Crypto vocabulary

Crypto vocabulary archive

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Desktop wallet
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A desktop wallet is a software wallet downloaded onto your laptop or PC. There are many different examples of desktop wallets. Supporting Windows, Mac, Linux, ...

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Mobile wallet
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Mobile wallets is when you have an application on your phone or tablet where your cryptocurrencies are stored. They all provide different security features, ...

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Paper wallet
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A paper wallet is basically a piece of paper containing (printed or written) your private and public keys used to access your wallet on the blockchain. Make ...

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Web wallet
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As the name suggest a web wallet lets you interact with your wallet on the blockchain via a web browser or extension. There are two types of web or online ...

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Hardware wallet
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Hardware wallets are physical devices where you 'store' your Bitcoin or other cryptocurrencies. Your Bitcoin or cryptocurrencies are still stored on the ...

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Hot vs Cold wallet
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You might hear the terms 'hot and cold' wallets when it comes to Bitcoin and cryptocurrencies wallets. The difference between the two is that a hot wallets is ...

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Fiat currency
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Fiat currency is legal tender whose value is backed by the government that issued it. The US. dollar is Fiat money, as are the EURO, GBP and many other major ...

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TX
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TX stands for transaction. Each transaction made on a blockchain has its own unique reference and identification. Similar to how bank transactions works....

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Wallet
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A wallet is where you store your cryptocurrencies. There are different types of wallet, hardware wallets, paper wallets, software wallets, exchange wallets. ...

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Whale
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A whale is crypto slang for a person or group that owns so cryptocurrency that they can influence the market and essentially the price of that cryptocurrency. ...

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HODL
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HODL, is a unique terminology or meme within the crypto community. And it refers to the act of hodling or holding a cryptocurrency over an extended period. ...

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FUD
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FUD or Fear Uncertainty and Doubt is a term that exists within crypto but also in other areas like sales, marketing, PR, etc. It essentially is a strategy ...

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