Cryptocurrency Glossary
Explore key cryptocurrency, tax and investing terms and definitions
Blockchain oracle
A blockchain oracle is a service that provides smart contracts with external, real-world data, enabling them to interact with information outside the blockchain's native environment.
Blockchain trilemma
The blockchain trilemma is the challenge of achieving scalability, security, and decentralization at the same time. Learn why it matters — and how projects try to balance the trade-offs.
BNB
Binance Coin is the native cryptocurrency of Binance's ecosystem, used for trading discounts, gas fees on Binance Smart Chain, and DeFi applications.
Bollinger Bands
Bollinger Bands are a technical analysis tool that uses moving averages and volatility to show potential overbought or oversold conditions. They help traders spot trends, breakouts, and price reversals.
Bonding Curve
A bonding curve is a mathematical function used to dynamically price tokens based on their supply. Commonly found in DeFi, AMMs, and NFT platforms, bonding curves enable automated, transparent pricing mechanisms without traditional order books.
Bot
A software that automates tasks, widely used in crypto for trading, community management, and more. Some bots are helpful, others malicious, so knowing their uses and risks is key.
BRC-20
BRC-20 is a token standard used on the Bitcoin blockchain, inspired by Ethereum
Bridge in crypto
A crypto bridge lets you transfer assets or data between different blockchains, enabling cross-chain activity and expanding DeFi opportunities. Learn how they work — and the risks involved.
Bridging Crypto
Bridging crypto allows users to transfer assets between different blockchains, enhancing interoperability and access to diverse ecosystems. By using blockchain bridges, traders and developers can reduce fees, increase liquidity, and participate in multi-chain DeFi and NFT applications.
BTFD
BTFD means "Buy The F***ing Dip" — a meme-fueled trading phrase that encourages buying crypto when prices fall. Learn when it works, when it doesn't, and why it's risky.
Bug Bounty
A bug bounty is a program where developers reward ethical hackers for finding security vulnerabilities. In crypto, bug bounties help prevent hacks, strengthen smart contracts, and protect user funds from exploits.
Bull or Bear Market
Bull and bear markets define the trends of rising or falling prices in financial markets, including crypto. While bull markets are driven by optimism and rising prices, bear markets reflect pessimism and declining value.
Bull trap
A bull trap is a false signal that tricks traders into thinking a crypto asset is recovering — only for the price to drop again. Learn how to spot and avoid these fakeouts.
Burning crypto
Burning crypto means permanently removing coins or tokens from circulation, usually by sending them to an address that no one can access. This is often done to reduce supply, support price stability, or reward holders.
Byzantine generals problem
The Byzantine Generals Problem is a trust challenge in distributed systems: how to agree on a decision when some participants may be dishonest. Blockchain technology found a practical solution.