A trader is a market participant who carries out trading operations with assets to earn income on the difference in prices. In the crypto space, traders work with coins and tokens on exchanges and other platforms.

A trade agreement is an agreement between a seller and a buyer that sets out the key terms of a deal: the subject, price, volume, and the order of payment and delivery. It defines the rights and obligations of the parties.

A token is a digital unit of account that exists in a distributed ledger on top of someone else's blockchain. Unlike a cryptocurrency, a token has no network of its own and can represent a wide variety of rights and assets.

A ticker is a short alphabetic code that uniquely denotes a cryptocurrency or trading instrument on an exchange. It replaces the full name and simplifies searching, quotes and trade execution.

The Howey Test is a legal criterion used in the United States to determine whether an asset is an investment contract, that is, a security. Its outcome decides whether a token will fall under the regulator's oversight.