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General => Crypto => General Information => crypto trading => Topic started by: Bravebold on

Title: CRYPTOCURRENCY TRADING TERMS TO KNOW
Post by: Bravebold on
CRYPTOCURRENCY TRADING TERMS TO KNOW
AMM: Automated market maker, the underlying protocol that powers decentralized exchanges
Altcoin: A digital asset that's not Bitcoin or Ethereum
Cryptocurrencies: Digital assets that have their own blockchain
DEX: The acronym for decentralized exchange — the marketplace for peer-to-peer trading
Pairs: Digital assets that can be traded with each other on an exchange; examples include Bitcoin for Ether (BTC/ETH) and Bitcoin for dogecoin (BTC/DOGE)
P2P: Peer-to-peer trading, which eliminates the middleman
Stablecoin: Tokens backed by fixed assets, such as the dollar or gold
Staking: Earning interest on stored crypto assets
Tokens: Digital assets built on an existing blockchain