The most comprehensive crypto glossary for Intermediate level

The most comprehensive crypto glossary out there.

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Token sale

A limited period of sale of a predefined number of crypto tokens to the public. Typically new tokens are available in exchange for major cryptocurrencies (mainly Bitcoin and Ethereum). The term is also commonly referred to as an initial coin offering (ICO).

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Level: Intermediate

Token migration

A process of moving a cryptocurrency’s coins or tokens from one blockchain to another. This often happens when a project transitions from using a third-party blockchain (such as Ethereum) to operating its own network.

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Level: Intermediate

Token lockup

A period of time during which the tokens or coins cannot be transferred or sold. Typically, such locks are used as a preventive strategy to maintain a stable long-term value for a particular asset. It is used to prevent massive sell-ups after the ICO events that often cause the price drop.

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Level: Intermediate

Token generation event (TGE)

An event in which new tokens are created and distributed to the public. Creators generally refer to token sales as token generation events or TGEs rather than ICOs because of an increased focus from regulatory authorities to rule ICOs as security. Token generation events are aligned not to be securities in order not to be subject to tax penalties.

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Level: Intermediate

Token burn

An event when a number of tokens are removed from the circulating stock. This is done either by sending tokens to a record address with the very unlikely possibility of generating a private key, or to a smart contract designed to delete tokens. The burning of coins reduces the supply, making the tokens of this cryptocurrency rarer.

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Level: Intermediate

Time-Weighted Average Price (TWAP)

A measure of the average price of an asset over a predetermined period of time. TWAP trading algorithms aim to optimize the average trade price when executed over a given period of time.

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Level: Intermediate

Timestamp

An information stored in each block in the form of a unique serial number, the main function of which is to determine the exact moment when the block was mined and verified by the blockchain network.

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Level: Intermediate

Token swap

Direct exchange of one crypto asset to another. As a rule, a token swap happens between two users and is facilitated through a special exchange service or decentralized exchange (DEX).

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Level: Intermediate

Tokenomics

Basic cryptocurrency token attributes that encourage users to adopt the ecosystem of the token project. Among cryptocurrency investors, this term is commonly used in terms of how the token is used in the project's ecosystem, or how the token will follow monetary policy as the project develops.

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Level: Intermediate

Tokyo Stock Exchange (TSE)

Largest stock exchange in Japan and Asia and the third-largest stock exchange in the world by market capitalization at the time of writing. As of September 2021, TSE lists 3,786 companies, including Japanese corporations Toyota, Sony, Keyence Corp, Softbank, Mitsubishi, Honda, and others.

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Level: Intermediate

Total value locked (TVL)

A number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a Decentralised finance protocol has secured.

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Level: Intermediate

Traceability

A degree to which a third party is able to track the details of a transaction. For instance, blockchain can improve the traceability of supply chains allowing instantaneously tracing the entire lifecycle of food products.

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Level: Intermediate

Trading bot

A trading bot is an application that executes trades automatically within pre-configured parameters. The specific parameters each trading bot is set to can be configured in accordance with its operator's personal trading strategy and proclivities.

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Level: Intermediate

Trading strategy

A systematic methodology for buying and selling traditional or digital assets. A trading strategy is based on predefined rules and criteria used in making trading decisions. It’s usually built on results of technical and fundamental analysis.

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Level: Intermediate

Trading volume

The total number of assets that were bought and sold during a specified period of time. Usually, a trading volume is measured in a 24-hours time frame. Investors often use trading volume to confirm the existence or continuation of a trend or its reversal.

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Level: Intermediate

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