granted the permission to take actions using its own intelligence without needing external inputs for the economic benefit(s) of the owner.

  67. Average Directional Index (ADX)

    It is a type of technical indicator that represents the measurement of how strong a particular market trend may be using the moving price average. Usually, it’s represented by a value between 1 to 100, where the larger value integer indicates a stronger trend.

  68. Bag

    It is a slang term in the crypto community to indicate the collection of a large number of specific cryptocurrencies. Alternatively, it also refers to the contents of an individual’s crypto ownership or staking portfolio.

  69. Bagholder

    It is a term used to represent the owner or investor holding a large quantity of a specific cryptocurrency or asset irrespective of the crypto item’s performance.

  70. Bakers

    Individuals who perform the act of Baking are called Bakers.

  71. Baking

    It is the name of the process used by Tezos to append new blocks of transactions onto its blockchain.

  72. Bandwith

    The room or quantity of the data capacity available for performing or completing any transactional activity on a blockchain network is called Bandwidth.

  73. Bank for International Settlements (BIS)

    It is an international financial institution that functions to promote global monetary and financial security.

  74. Banking as a Service (BaaS)

    It is a term usually referred to identify platforms that offer a greater level of financial transparency options by making banks open their APIs to third parties for developing newer services.

  75. Banking Secrecy Act (BSA)

    It is the name given to an act introduced in the United States in 1970, which prevents criminals from concealing or laundering their illegal gains.

  76. Basket

    In the crypto community, the term translates to a collection of various digital currencies that are managed as a singular asset.

  77. Batch Auctions

    It is a type of trading mechanism that groups together various individual transactions to execute them simultaneously.

  78. Beacon Chain

    The blockchain that coordinates staking, shard chains, and registry of validators management in a PoS cryptocurrency are referred to as Beacon Chain. An example of a Beacon Chain is Ethereum 2.0.

  79. Bear

    It is a term used to describe an individual that holds the belief that the prices of specific assets within the market will decline for an extended period. Such individuals may also be called Bearish.

  80. Bear Market

    The state in which the price or value of an asset falls below 20% from its recent high is said to be a Bear Market. In such a state, the confidence of the investors is low, along with the economic and market sentiment being pessimistic.

  81. Bear Trap

    It is the activity of attempted manipulation of the price of a specific cryptocurrency based on coordinated activities of a group of traders.

  82. Bearwhale

    It is a term given to a person or entity that holds a great number of specific cryptocurrencies that use their collection to drive its prices up or down.

  83. Benchmark

    It is the name of a comparison method where the performance of an asset or investment portfolio is gauged against another similar asset or portfolio. The prime purpose of Benchmarking is to the gap which can be bridged by increasing the performance indicators.

  84. Benchmark Index

    It is the popular index security that serves to measure or benchmark, against which the progress of a broader market could be tracked.

  85. BEP-2 (Binance Chain Tokenization Standard)

    It is the name or type of the Technical Standard for tokens existing on the Binance Blockchain.

  86. BEP-20

    It is a token standard existing on the Binance Blockchain created with the intention to extend the ERC-20 token standard.

  87. BEP-721

    It is a token standard that allows the creation of NFTs on the Binance Chain and is considered an extension of the ERC-721 token standard.

  88. BEP-95 (Bruno Hard Fork Upgrade)

    The Binance Evolution Protocol (BEP-95) is a Bruno Hard Fork upgrade enacted with the aim and goal to speed up the process of burning BNB token(s).

  89. Beta (Release)

    It is a term for a pre-released software whose access is granted only to specific or limited users & third-party testers for examining its performance in real-world scenarios.

  90. Bid Price

    It is a term referring to the maximum cost that an individual is willing to pay to secure an asset, commodity, contract, or service.

  91. Bid-Ask Spread

    It is the difference that exists between the maximum and minimum price that a buyer is willing to pay and accept towards an asset, respectively.

  92. Big Tech

    The term refers to the four biggest technology corporations on the planet who own the biggest market share in their respective industries. Typically, the Big Tech refers to companies namely, Apple, Google, Facebook, and Amazon.

  93. Binance Labs

    It is the name of a project that nurtures, invests, and develops the blockchain and cryptocurrency businesses, communities, initiatives, and social impact funds.

  94. Binance Launchpad

    It is a platform offering crypto-startups the capital to raise their projects to millions of global investors within the Binance ecosystem.

  95. Binary Code

    It is a number system used by computers consisting of two values i.e. ‘0’ and ‘1’ which are used to represent data, including text, images, etc. The data regarding computer processor commands also exist in the form of Binary Code.

  96. Bit

    It is a term for the smallest unit of information on a computer or a network.

  97. Bitcoin ATM (BTM)

    It is a type of Automated Teller Machine that allows an individual to buy or sell Bitcoin using it.