📚 Crypto Glossary – Vol. 1

1️⃣ Coin = a cryptocurrency with its own blockchain (e.g., Bitcoin, Ethereum)

2️⃣ Token = a cryptocurrency built on another blockchain (e.g., Shiba, Uniswap on Ethereum)

3️⃣ Wallet = your digital wallet. It can be custodial (like Binance) or non-custodial (like Metamask).

4️⃣ HODL = to hold crypto for the long term without selling. It originated from a typo 😅

5️⃣ FOMO = "Fear of Missing Out". The fear of being left out. It drives poor buying decisions.

👉 Understanding these concepts helps you avoid beginner mistakes.

💬 Write in the comments which word you want to see explained in the next glossary!

$BTC

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