The most comprehensive crypto glossary for Beginner level
The most comprehensive crypto glossary out there.
Stop-loss order
An order placed with a broker to buy or sell a specific asset as soon as the price reaches a specific value. In fact, a stop loss closes a trading position and helps limit potential losses.
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Level: Beginner
Stablecoin
A type of cryptocurrency that is designed to maintain a stable value, rather than experiencing significant price changes. Most stablecoins use the USD as a benchmark asset, but many are also pegged to other fiats, precious metals, and other cryptocurrencies. Thus, the price of stablecoins fluctuates very little because it changes only when the value of pledged asset rises or drops.
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Level: Beginner
Spyware
A special type of malware designed to record, track and collect as much information as possible on an infected device. Spyware can be harmful to crypto users because it can steal data, personal wallet keys, and other information that can be used to steal funds.
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Level: Beginner
Speculative investment
A high-risk investment focused on price fluctuations. An investor buys a traded commodity in an attempt to profit from changes in market value.
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Level: Beginner
Software wallet
A software program that allows you to store your crypto and allow for the sending and receiving of crypto transactions.
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Level: Beginner
Soft cap
A fundraising established minimum specified by the project team (ICO, IEO, etc.). If a team cannot raise funds in excess of the set soft cap limit, they sometimes return funds to their investors, while others continue to develop the project with the collected money.
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Level: Beginner
Snapshot
A record of the state of a blockchain ledger, storage device, or computer system at a particular point in time. Snapshots are commonly used during airdrop before each round. In this case, snapshots are taken to record the balance of each token holder at a certain point in time.
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Level: Beginner
Snag (NFT)
Means to purchase an NFT quickly for a low price, also known as sniping.
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Level: Beginner
Slippage
A difference between the expected and the real price at which the trade is executed. Slippage is most common during periods of increased volatility.
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Level: Beginner
Simping
In general meaning, it is someone who tries way too hard to impress a person they like. In the crypto community, snipping means when an NFT creator tries to get the attention of an NFT whale.
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Level: Beginner
Silk Road
A former online black market that was launched in February 2011 and served as a platform for selling illegal commodities and data. The website is also famous for accepting payments in bitcoin (BTC). It was subsequently shut down in October 2013 by the FBI.
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Level: Beginner
Signature
Cryptographic proof systems that can help in establishing trust on the blockchain. When initiating a crypto transaction, the user must sign it with their personal unique signature, also called a private key.
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Level: Beginner
Short position
An order to sell cryptocurrency at a higher price, with the aim of repurchasing it at a lower price later on. This is called short because traders are short on their digital assets and actually don't own the cryptocurrency that they are going to profit from.
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Level: Beginner
Shitcoin
The term refers to a cryptocurrency with little to no value or a digital currency that has no immediate, discernible purpose.
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Level: Beginner
Shilling
Implicit advertising of cryptocurrency by someone with a status or reputation, or a promoter of the project. The goal is to draw attention to the project so that investors flock to the cryptocurrency, driving up demand and driving up the price.
Category:
Level: Beginner