Cryptocurrency Terms to Know Before You Invest
Here is a quick guide to cryptocurrency terms. We define technical terms, slang, acronyms, and other jargon related to cryptocurrency.
A unique, alphanumeric identifier used as destination for transferring cryptocurrencies.
An event in which individuals that hold existing cryptocurrencies (like Bitcoin and Ethereum) are given tokens of a new cryptocurrency.
Alternative Coin. Bitcoin is known as the first and foremost cryptocurrency, so any cryptocurrency that is not Bitcoin is an alt coin.
All-Time High. The highest price a cryptocurrency has ever reached.
All-Time Low. The lowest price a cryptocurrency has ever reached.
The exchange of one coin or token for another coin or token that takes place without the need for a third party. Atomic Swaps rely on smart contracts to ensure both parties hold up their end of the agreement.