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Crypto Glossary

Plain-English definitions of the cryptocurrency, blockchain and trading terms you will meet as you learn.

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Satoshi Nakamoto

Satoshi Nakamoto is the name used by the person or group that developed Bitcoin. It is a pseudonym, and the real identity behind it has never been…

Seed Phrase

A seed phrase is the recovery phrase for a crypto wallet: a list of ordinary words, most often 12 or 24, that encodes the master secret from which the…

Smart Contract

Smart contracts are protocols, written as computer programs, that execute automatically on the blockchain when predefined conditions are met.

Spot

Spot refers to a contract or transaction that buys or sells cryptocurrency at the current market price, with payment and delivery happening in real time.

Stablecoin

A stablecoin is a cryptocurrency pegged to a stable asset, most often a national currency such as the US dollar, so that one token aims to stay worth one…

Staking

Staking means locking tokens to support a blockchain’s network operations, mainly validating transactions on a proof-of-stake network, and earning…