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.



  • TETHER

    In the cryptocurrency sphere a Tether is a type of coin. This coin is ‘tethered’ or paired 1-to-1 with the U.S. Dollar.

  • TIMESTAMP

    A sequence of numbers used to identify the moment in time that a transaction occurred.

  • TOKEN

    A cryptocurrency created using another platform (like Ethereum). Tokens operate by using the technology of the platform on which they were created.

  • TOKENIZE

    The practice of creating digital assets that represent real-world physical assets.

  • TOTAL COIN SUPPLY

    A measure that describes how many coins of a given cryptocurrency can exist (after all mining is completed, if applicable).

  • TPS

    Transactions per second. A measure which describes how fast a cryptocurrency can handle its users' transactions.

  • TRADE VOLUME

    A measure of how frequently and how heavily a cryptocurrency is bought and/or sold during a given time period.

  • TRADING BOT

    Software preprogrammed to buy, sell, short, long or execute other trading strategies and commands when the owner is absent. Trading while asleep or away from the keyboard.

  • TRANSACTION FEE

    An amount of value that must be paid to transfer value on a block chain.

  • TREZOR

    The first hardware wallet, created by a Bitcoiner called “Slush.”

  • TWO FACTOR AUTHENTICATION

    Commonly known as 2FA. A measure of security used for protecting accounts. 2FA requires users to have not only a username and a password to login, but an extra piece of information, as well.