📘 Basic Crypto Glossary
🔹 Blockchain
A type of “digital ledger” where all transactions are recorded. It is public, secure, and cannot be modified.
🔹 Bitcoin (BTC)
The first and most well-known cryptocurrency. It was created in 2009 as a form of decentralized digital money.
🔹 Cryptocurrency
Digital money that works thanks to blockchain technology. Examples: Bitcoin, Ethereum, USDT.
🔹 Wallet
This is where you “store” your cryptos. It can be an app, a browser extension, or even a physical device (like a USB).
🔹 Crypto Address
Like your “account number” to receive cryptocurrencies. It is a long chain of letters and numbers.
🔹 Exchange
Platform where you can buy, sell or trade cryptocurrencies. Example: Binance, Coinbase, OKX.
🔹 HODL
Popular term that comes from a typo of “hold.” It means to keep your cryptos long-term without selling.
🔹 Halving
Event that occurs every 4 years in Bitcoin, where the reward for mining is cut in half. It usually impacts the price.
🔹 Satoshi
The smallest unit of Bitcoin. 1 BTC = 100,000,000 satoshis.
🔹 Stablecoin
Crypto that is tied to the value of a traditional currency, like the dollar. Example: USDT or USDC.
🔹 DeFi (Decentralized Finance)
Financial services (like loans, savings, or exchanges) that operate without banks, only using smart contracts.
🔹 NFT
Non-fungible token. It’s like a digital certificate that says you own something unique (an image, music, etc.).
🔹 Token
A digital currency that lives within an existing blockchain, like Ethereum.
🔹 Gas Fee
The fee you pay to make a transaction on some networks like Ethereum.