Cryptocurrency Glossary
Explore key cryptocurrency, tax and investing terms and definitions
Token ID
A Token ID is a unique identifier assigned to a blockchain-based token, essential for distinguishing individual assets in smart contracts. Widely used in NFTs and multi-token standards like ERC-721 and ERC-1155, Token IDs enable unique identification, ownership tracking, and transferability of assets.
Tokenomics
Tokenomics refers to the economic design of blockchain-based tokens, covering supply, utility, distribution, and incentives. A well-structured tokenomics model drives value, engagement, and stability in cryptocurrency ecosystems.
Tor
A privacy-focused software that anonymizes internet activity by routing traffic through encrypted servers. It
Trading Bot
A trading bot is an automated software that executes buy and sell orders based on predefined rules. Used in crypto and traditional markets, these bots help traders capitalize on market movements 24/7.
Trading Pair
A trading pair is a combination of two assets on an exchange, showing how much of one is needed to buy the other. Learn how trading pairs work, their types, and why they matter in crypto trading.
Trading Volume
Trading volume measures the total amount of an asset bought and sold in a given period. It helps traders assess liquidity, price trends, and market sentiment in crypto markets.
Transaction Fee
A transaction fee is the cost paid to miners or validators for processing transactions on a blockchain.
Transactions Per Second
Transactions per second (TPS) measures how many transactions a blockchain can process in one second. It is a key factor in scalability, transaction fees, and real-world adoption.
Transfer
A transfer involves moving assets between accounts or wallets, whether in traditional banking or blockchain networks. Blockchain transfers offer security, transparency, and efficiency but require careful attention to details like wallet addresses and network fees.
Two-Factor Authentication
Two-factor authentication (2FA) adds an extra layer of security by requiring a second verification step beyond just a password. Learn how 2FA works, its different types, and best practices for protecting your accounts.
UTXO
UTXO (Unspent Transaction Output) is the portion of cryptocurrency received in a transaction that a user can spend in the future. UTXOs are the building blocks of Bitcoin's transaction model.
Vesting Period
A vesting period in crypto is a token release schedule that gradually unlocks tokens for insiders or investors, reducing sell pressure and promoting long-term project commitment.
Volatility
Volatility measures how quickly and unpredictably crypto prices move. It creates opportunities for traders — but also increases the risk of sharp losses.
Wallet Address
A unique identifier on a blockchain, enabling users to send, receive, or store cryptocurrencies securely. It acts like a digital account number, ensuring safe and efficient blockchain transactions.
Web 2.0
Web 2.0 is the interactive, social web that enables user-generated content, social media, and cloud-based applications. Learn how it transformed the internet and how it compares to Web 3.0.