Cryptocurrency Terms and Definitions
What is a limit (pending) order in cryptocurrencies?
A limit order is a pending order to buy or sell an asset at a predetermined price. It is executed only when the specified rate is reached, giving the trader control over the price.
What is Bitcoin's public ledger (Public Ledger)?
Bitcoin's public ledger is a publicly accessible record of all the network's transactions since its launch. Any participant can verify operations, which ensures the transparency of the blockchain.
What is a pump (Pump) in cryptocurrencies?
A pump is the artificial inflation of a cryptocurrency's price through mass coordinated buying. The goal is to sharply raise the price so that the organizers can sell the asset for more.
Who is a crypto evangelist (cryptoevangelist)?
A crypto evangelist is a person who works on educating people and popularizing blockchain and cryptocurrencies, explaining their principles to a wide audience.
What is a faucet (tap, faucet) in cryptocurrencies?
A cryptocurrency faucet is a website or service that gives out small portions of coins in exchange for completing simple tasks or for user activity.
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