Crypto Glossary

Common Crypto Terms

Dictionary from A to Z

Learn the most important blockchain and cryptocurrency terms and common jargon here.

51% Attack

Also known as a majority attack. When one or a group of miners control greater than 50% of...

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Address

Your crypto “wallet address.” It’s a long string of letters and numbers where others can s...

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Airdrop

Free crypto sent to your wallet as a reward for showing up early or interacting with a pro...

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All-Time High (ATH) / All-Time Low (ATL)

The highest (ATH) or lowest (ATL) price an asset has ever reached. If you’re buying, you w...

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Altcoins

The short for "alternative coins," these are any cryptocurrencies that aren’t Bitcoin. The...

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Altseason

A market phase where Bitcoin's dominance wanes, and alternative cryptocurrencies (altcoins...

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ARB (Arbitrum Token)

The native governance token of the Arbitrum network. ARB gives holders the power to vote o...

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Arbitrum

A Layer 2 solution for Ethereum that makes transactions faster and cheaper. Runs off-chain...

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Automated Market Maker (AMM)

A system that lets you swap tokens on a DEX without needing a buyer or seller on the other...

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Avalanche

A high-speed Layer 1 blockchain with subnets and low fees. Known for its fast finality and...

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AVAX (Avalanche Token)

The native token of the Avalanche network. AVAX is used to pay for transaction fees, secur...

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Base Layer (Layer 1)

The foundation of a blockchain ecosystem. For example Bitcoin, Ethereum, Solana are all La...

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Bear Market

The flip side of a bull run. Prices tank, hype vanishes, and crypto Twitter goes dead sile...

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Binance

The biggest centralized exchange in crypto, and a one-stop shop for trading, staking, farm...

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Bitcoin (BTC)

Bitcoin is the first decentralized digital currency. This pioneering cryptocurrency, launc...

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Block

A Block can be defined as a batch of transactions that gets added to the blockchain...

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Blockchain

A Blockchain is a decentralized digital ledger that records transactions transparently and...

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BNB (Binance Coin)

BNB started as a discount token for Binance trading fees. Now it powers BNB Chain, pays fo...

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Bridge

Tech that lets you move tokens or data between blockchains. Super useful. Super risky if t...

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Bull Market

A period when crypto prices are consistently rising, vibes are high, and everyone suddenly...

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Centralized Exchange (CEX)

A crypto trading platform operated by a company. Users entrust their assets to the exchang...

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Chainlink

Chainlink is the middleman that crypto actually needs. It’s a decentralized oracle network...

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Cold Storage

Storing your crypto entirely offline, away from internet threats. Typically involves hardw...

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Consensus Algorithm

The rules that decide how a blockchain agrees on what’s true. Whether it’s Proof-of-Work o...

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CRO (Cronos Token)

The fuel for Cronos and the key to unlocking perks across Crypto.com. You’ll use it to pay...

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Cronos

Cronos is a Layer 1 blockchain designed to plug Crypto.com’s massive user base into DeFi, ...

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Cross-Chain Bridges

The Cross-Chain Bridges are the technology that connects different blockchains and lets yo...

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Cross-Chain Communication

Tech that allows blockchains to talk to each other. Crucial for multichain DeFi and making...

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Crypto ETFs

Crypto Exchange-Traded Funds (ETFs) that track crypto prices without you needing to actual...

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Cryptocurrency (Crypto)

A digital asset powered by cryptography and built on blockchain technology. It was designe...

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Cryptography

The science of securing information using math and code. Without it, blockchains wouldn’t ...

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Custodial Wallet

A crypto wallet managed by a third party, usually an exchange. You don’t hold the private ...

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Custody

Refers to who holds and controls your crypto. If your assets sit on an exchange or with a ...

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DAO Governance

The way decisions are made inside a DAO, usually by token holders voting on proposals. It’...

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Decentralization

In crypto, decentralization means power is spread across a network instead of being held ...

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Decentralized Application (DApp)

Apps that run on blockchain instead of centralized servers. You connect with your wallet, ...

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Decentralized Exchange (DEX)

A crypto marketplace where you trade directly from your wallet. No signups, no middlemen, ...

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Decentralized Finance (DeFi)

A blockchain-based alternative to traditional finance. Instead of banks and brokers, DeFi ...

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Decryption

The process of turning encrypted gibberish back into readable info. You need the right key...

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Decryption Key

A private key that unlocks encrypted data. Lose it, and your info stays locked forever. Pr...

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DeFi 2.0

The next wave of decentralized finance projects that are focused on sustainability, better...

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Delisting

When a crypto asset is removed from an exchange. Could be due to low volume, sketchy behav...

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Derivatives

Financial contracts based on the value of another asset. Futures, options, perpetuals. You...

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DEX Aggregator

A tool that scans multiple DEXs to find you the best trade price. Saves gas, time, and mon...

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Digital Signature

A cryptographic seal that proves a transaction was signed by the rightful wallet owner. Th...

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Digital Wallet

A software application or physical device that stores your crypto and allows you to send, ...

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Do Your Own Research (DYOR)

The golden rule of crypto. Don’t blindly follow hype. Read, dig, question everything befor...

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DOGE (Dogecoin Token)

The native token of the Dogecoin network. A coin that’s easy to send, easy to use, and har...

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Dogecoin

The original meme coin. Dogecoin launched in 2013 as a joke, but the internet had other pl...

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DOT (Polkadot Token)

The token that powers the Polkadot ecosystem. You use DOT to stake, vote on upgrades, and ...

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Double Spending

One of crypto’s biggest red flags. It happens when someone tries to use the same coin in t...

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EIP (Ethereum Improvement Proposal)

A formal doc proposing changes or upgrades to Ethereum. If something on the network change...

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Encryption

Turning data into unreadable code so only people with the right key can see it. It's how w...

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ERC Standards (Ethereum Request for Comment)

Technical guidelines for how tokens work on Ethereum. If you're launching a token, it need...

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ETF (Exchange-Traded Fund)

A type of investment fund you can buy and sell like a stock. It bundles together multiple ...

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ETH (Ethereum Token)

The native currency of the Ethereum network. ETH is used to pay for gas (transaction fees)...

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Ethereum

The second-largest blockchain after Bitcoin, but built for much more than just payments. L...

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Ethereum Virtual Machine (EVM)

The engine that runs Ethereum’s smart contracts. It processes all the code on the network,...

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Exchange

Where you buy, sell, and trade crypto. Can be centralized (CEX) or decentralized (DEX). On...

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Exit Scam

When a project raises funds and then vanishes, taking your money with it. Looks promising ...

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Exponential Moving Average (EMA)

A trading tool that smooths out price data by giving more weight to recent movements. Trad...

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Externally Owned Account (EOA)

The most common type of Ethereum wallet, controlled by a private key. It’s not a smart con...

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Fear Of Missing Out (FOMO)

FOMO is that itchy, anxious feeling when you see everyone else getting rich and you're sti...

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Fear, Uncertainty and Doubt (FUD)

Negativity (real or fake) designed to shake people out of their positions. Happens when in...

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Finality

The point when a transaction is locked in and can’t be changed. In crypto, finality means ...

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Fork

When a blockchain splits into two paths. Hard fork: Permanent divergence, like Bitcoin ...

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Fungibility

If one unit of something is exactly the same as another, it's fungible. Dollars? Fungible....

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Fungible Token

A token where each unit is identical, like USDC or BTC. Unlike NFTs, Fungible Tokens are i...

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GameFi

Where gaming meets decentralized finance. Players can earn crypto or NFTs by playing, leve...

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Gas

The fee you pay to make things happen on a blockchain, like sending crypto, minting an NFT...

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Gas Fees

The cost of doing anything on a blockchain, like sending crypto, minting NFTs or interacti...

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Gas Limit

The max amount of gas you’re willing to spend on a transaction. Set it too low, and your t...

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Gasless Transaction

A type of blockchain transaction where the user doesn’t pay the gas fee themselves. Instea...

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Genesis Block

Block #0. The very first block in a blockchain, created by its founder(s). For Bitcoin, th...

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Governance Token

Tokens that give holders a say in project decisions, like voting on upgrades or treasury s...

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Halving

When a blockchain (like Bitcoin) cuts the rewards for miners in half. Happens every few ye...

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Hard Cap

The absolute max amount a project plans to raise in a token sale. Once it’s hit, no more t...

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Hardware Wallet

A physical device that stores your private keys offline, keeping them out of reach from mo...

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Hash Rate

How fast your machine, or an entire network is at solving cryptographic puzzles. Higher ha...

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HODL

A legendary typo-turned-mantra. Originally meant “hold” during a crash, now it means stick...

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ICO (Initial Coin Offering)

The crypto version of an IPO. A project sells tokens to raise funds before it fully launch...

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Immutable

Once something is recorded on the blockchain, it can’t be changed. No edits, no erasing. T...

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Immutable Ledger

A record of data that can’t be changed. Once it’s on the blockchain, it’s there forever. N...

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Institutional Investor

A company or organization that invests large amounts of money on behalf of clients, pensio...

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Interoperability

Blockchains that play nice with each other. You can move assets or data between networks. ...

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KYC (Know Your Customer)

A mandatory process where financial platforms verify your identity by collecting personal ...

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KYT (Know Your Transaction)

An extension of KYC. Instead of verifying the person, KYT focuses on monitoring transactio...

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Layer 0

The base layer beneath Layer 1 blockchains. It connects multiple Layer 1s and allows for c...

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Layer 1 (L1)

The base layer of a blockchain, such as Bitcoin, Ethereum, Solana, etc. It handles transac...

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Layer 2 (L2)

A network built on top of Layer 1 to handle transactions faster and cheaper. Think Polygon...

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LINK (Chainlink Token)

The native token of the Chainlink network. LINK is used to pay node operators for deliveri...

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Litecoin (LTC)

Bitcoin’s faster, cheaper cousin, and one of the oldest coins. Litecoin was built to fix B...

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Long Position

Betting that an asset’s price will go up. You “go long” when you expect green candles ahea...

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LTC (Litecoin Token)

The native currency of the Litecoin network. It’s used to send payments quickly and with l...

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Mainnet

The real deal. A fully launched, live version of a blockchain where actual transactions ha...

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Market Cap

The total value of a crypto project, calculated by multiplying the current price by the ci...

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MATIC (Polygon Token)

The token that fuels the Polygon network. You use it to pay for transactions, stake for se...

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Max Supply

The absolute most tokens a crypto project will ever issue. Bitcoin’s max supply is 21 mill...

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Mempool

Where pending transactions chill before they get confirmed and added to a block. If gas is...

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Metaverse

A virtual world where you can work, play, trade, or flex NFTs, all on-chain. Some say it’s...

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Mining

Using computer power to secure a Proof-of-Work blockchain and earn rewards. It’s how Bitco...

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Minting

Creating new tokens or NFTs and adding them to the blockchain. Could be a fresh supply or ...

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Mobile Wallet

A crypto wallet app that lives on your phone, giving you fast, flexible access to your ass...

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Multisig Wallet

A crypto wallet that requires multiple private keys to approve a transaction. It’s a smart...

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Native Token

The main token of a blockchain, like ETH for Ethereum or SOL for Solana. It’s used to pay ...

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Node

A computer that connects to a blockchain network. Some nodes just receive data, others val...

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Non-Custodial Wallet

Non-custodial means you control your crypto. Not a bank, exchange, or third-party gatekeep...

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Non-Fungible Token (NFT)

A Non-Fungible Token is a digital item that’s one-of-a-kind and provably owned, like art, ...

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Nonce

Short for “number used once.” In mining, it’s the number miners tweak to try and find a va...

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Not Your Keys, Not Your Coins

A core crypto truth. If you don’t hold the private keys to your crypto wallet, you don’t t...

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Off-Chain

Anything that happens outside of the blockchain. Could be price data, user verification, o...

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On-Chain

The opposite of off-chain. If it’s recorded on the blockchain, it’s transparent, verifiabl...

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OpenSea

The biggest NFT marketplace out there (for now). You can mint, buy, or sell NFTs across ch...

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Oracle

A service that brings off-chain data (like prices, weather, or sports scores) into a block...

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Order Book

A real-time list of buy and sell orders on an exchange. It shows who’s willing to pay what...

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Paper Wallet

A physical piece of paper with your wallet’s private and public keys printed on it. Super ...

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Peer-to-Peer (P2P)

Free crypto sent to your wallet as a reward for showing up early or interacting with a pro...

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Pegged Currency

A token whose value is tied to another asset, usually a fiat currency like the US dollar (...

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Phishing

A scam where bad actors try to trick you into giving up your private keys or seed phrase. ...

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Play-to-Earn (P2E)

A gaming model where players can earn crypto or NFTs through gameplay, whether by completi...

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Polkadot

Polkadot is not just another blockchain, it’s the multichain matchmaker. It’s a Layer 0 pr...

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Polygon

Polygon is a scaling solution that makes using Ethereum faster, cheaper, and way more begi...

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Portfolio

All your crypto assets, tokens, NFTs, and maybe a bit of stablecoin on the side. Track it....

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Pre-Mine

When a portion of tokens are created before a crypto project launches publicly. Often give...

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Presale

The private or early round before a token hits the public market. Can offer sweet deals or...

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Private Key

A secret string of characters that proves you own and control your crypto. It’s the only w...

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Proof-of-Stake (PoS)

A consensus method where validators secure the network by locking up coins. Less energy, m...

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Proof-of-Work (PoW)

The OG consensus model. Miners compete to solve puzzles and earn rewards. Secure, but ener...

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Protocol

The rules that run a blockchain or DeFi project. Smart contracts, tokenomics, staking. If ...

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Public Key

The address people send crypto to. Safe to share, unlike your private key. Think of it as ...

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Pump and Dump

When a group hypes a token, pushes up the price, then sells off while everyone else is lef...

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QR Code Wallet Address

A scannable version of your wallet address that makes sending and receiving crypto easier ...

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Recovery Phrase

Also called a “seed phrase.” The 12–24 words that back up your crypto wallet. Lose it and ...

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REKT

The classic crypto term for getting absolutely wiped out in a trade or investment. "I aped...

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Relative Strength Index (RSI)

A chart indicator showing whether an asset is overbought or oversold. Above 70? Too hot. B...

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Ripple

Ripple is both a company and a blockchain-based payment protocol designed to make cross-bo...

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Rug Pull

When a project disappears with your money. Usually after hyping up a token, collecting fun...

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Satoshi (SAT)

1/100,000,000th of a Bitcoin. Named after Bitcoin’s creator, Satoshi Nakamoto. If BTC is t...

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Satoshi Nakamoto

The anonymous (or possibly pseudonymous) creator of Bitcoin. Identity unknown. Legend leve...

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Scalability

How well a blockchain handles growth like having more users, and/or more transactions, wit...

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Scamcoin

A crypto that has zero value or utility. It’s created purely to trap buyers, pump, and dum...

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Seed Phrase

Your master key. A list of 12–24 words that can recover your entire wallet. Treat it like ...

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Self-Custody

The practice of holding and managing your own crypto without relying on an exchange, bank,...

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Sidechain

A separate blockchain connected to a main chain. Assets can move between them, usually for...

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Sidechain

A separate blockchain connected to a main chain. Assets can move between them, usually for...

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Smart Contract

Self-executing code that runs on a blockchain. No middleman, no delays, just “if this, the...

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Soft Cap

The minimum a project hopes to raise during its funding round. If it doesn’t hit this, it ...

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SOL (Solana Token)

The native token of the Solana network. SOL is used to pay for transaction fees, interact ...

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Solana

A high-speed, low-fee Layer 1 blockchain built for scalability. It can handle thousands of...

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Stablecoin

A token designed to hold a stable value, usually pegged to a fiat currency like USD. Examp...

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Staking

Locking up tokens to help secure a network or earn rewards. Think of it as earning interes...

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Swap

Exchanging one token for another. In DeFi, swaps happen instantly via automated market mak...

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Testnet

A sandbox version of a blockchain where developers can test features, contracts, or update...

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Token

A digital asset that lives on an existing blockchain. Unlike a coin (like ETH), a token do...

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Token Burn

Intentionally destroying tokens to reduce supply, usually to boost scarcity (and hopefully...

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Tokenomics

The economic design of a token, from how it’s supplied, distributed, used, and incentivize...

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Total Supply

The number of tokens that currently exist, whether they’re circulating or locked up. Diffe...

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Transaction Fee

A small cost you pay when sending crypto or interacting with a blockchain. It helps preven...

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Tron

A high-speed Layer 1 blockchain best known for low fees, fast transactions, and some contr...

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TRX (Tron Token)

The native currency of the Tron network. TRX is used to pay for transactions, access apps,...

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TVL (Total Value Locked)

The amount of crypto locked in a DeFi protocol or ecosystem. Higher TVL means more trust, ...

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UNI (Uniswap Token)

The governance token of Uniswap. Holding UNI gives you voting rights over protocol changes...

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Uniswap

One of the OG decentralized exchanges. It lets you swap tokens straight from your wallet. ...

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Utility Token

A token used for accessing services or products in a project’s ecosystem, like paying fees...

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Volatility

How wildly prices swing. High volatility means high risk and high reward. Welcome to crypt...

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Wallet

A tool, either digital or physical, that lets you store, manage, and interact with your cr...

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Web3

The next evolution of the internet, built around decentralization, user ownership, and ope...

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Whale

A big-time investor holding enough crypto to move markets. When whales splash, waves happe...

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Whitepaper

A detailed doc explaining a crypto project’s vision, tech, and tokenomics. It’s your first...

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Wrapped Token

A token that represents another token on a different blockchain. Lets you use BTC on Ether...

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XRP

The token used by Ripple Labs to enable fast, cross-border payments. Loved by banks. Hated...

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Yield Farming

Putting your crypto to work across DeFi platforms to earn interest, rewards, or new tokens...

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Zero-Knowledge Proof (ZKP)

A cryptographic method where you prove something is true without revealing the actual data...

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