BITCOIN PROFIT

Tuesday, October 1, 2024

Crypto Terms You Should Know


🪭 BTC  – Bitcoin  


🪭 ETH  – Ethereum  


🪭 BNB  – Binance Coin  


🪭 SOL   – Solana  


🪭USDT  – Tether (Stablecoin)  


🪭 USDC – USD Coin (Stablecoin)  


🪭DeFi  – Decentralized Finance  


🪭 DEX  – Decentralized Exchange (e.g., Pancakeswap, Poocoin, Uniswap, Sushiswap, etc.)  


🪭 CEX  – Centralized Exchange (e.g., Binance, Bybit, MEXC, etc.)  


🪭 DW. – Decentralized Wallets (e.g., Metamask, Trust Wallet, Bitkeep Wallet, OKX Wallet, etc.)  


🪭 P2P – Peer to Peer  


🪭NFT  – Non-Fungible Token  


🪭 ICO  – Initial Coin Offering  


🪭 IDO  – Initial DEX Offering  


🪭 IEO  – Initial Exchange Offering  


🪭 FOMO  – Fear of Missing Out  


🪭 HODL  – Hold On for Dear Life  


🪭 FUD  – Fear, Uncertainty, and Doubt

  

🪭 DYOR – Do Your Own Research  


🪭 ATH  – All-Time High  


🪭 ATL  – All-Time Low  


🪭 KYC – Know Your Customer (Verification)  


🪭 AML  – Anti-Money Laundering  


🪭 PoW  – Proof of Work  


🪭 PoS  – Proof of Stake  


🪭 DAO  – Decentralized Autonomous Organization  


🪭DApp – Decentralized Application  


🪭EVM – Ethereum Virtual Machine  


🪭 MC  – Market Cap  


🪭 LP  – Liquidity Pool  


🪭 PRESALE  – A sale before a token launch  


🪭 AIRDROP – A reward for doing tasks  


🪭 Whale – A wealthy person holding large amounts of crypto  


🪭 RUG PULL** – A scam project or a project that turns scam  


🪭 DEV** – Developer of a project  


🪭 AMA  – Ask Me Anything  


🪭 NFA – Not Financial Advice  


🪭 DIP – Decrease In Price  


🪭 PUMP – Increase in Price  


🪭 BULL – Bullish season (Pumps)  


🪭 BEAR  – Bearish season (Dumps)  


🪭 ALT – Altcoin (e.g., Ethereum, Binance, Tron, etc.)  


🪭 FDV  – Fully Diluted Valuation.

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