glossary

Crypto terms for you to enhance
your trading experience

A

The distribution of digital assets to the public such as tokens or coins. 

A digital currency (aka cryptocurrency) that is not depended on any national governance and usually a cryptocurrency that is referred to as an alternative of Bitcoin. 

B

It’s the first currency in a currency pair.

For example:

  • In the currency pair EUR/USD, EU is the base currency.
  • In the currency pair XBT/USD, XBT is the base currency.

It’s the negative trend in prices of a market

It’s referring to the infamous Papa John’s pizzas that costed Laszlo Hanyecz 10,000 BTC 

It’s a decentralized and digital ledger that records transaction information about a cryptocurrency in a crhonological order. The information cannot be forged and is highly secured.

It refers to a positive trend in prices of a market. 

C

It’s an order that has been withdrawn from the order book without being fully filled. 

A graph representation within certain periods of price action that displays the open, close, high, and low points

A completely filled order 

A digital asset designed to facilitate peer-to-peer financial transactions and smart contracts using blockchain technology

The science of using mathematical theories and computation in order to encrypt and decrypt information

D

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

E

A marketplace for cryptocurrencies where users can buy and sell coins

F

It has no intrinsic value and is established as legal tender by a government such as MYR, USD, EUR etc.

An order can be “partially” or “fully” filled.

To fill a buy or sell order is to match it with one or more orders of the opposing type.

 

G

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

H

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

I

A fundraising method in which new projects sell their cryptocurrency to investors

A fundarising method designed to reduce the risk for token purchasers by introducing a trusted intermediary between the project team and the user

J

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

K

A standard procedure in the finance industry which allows companies to identify their customers and comply with KYC AML laws

L

Allowing users to place trades in larger amounts than what they have in their balances.

 

A limit order will buy (or sell) at a pre-specified price or better.

A limit order can be maker or taker depending on whether it crosses the order book or not.

It describes the amount of activity on a market whereby high liquidity is high volume of activity in the market.  

M

It’s is a limit order that is not immediately matched/filled with an existing order on the order book. They add liquidity to the order book.

It’s referring to trading borrowed funds used to place orders instead of the funds deposited or existing in the current balance. 

 

A market order will buy/sell at the best average market price and all market orders as taker.

N

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

O

A list of unfilled buy and sell limit orders. 

P

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

Q

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

R

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

S

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

T

It is the gap between profit and stop loss. If you stop loss increases, the trailing stop value follows as long as the gap remains the same.The objective of the trailing stop is to protect your profits

U

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

V

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

W

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

X

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

Y

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

Z

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

#

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 

Add Your Heading Text Here

WIN USD 33,000+ WORTH OF PRIZES

BitOrb Testnet Trading Competition is coming soon in November 2019 where prizes are worth more than USD 33,000 in USD and BTC. 

Sign up our newsletter to stay updated on the latest details.

  • This field is for validation purposes and should be left unchanged.