Crypto terms explained simply and clearly
Understand the words users often see before buying, selling, transferring or securing crypto assets.
Bitcoin
The first and most recognized decentralized crypto asset, often used as the benchmark of the crypto market.
USDT
A widely used stablecoin designed to track the US dollar and support fast crypto transfers.
Blockchain
A distributed ledger that records transactions across a network without relying on one central database.
Two-factor authentication
An extra account protection layer that requires a second verification step during login or sensitive actions.
Trading fee
A cost charged when a user places or executes a trade on an exchange.
Stablecoin
A crypto asset designed to keep a relatively stable value compared with a reference asset such as the US dollar.
Phishing
A fake message, link or page designed to steal passwords, codes or other sensitive account information.
Market volatility
The speed and size of price movements. Higher volatility can increase both opportunity and risk.
Support and resistance
Price areas traders watch because the market may react around them.
Crypto exchange
A platform where users can buy, sell, transfer or review crypto assets and market prices.
Network fee
A blockchain fee paid for processing a crypto transfer on a selected network.
Wallet address
A destination identifier for receiving crypto. It must match the correct asset and network.