Glossary
97 articles
KYC
KYC means providing personal information and documents to verify your identity. It’s a safety measure to prevent fraud and ensure regulatory compliance.
Qadir AK·10 Nov 20232 min
Jager
The smallest unit of Binance Coin, Just like a cent for dollar.
Qadir AK·10 Nov 20231 min
IPO
An Initial Public Offеring (IPO) is a procеss through which a privatе company offеrs its crypto assеts or sharеs to thе public for thе first timе. This approach allows a cryptocurrеncy company to raisе funds from public invеstors and must adhеrе to rеgulatory standards that promotе transparеncy.
Qadir AK·10 Nov 20233 min
IGO
The sale of tokens by the launchpads for a new online game or gaming platform that hosts gaming projects gives in-game currency and rewards similar to an Initial Coin Offering (ICO).
Qadir AK·10 Nov 20232 min
IDO
Initial DEX Offering is a crowdfunding approach that raises investment capital from regular investors. It takes place on a decentralized liquidity exchange (DEX) through the use of liquidity pools and smart contracts providing decentralization and instant liquidity.
Qadir AK·10 Nov 20231 min
IEO
Initial exchange offering is a token sale event conducted through a well-established cryptocurrency exchange. It enables startups to secure funding by selling utility tokens, which come with certain benefits within the organization, through a crypto exchange platform.
Qadir AK·10 Nov 20231 min
ICO
It is a common method of raising funds for cryptocurrency-related products and services. They are akin to traditional initial public offerings (IPOs), but in ICOs, coins are issued that can also serve a purpose within a software service or product.
Qadir AK·10 Nov 20232 min
HODL
HODL comes from “hold on for dear life” and is a popular term in cryptocurrency investing. It is linked to the traditional buy-and-hold strategy to manage crypto market volatility.
Qadir AK·10 Nov 20232 min
Hash
Hashing transforms a key or string into a shorter fixed value for easier access and use, commonly used in creating hash tables with broad applications.
Qadir AK·10 Nov 20232 min