exchange

A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.

An order book is a table of all active limit orders to buy and sell an asset, sorted by price. It shows supply and demand and helps assess the market's liquidity.

A wall is a very large limit order to buy or sell that is capable of slowing down price movement. A distinction is made between a buy wall and a sell wall.

A stop order is a pending order to buy or sell an asset that is triggered when the price reaches a specified level. The tool helps automate trades and limit risks.

A buy stop order is an order that is executed when the price rises to a specified level or higher. Traders use it expecting the upward movement to continue.

A sell stop order is an order that is executed when the price falls to a specified level or lower. Traders use it expecting the downward movement to continue.

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.

Slippage is the difference between the expected and the actual execution price of an order on a cryptocurrency exchange. It arises from market movement and a lack of liquidity.

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.

An exchanger is a service for exchanging one form of money for another. In the crypto space exchangers are most often used to exchange cryptocurrency for fiat money and back.