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Crypto Lingo 101

Cryptocurrency space has many terms that can be new to people that start to invest in it. In this academy article we have listed the most popular crypto terms that everybody needs to get used to.



  1. Altcoin- A digital currency other than Bitcoin. Ether, Litecoin, XRP, and basically any other crypto coin is an altcoin.
  1. Algo bots (algo trading bots)- Programmable trading bots that are developed to trade cryptos on exchanges for their owner.
  1. Decentralized Finance (DeFi)- Platforms commonly developed on the Ethereum blockchain which provide crypto financial services without the need of a third party, allowing the parties to stay anonymous.
  1. Fear of missing out (FOMO)- The act of buying up an asset after based on expectations that it will rise in value and produce short-term gains. Can be dangerous to get caught up in due to market manipulation.
  1. Centralized exchange (CEX)- A crypto exchange that functions as a traditional brokerage or stock market. Users do not have ownership of their private keys with the exchange’s wallets.
  1. Decentralized exchange (DEX)– A crypto exchange that allows for peer-to-peer crypto transactions to take place securely and without a third party.
  1. Bull/bullish- When an asset rises in price or when a trader has the feeling an asset will rise in price.
  1. Bear/bearish– When an asset falls in price or a trader has a feeling the asset will fall.
  1. All time high (ATH)- When the price of an asset reached a higher price it never before reached.
  1. Arbitrage- Taking advantage of the price difference between two different exchanges
  1. Block- Collected data of recorded transactions that have been confirmed and combined together
  1. Decentralized Autonomous Organization (DAO)- An organization or company that runs completely autonomously without a leader or central authority. Important decisions are decided upon token holders.
  1. Address- A unique string of numbers and letters that identify someone’s wallet. Used when sending and receiving transactions.
  1. Liquidity pool- A collection of funds locked into a smart contract used to facilitate decentralized trading, lending, and more.
  1. Staking- Locking crypto assets away on a blockchain in order to receive additional coins as a reward.
  1. Slippage- Occurs when a trader must settle for a different rate than expected between when they enter the market and when the trade was executed.
  1. Blockchain- A data structure that holds transactional records while ensuring security, transparency, and decentralization.
  1. Distributed Ledger- A digital database that is shared and synchronized across multiple locations and accessible by multiple people.
  1. Fear, Uncertainty, Doubt (FUD)- Spreading around false information to cause the price of an asset to drop in order to short sell or buy in at a lower price.
  1. Hard Fork- Creates a permanent change to a digital currency’s protocol or rules, resulting in a whole new blockchain.
  1. Soft Fork- A change to the software protocol where only previously valid blocks/transactions were made.
  1. HODL- The practice of holding onto crypto for a long period of time throughout several market fluctuations.  
  1. Initial Coin Offering (ICO)- A method by new crypto companies to raise money by offering their digital tokens to the public for the first time.
  1. Know your customer (KYC)- A validation process used by crypto exchanges and platforms to verify who their users are.
  1. Long/Longing- Buying an asset with the anticipation that it will rise again in the future.

Crypto Lingo 101




  1. Short/shorting- A high-risk method that involves selling a crypto asset first and then buying it back later with the anticipation that it will rise again in price.
  1. Market cap- The total market value of a cryptocurrency
  1. Tokenomics- The economical evaluation of a blockchain project’s token supply and business structure.  
  1. Mining- The process of confirming new transactions and combining them into blocks in order to create new units of digital currency.
  1. Moon/Mooning- A sharp rise in the value of an asset
  1. Proof of Work (POW)- A process of confirming that a digital currency’s transactions have been verified through mining.
  1. Proof of Stake (POS)- A process of confirming crypto transactions through staking.
  1. Private Key- A string of numbers and letters which allows an investor/user to access their cryptos
  1. Public Key- A string of numbers and letters that act as the address of someone’s wallet for receiving and sending cryptos.
  1. Cold storage/Cold Wallet/Hardware wallet- An external, physical crypto wallet or method of storing crypto that keeps it off the internet.
  1. Hot wallet- Any virtual wallet that requires an internet connection to be used.
  1. Pump and dump- The artificial inflation of an asset that allows for investors to sell at a much higher price than the asset is worth.
  1. Rekt- Losing all your investment because of volatility
  1. Token- Digital currencies built on top of another blockchain
  1. Coin- Digital currencies that are native to their own blockchain
  1. Whale- A trader with a lot of capital who may purchase a large amount of crypto to manipulate the market.
  1. Whitepaper- A document that offers information on the project and its token.
  1. Decentralized- The ideology and practice of having an ecosystem without any central authority power.  
  1. ETH wallet- A wallet that holds mostly ERC20 tokens, Metamask being one of them.  
  1. Application Programmable Interface (API)- A computing interface that defines the interaction between multiple software intermediaries.
  1. Swap/Swapping- The process of exchanging one token for another on a DEX or CEX
  1. Yield farming- The process of constantly chasing the highest liquidity pool returns to maximize yearly earnings.  
  1. Signals- Instructions sent from a provider detailing which crypto to buy, the price to buy it at, the sell-targets, and the price to set the stop loss at.
  1. Liquidity provider- Someone who contributes their own cryptos into a liquidity pool.
  1. Annual percentage yield (APY)- The yearly rate of return on an investment

Hope you all enjoy our Crypto Glossary!

Crypto Lingo 101

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