Learn common cryptocurrency and blockchain terms with simple definitions. Browse crypto concepts, trading vocabulary, blockchain basics, and Web3 terminology.
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2 Factor Authentication is a double layer security measure. Most crypto exchanges use it. In order to log in, you not only need to enter a password, but also a code that you receive from the Google authenticator for example.
Read definitionA ‘51% attack’ refers to a possible attack on a blockchain by a group of ‘miners’, who hold more than 50% of the hashrate. In such a situation the ‘miners’ have the possibility to deliberately not confirm transactions or to issue transactions twice (double-spend).
Read definitionAn airdrop is a way to distribute coins. End users can generally get coins for free or in exchange for a small task, such as subscribing to a newsletter, sending a tweet or inviting other people via a personal affiliate link.
Read definitionAn altcoin is any cryptocurrency or token created after the Bitcoin was developed.
Read definitionAML is the abbreviation for ‘anti-money laundering’. AML stands for policy and legislation on money laundering. This prevents illegally acquired funds from being converted into a legal variant. Within the crypto world, it is no longer unusual for AML techniques to be used by exchanges and wallets. This term is often used as AML/KYC, where KYC stands for ‘Know your customer’.
Read definitionBitcoin is a digital or virtual cryptocurrency created in 2009 that uses peer-to-peer technology to facilitate instant payments.
Read definitionA block explorer is an online service to track blockchain transactions. It usually is a website where you can see all the new blocks that are being created. You can also search for transactions and wallet addresses. The best-known block explorers are blockchain.info for Bitcoin and etherscan.io for Ethereum.
Read definitionLearn the core concepts behind Bitcoin, blockchain networks, wallets, mining, and transactions.
Understand common market terms such as liquidity, volatility, market cap, and price movement.
Explore terminology related to decentralized finance, NFTs, smart contracts, and crypto ecosystems.