Lingo topic · 47 terms
Crypto trading and exchanges
Where and how coins change hands.
A
- ACH TransferA cheap, slow US bank-to-bank electronic transfer, often used to move dollars into or out of a crypto exchange account.
- Alameda ResearchThe crypto trading firm founded by Sam Bankman-Fried that collapsed with FTX in November 2022.
- All-Time LowThe lowest price an asset has ever traded at since it started trading.
B
- BacktestingRunning a trading strategy's rules over past price data to see how it would have done.
- Bear WhaleA huge holder who dumps a massive amount of a coin, shoving its price down.
- BinanceOne of the world's largest crypto exchanges by trading volume, founded in 2017 by Changpeng Zhao.
- Bitcoin ATMA kiosk that lets you buy, and sometimes sell, bitcoin with cash or a card, usually for hefty fees.
- Bitcoin DominanceBitcoin's share of the total value of the whole crypto market, shown as a percentage.
- Bitcoin ETFA fund listed on a stock exchange that tracks the price of bitcoin, so investors can get exposure through an ordinary brokerage account.
- BitstampOne of the oldest crypto exchanges still running, founded in Europe in 2011.
- BittrexA US crypto exchange founded in 2014, known for listing many small altcoins, that shut down in 2023.
- Brian ArmstrongCo-founder and chief executive of Coinbase, one of the biggest US crypto exchanges.
- BubbleWhen an asset's price balloons far above any sensible value because people buy simply expecting it to keep rising.
C
- Caroline EllisonFormer chief executive of Alameda Research who pleaded guilty to fraud after the 2022 collapse of FTX.
- Changpeng ZhaoFounder and former chief executive of Binance, known across crypto simply as CZ.
- Choppy MarketA market that jerks up and down in short, messy swings without heading clearly anywhere.
- CoinbaseA large US crypto exchange founded in 2012 and listed on the Nasdaq stock market in 2021.
D
E
F
- Fat FingerA typing mistake when placing a trade, like an extra zero, that can send prices lurching or cost a fortune.
- FinCENA US Treasury agency that fights money laundering and sets reporting rules for banks and many crypto businesses.
- FTXA major crypto exchange founded by Sam Bankman-Fried that collapsed in November 2022 after customer funds went missing.
G
- GeminiA US crypto exchange and custodian founded in 2014 by the Winklevoss twins.
- GeoblockBlocking access to a website or service based on the country a user appears to be in.
- Grayscale Bitcoin TrustA fund holding bitcoin whose shares trade like a stock; it converted into a spot bitcoin ETF in the US in 2024.
H
I
J
K
M
O
P
- Peer-to-PeerDirect dealings between two parties, with no central company or server in the middle.
- Perpetual FuturesFutures contracts with no expiry date, kept in line with the spot price by regular funding payments between longs and shorts.
- PoloniexA crypto exchange founded in 2014, popular with altcoin traders in early boom years, which has changed hands and suffered hacks.
- Pump and DumpA scheme where insiders hype up an asset they already own to drive the price up, then sell to the late buyers before it crashes.
R
S
- Sam Bankman-FriedFounder of the FTX exchange and Alameda Research, convicted of fraud in 2023 after FTX collapsed.
- Securities and Exchange CommissionThe US government agency that regulates securities markets, and a central player in the fight over how to regulate crypto.
- Sell WallA huge sell order, or cluster of orders, sitting at one price in the order book, blocking the price from rising past it.
T
- TimeframeThe period each candle or bar on a chart represents, like one minute (1m), one hour (1H), one day (D) or one week (1W).
- Trading BotA program that buys and sells automatically according to preset rules, without a human clicking each trade.
- TradingViewA popular website and app for price charts, technical analysis tools and sharing trade ideas.
W
- Wash TradingBuying and selling the same asset with yourself, or a partner, to fake trading activity; illegal in regulated markets.
- WhaleA person or organisation holding so much of a coin that their buying or selling can move its price.
- Winklevoss TwinsCameron and Tyler Winklevoss, early Bitcoin investors who founded the Gemini crypto exchange.
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