An economics concept in which one party has a direct advantage in efficiency in producing/providing a specific good or service over another party.
An investing strategy employed by fund managers aiming to outperform an index or market in order to generate profits.
A phrase of Latin origin that is used in modern English to mean ‘for this purpose’ or ‘specifically for this.’
String of text that designates the location of a particular wallet on the blockchain. Often a hashed version of a public key.
The distribution of digital assets to the public, either by virtue of holding a certain other token or simply by virtue of being an active wallet address on a particular blockchain
A sequence of unambiguous instructions used for the purpose of solving a problem.
All or None Order (AON)
An order which once placed, must either be filled in its entirety or not at all. This prevents any partial filling of orders.
All-Time High (ATH)
The highest price of a cryptocurrency in a quote currency, such as a dollar, BTC, ETH, or BNB
An allotment of tokens or equity, that may be earned, purchased, or set aside for a certain investor, team, group, organization, or other related entity.
The first look at a product released by a team, consisting of the very first version of a primitive, basic software or product.
A cryptocurrency that is alternative to Bitcoin. Used to describe cryptocurrencies that are not Bitcoin.
Wealthy investors that seek out opportunities to provide funding for entrepreneurs or start-up companies.
Anti Money Laundering (AML)
A framework consisting of legal and regulatory procedures to minimize and curb the flow of funds that are generated from illegal or dubious activities.
Application Programming Interface (API)
A collection of functions and procedures that allow users to interact/communicate with the data of an application or service, such as an exchange, to execute the features of the service programmatically.
Application-Specific Integrated Circuit (ASIC)
An Integrated Circuit customized for maximum performance in a particular use, rather than general-purpose use.
Buying and selling of assets over different markets in order to take advantage of differing prices on the same asset.
An ASIC-resistant cryptocurrency has its protocol and mining algorithm configured in such a way that using ASIC machines to mine the coin is either impossible or brings no significant benefit when compared to traditional GPU mining.
The lowest price a seller is willing to accept on their sell order when trading an asset on an exchange.
A system or method that helps individuals or companies manage assets. Either on behalf of their clients or their own.
Events in electronic systems that do not happen at the same time or speed, or happen independent of the main program flow.
Smart contract technology that enables the exchange of one cryptocurrency for another without using centralized intermediaries, such as exchanges.
Points in a software environment where an attacker can attempt to enter or extract data from the system.
A live event where assets or services are negotiated through a bidding process, which is often led by an auctioneer.