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Explore Crypto Terms & Definitions

Spot Price

The Spot Price of a cryptocurrency is the price at which you can buy it 'on the spot' in other words right now. This is the simplest form a trade offered by cryptocurrency exchanges.

Stablecoin

A type of cryptocurrency specifically designed to avoid volatility by pegging their value relative to an external asset or group of assets. For example USDT (Tether) retains a value pegged to the US Dollar.

Staking Pool

When stakeholders group together and combine their staking resources (either computing power or currency) to increase their chances of validating blocks earning rewards. 

Stop Loss Order

A type of trade that will automatically close if losses reach a specific point. Used to protect a trader from excessive loss.

Strong Hands

Describes someone with a strong resolve to not sell their crypto even in the face of negative sentiment or declining prices, because of a belief in its fundamental value. Sometimes simply referred to as Diamond Hands.

Swing Trading

A specific approach to trade where you attempt to profit from 'swings' i.e price changes that play out over the short to medium term.

Technical Analysis (TA)

The analysis of future price direction based purely on historic price movement and volume, and through a range of interpretive indicators.

Testnet

Name given for a trial version of a blockchain that doesn't include real transactions.

Time Preference

Describes whether someone is focused on receiving benefits today (high time preference) or in the future (low time preference). Hodling Bitcoin is often described as low time preference, whereas Day Trading is high time preference.

TLDR

Too Lazy Didn't Read. Refers to a short summary explanation of a subject for those that don't want to read the long version

Spread

The difference between two price points. In cryptocurrency trading the Spread refers to the difference between the ‘Bid’ and the ‘Ask’ price and is an implied cost. The wider the spread the greater the cost of the trade.

Staking

Depositing a specific amount of cryptocurrency with a provider or protocol under specific conditions and in return for specific rights or rewards.

Stock-to-flow

A measure of scarcity by comparing existing supplies of an asset to the flow of new production e.g existing stock of gold divided by the yearly production of new gold.

Store of Value (SOV)

Something that can be relied on to hold relative purchasing into the future. Gold has historically proven a good store of value, but Bitcoin has consistently outperformed it.

Stuck

An unconfirmed transaction yet to be included in a block usually because the fee is too low relative to other transactions.

Tank

Informal description of a large and/or sudden fall in the price of a cryptocurrency.

Technical Indicators

Interpretation of price movement and volume into pattern-based signals which can be used to predict future price direction.

Ticker Symbol

A three letter abbreviation used as a unique identifier of a traded cryptocurrency.

Timestamp

A crucial element of blockchain design, it establishes the exact time/date that a block was mined and validated by a blockchain. A timestamp is hashed and includes the previous timestamp creating a chronological chain of record.

Token

A type of cryptocurrency that has a specific use case within a blockchain ecosystem, rather broader use as money.

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