A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, control the creation of additional units, and verify the transfer of assets.

Cryptocurrency is a digital currency that uses cryptography to secure transactions and control the creation of new units. It can be used in many ways, but some of the most popular are as an investment or means of payment.

 

Infographic on Cryptocurrency Terminology

 

Tom Alford is a British actor. contributed to this article.

Tuesday, March 02, 2018

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Cryptocurrency Terminology Infographic

The cryptocurrency industry is awash with jargon, which may easily perplex novices. To help provide some much-needed clarity to the issue, we’ve put up an infographic with a glossary of key words and definitions.

The Basics of Cryptocurrency

 

DISCLAIMER: The activity of the cryptoassets discussed in this paper is uncontrolled. This post is not intended to provide financial advice. Always do independent research.

 

 

Author Biography

 

Tom Alford

Tom is a cryptocurrency specialist and investor from Edinburgh, Scotland, who has worked in the industry for over 5 years. He graduated from the University of Nottingham with an MA in diplomacy and a BA in politics, providing him a solid grasp of the social and political ramifications of cryptocurrencies. He is a big supporter of the future use of blockchain technology and believes in long-term initiatives above short-term profits. Tom may be reached at [email protected].

The ape crypto slang is a term that refers to the process of using an automated trading platform. It can also refer to the act of buying and selling cryptocurrencies online.

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