Value (ETH) is a metric on the Crypto.com Price page that represents the price of an asset in Ether (ETH). The stochastic oscillator is a momentum indicator used in technical analysis of securities trading. A sidechain is a separate blockchain that runs in parallel, and acts as an extension, to the main blockchain. Satoshis, known as ‘sats’, are the smallest unit available in bitcoin. Satoshi Nakamoto is the pseudonym for the to-date unknown individual or group accredited with the creation of Bitcoin.

Pegged Currency

As web3 and crypto continue to evolve, the Metaverse represents a vision of a decentralized, interconnected, and user-centric digital reality. This term originates from Reddit and Twitter stock market slang and has made its way to crypto. If you have diamond hands, you typically HODL as well and don’t panic or sell quickly. In contrast, paper hands mean that you are susceptible to selling quickly. Someone with paper hands sells shortly after any negative news or dips in the market, having very little risk tolerance.

Secondary Market

REKT comes from “wrecked” and describes getting absolutely destroyed financially in crypto trading. When someone gets REKT, they’ve lost a significant portion of their investment, usually from a bad trade or market crash. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility. Shilling is when someone with a vested interest promotes a particular cryptocurrency in order to create excitement and entice potential investors to buy. Individuals who are paid to promote a certain coin or token may also be considered shillers.

Also can be used derisively when someone shares commonly known information. “In it for the tech” is an expression that makes fun of people saying they only invest in crypto because they believe in technology rather than profits. Hfsp or “have fun staying poor,” is an acronym used to make fun of people who have not yet invested in crypto. It frequently accompanies (or is interchangeable with) NGMI, despite some saying it’s not the best way to encourage people to join crypto. “GOAT,” or “greatest of all time,” is one of the finest compliments you can pay someone in the crypto community.

This is one of the happiest moments of a trader as prices are about to rise. When a trader says To The Moon or uses a rocket emoji or Jpeg, they mean a certain Cryptocurrency price is about to increase. Each of the blocks hauls a historical database on cryptocurrencies that have been transacted until the block is full of the transaction.

Deterministic Wallet

A decentralised exchange (DEX) is a cryptocurrency exchange not handled in a centralised manner, as it acts in a non-custodial and anonymous way to swap cryptocurrencies. A crypto debit card is a payment card funded with cryptocurrency and used for everyday transactions, such as purchasing goods and services. A centralised exchange (CEX) is a type of cryptocurrency exchange that a company centrally runs and controls.

A whale is an individual or organisation that holds a significant amount of Bitcoin or other cryptocurrencies. Meaning ‘We’re all gonna make it’, WAGMI is commonly used in the crypto space to instil confidence and encourage the community. Volume (7D) is the total amount of a cryptocurrency asset traded within a seven-day period. Time to Finality (TTF) describes the amount of time it takes a block on a blockchain to finalise after a transaction is included in it.

A block reward is a crypto rewarded to miners after successfully validating a block. It comprises transaction fees and a block subsidy (or newly generated coins). A block refers to a group of completed transactions on a blockchain.

Distributed Validator Technology (DVT)

Bridges, for example, are interoperable protocols to enable transfers across two different blockchains. A hash function produces a deterministic, non-invertible, and collision-resistent cryptographic digest to make mining more efficient and difficult to reverse engineer. A ‘genesis block’ is the first block created on a blockchain and sets the rules for the blockchain. The Bitcoin genesis block was mined on January 3, 2009 by Satoshi Nakamoto. The disagreement can be about what code is being run, or which blocks are included in the blockchain.

In crypto chats you might see “I got rekt on that trade.” It’s just slang for “I lost a lot of money on this.” The word comes from “wrecked.” If you hear “don’t get rekt,” it means don’t lose too much. WAGMI stands for “We’re All Gonna Make It,” and NGMI stands for “Not Gonna Make It.” These came from crypto meme culture and often refer to different types of cryptocurrency. These are just short ways to talk about optimism or doubt in investments, especially in the volatile cryptocurrency market. Even more technical phrases like “rug pull” or “mint” originated from how smart contracts operate. Crypto lingo, or crypto jargon, is the exciting language that crypto traders, enthusiasts, investors, and fans use. Crypto slangs can be abbreviations, acronyms, misspellings, or expressions that refer to common occurrences or newly coined terms.

Tendermint is a blockchain protocol used to replicate and launch blockchain applications across machines in a secure and consistent manner. A taker fee is the cost incurred by traders who execute orders that are immediately matched, removing liquidity from the order book. Slippage occurs when a trader locks in a price for a trade but ultimately receives a different price from the original request due to price movement. The blockchain scalability trilemma states that blockchains can only simultaneously achieve two out of either decentralisation, scalability, or security — but never all three. Recency bias is a cognitive bias that states a trader puts more importance on recent occurrences than past ones when making trading decisions. A public chain (blockchain) is a completely decentralised and open network in which anyone can join and participate.

Rough Consensus

Liquidity refers to the ease with which a cryptocurrency can be bought or sold in the market without causing a significant impact on its price. Institutional investors Crypto slang are large, corporate entities that bring professional expertise, liquidity, and legitimacy to the cryptocurrency market, playing a critical role in its evolution. Hal Finney was a pioneering figure in the world of cryptocurrency and is considered one of the most important early contributors to Bitcoin. His work has had a lasting impact on the development and adoption of cryptocurrencies. GM stands for ‘good morning’ and is commonly used in the crypto community as a positive sentiment. GameFi combines gaming and finance in cryptocurrency, where game mechanics create a virtual environment in which players may participate and receive tokens.

• A private key is a secret key comprising letters and numbers that enables a crypto wallet user to access their funds and authenticate transactions.
• It’s derived from the phrase “to the moon,” indicating the optimistic belief that the price will rise so high it will reach the moon.
• Ape in or Apes is used to describe investors who throw money at a coin or project without doing research.
• A halving event is aimed at reducing inflation by lowering the amount of new coins created and cutting mining rewards in half.
• It works by selecting validators based on the amount of tokens staked.

We hope that this mini-glossary should help you with at least some of the more common yet perplexing crypto terms so you can get rolling without that awkward phase of struggling with the vocab. These are feared traders, who have large amounts of Bitcoin and other coins. A Whale can be an individual investor or large firm that buys currencies in large quantities.

DEX (decentralized exchange):

• ” or “Bear market blues are hitting hard.” These terms help communicate overall market sentiment quickly and effectively.
• In the last one, you can either work with other people or in a pool.
• If someone says “looks rare”, they are saying it might be rare and thus valuable.
• Cryptocurrency is a peer-to-peer (P2P) digital payment system that relies on cryptography and blockchain technology to verify transactions and maintain security.
• In other words, when the market goes down, BTD means “this is a chance to buy crypto at a discount.” For example, if Bitcoin price drops suddenly, people might tweet “BTD!

Now you’re equipped with the basic crypto lingo, let’s move on to some more complex terms. Traders shout LFG to hype themselves or the community when something good happens. Yield farming is lending or staking cryptocurrency into a liquidity pool through DeFi to earn rewards like interest.

No-coiner is a derogatory term for someone who is highly critical of crypto and believes that cryptocurrencies have little to no value. No-coiners feel that crypto is guaranteed to fail, and consequently do not hold Bitcoin (BTC), Ethereum (ETH), or any other digital currency in their portfolio. An abbreviation for ‘hold on for dear life,’ the term HODL actually derived from a misspelling of ‘hold’, which has stuck around and now means ‘keep’. As such, a crypto trader who buys a coin and does not plan on selling it in the foreseeable future is called a ‘hodler’ of the coin.