Buy and Sell Cryptocurrency Binance

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
Means do your own research.
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
Fear of missing out.
A system is frictionless when there are zero transaction costs or trading retraints.
Fear, Uncertainty and Doubt regarding the crypto market.
A fee paid to run transactions, dapps and smart contracts on Ethereum.
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
Know your customer(alternatively consumer).
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
Return on investment.
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”

The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
The ability of a cryptocurrency to contain the massive use of its Blockchain.
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Coin with little potential or future prospects.
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
When a crypto currency appreciates or goes up in price.
The opposite of mooning. When a coin tanks it can also be described as crashing.
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

General info and list of exchanges for BitSoft Bay

BitSoft Bay is a new concept of hybrid trading platform will incorporate crypto to fiat to hashpower. Easy to use, user friendly and transparent.
About BitSoft Bay BitSoft Interprojects and is a Romanian based company committed to bring cryptocurrencies to the world in a simplified, user friendly way. is a hybrid, next generation platform that allows users to trade cryptocurrencies to fiat and also allows users to trade hashing power in a stock market-like way.
We offer alternative financial and non-banking asset management solutions outside of traditional financial systems. Unlike them we offer a transparent service and we place all assets straight in to the blockchain.
Unfortunately, many of the cryptocurrencies trading platforms of today, suffer from a lack of support towards their customers or are hard to use and outdated. We are committed to provide full and professional support, 24/7 365 day.
Our team is composed of highly skilled professionals and motivated individuals with experience in different fields. All our team have driven some successful projects along the line and some that felt short of reaching their targets. Combining our skills and experiences in developing and managing businesses we have become increasingly successful, thriving from our success and learning from our mistakes.
We have amongst us some of the early miners of “the new gold”, some of the early adopters of the bitcoin and the blockchain technology, going way back as far as 2010, when this new technology and “magic money” that now we call cryptocurrencies, was regarded as useless and very few believed in it. This gives us the technical maturity and insight as to developing a business and providing financial solutions utilizing our own conceived blockchain technology.
We will deliver fast, secure and easy solution providing a boost and easy service for people and companies all around the world.
We aim to become the new world leading trading platform.
submitted by icoinformation to BitSoftBay [link] [comments]

Bittrex Events for Jan 12 - Jan 26, 2018:

Jan 12, 2018 Waves (WAVES): Waves Airdrop
Jan 12, 2018 eBoost (EBST): New Token Announcement
Jan 12, 2018 iEx RLC (RLC): Binance Lists iExec RLC
Jan 12, 2018 Augur (REP): Coins Listing
Jan 12, 2018 Basic Attention Token (BAT): CobinHood Listing
Jan 12, 2018 Golem (GNT): CobinHood Listing
Jan 12, 2018 Omise GO (OMG): CobinHood Listing
Jan 12, 2018 Status (SNT): CobinHood Listing
Jan 12, 2018 TenX (PAY): CobinHood Listing
Jan 12, 2018 Nexus (NXS): Dubai Conference
Jan 12, 2018 Golem (GNT): Listing on CobinHood
Jan 12, 2018 Omise GO (OMG): Listing on CobinHood
Jan 12, 2018 TenX (PAY): Listing on CobinHood
Jan 12, 2018 Basic Attention Token (BAT): Listing on Cobinhood
Jan 12, 2018 Nxt (NXT): Romanian Meetup
Jan 13, 2018 Myriad (XMY): SegWit Activation
Jan 13, 2018 Ethereum (ETH): SF Dev Bootcamp
Jan 13, 2018 NEO (NEO): Amsterdam Meetup
Jan 13, 2018 Legends Room (LGD): Las Vegas Event
Jan 14, 2018 Nexium (NXC): Store Smart Contract
Jan 14, 2018 LoMoCoin (LMC): IOS App Progress
Jan 14, 2018 Safe Exchange Coin (SAFEX): Bluepaper
Jan 14, 2018 BitBay (BAY): New Qt Wallets
Jan 14, 2018 Nexus (NXS): ‪Blockchain Conference‬
Jan 15, 2018 Matchpool (GUP): QGUP Airdrop
Jan 15, 2018 eBoost (EBST): Staking & Referral
Jan 15, 2018 eBoost (EBST): Airdrop/Fork
Jan 15, 2018 NeosCoin (NEOS): Beta Test Ends
Jan 15, 2018 TenX (PAY): CryptoNigh
Jan 15, 2018 eBoost (EBST): Announcement
Jan 15, 2018 Bitcoin Gold (BTG): Important Announcement
Jan 15, 2018 Humaniq (HMQ): Roadmap 2018
Jan 15, 2018 Cardano (ADA): Cardano Webcast
Jan 16, 2018 Golem (GNT): Blockchain Workshop
Jan 16, 2018 Syscoin (SYS): In-wallet Exchange
Jan 17, 2018 Pesetacoin (PTC): Android & iOS App
Jan 17, 2018 NEO (NEO): Blockchain Revolution
Jan 17, 2018 TenX (PAY): Crypto Finance Conference
Jan 18, 2018 WeTrust (TRST): Mainnet release
Jan 18, 2018 Storj (STORJ): Silicon Scopes
Jan 18, 2018 Matchpool (GUP): Product Launch
Jan 18, 2018 SALT (SALT): Conference in Miami
Jan 18, 2018 Edgeless (EDG): New Version Launch
Jan 18, 2018 Omise GO (OMG): Conference
Jan 18, 2018 Decred (DCR): New York Meetup
Jan 18, 2018 eBoost (EBST): BTCMIAMI Conference
Jan 18, 2018 Dash (DASH): NA Bitcoin Conference
Jan 18, 2018 Ark (ARK): TNABC in Miami
Jan 19, 2018 Humaniq (HMQ): Roadmap 2018
Jan 19, 2018 Ethereum (ETH): ETH Hard Fork Canceled
Jan 19, 2018 NEM (XEM): Blockchain Week
Jan 19, 2018 Ethereum (ETH): EtherZero Hard Fork
Jan 19, 2018 iEx RLC (RLC): Dapp Challenge End
Jan 19, 2018 eBoost (EBST): NA Bitcoin Conference
Jan 19, 2018 Ethereum (ETH): Ethereum Hard Fork
Jan 19, 2018 Ethereum (ETH): Fork
Jan 20, 2018 LBRY Credits (LBC): Free 8000 LBC Contest
Jan 20, 2018 LBRY Credits (LBC): Website Launch
Jan 20, 2018 NEM (XEM): Ethyl Voting
Jan 20, 2018 GameCredits (GAME): Japan Keynote
Jan 20, 2018 NeosCoin (NEOS): Beta Test End
Jan 20, 2018 Ark (ARK): Hack Cambridge 2018
Jan 21, 2018 NAV Coin (NAV): 2018 Roadmap
Jan 22, 2018 Qtum (QTUM): Oxford-style in Davos
Jan 22, 2018 Rise (RISE): London Blockchain Week
Jan 23, 2018 Enigma (ENG): AMA Video w/ Dev Team
Jan 24, 2018 Cardano (ADA): London Meetup
Jan 24, 2018 Steem (STEEM): Cracow Steem Meetup
Jan 24, 2018 Zen Protocol (ZEN): Whitepaper Update
Jan 25, 2018 Matchpool (GUP): Marketing challenge
Jan 25, 2018 SpreadCoin (SPR): Windows Wallet
Jan 25, 2018 NEO (NEO): dApps Competition Opens
Jan 25, 2018 TenX (PAY): TenX General 2018 Preview
Jan 25, 2018 GeoCoin (GEO): GeoCoin Swap
Jan 26, 2018 Incent (INCNT): Pilot Product Launch
Jan 26, 2018 Litecoin (LTC): Blockchain Conference
Jan 26, 2018 NEO (NEO): Blockchain Conference
Jan 26, 2018 Qtum (QTUM): Blockchain Conference
Jan 26, 2018 iEx RLC (RLC): Dapp Challenge Result
More crypto project events here
submitted by TokenEvents to BittrexTokenEvents [link] [comments]

BINANCE - cum sa cumperi rapid cripto monede ! Local Bitcoins - cum cumperi si vinzi Bitcoin folosind CASH sau transfer bancar - tutorial complet Die besten Handelsplattformen für Kryptowährungen! Binance, Bittrex und Kraken Chart Binance/Bittrex Cryptos on MT5 - YouTube TUTO BINANCE - TRADING BITCOIN & CRYPTO SUR LE MEILLEUR EXCHANGE AU MONDE COMPRAR BITCOINS TRASLADAR MONEDAS DE BITSO A BINANCE How to Transfer Cryptocurrency from Coinbase to Binance - NO FEES!

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BINANCE - cum sa cumperi rapid cripto monede !

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