Cryptocurrency
By CoinGecko | Updated on Mar 03, 2020
A form of digital currency that utilizes cryptographic protocols to record ownership, prevent counterfeit (when ownership and transaction gets logged onto the blockchain). Bitcoin is one of the most successful examples which combines peer-to-peer networking, cryptography and incentivization by design to create a cryptocurrency.
Related Terms
Futures
An agreement between two counterparties that obligates them to transact in the future based on the contract terms set.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Dominance
Typically refers to Bitcoins' market capitalization dominance.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
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