Crypto glossary

Annual percentage yield: the yearly return including compounding.

A public string where crypto can be received, derived from a public key.

Free tokens distributed to wallet holders, often to promote a new project.

Any cryptocurrency other than Bitcoin.

A shared, append-only ledger maintained by a network of computers.

A service that moves a token from one blockchain to another.

Keeping private keys on a device or system that is not connected to the internet.

A block added on top of the one containing your transaction.

A wallet where a service holds the keys on your behalf.

Decentralised finance: financial apps that run on smart contracts.

The route an HD wallet follows to turn one seed into many keys.

An extra number some networks need to route a deposit to the right account.

The token standard on Ethereum and EVM-compatible chains.

A platform where you buy, sell or swap crypto.

The fee paid to process a transaction on Ethereum-style networks.

A scheduled cut in the new-coin reward for Bitcoin miners.

A fixed-length fingerprint of data produced by a one-way function.

A wallet whose keys are on an internet-connected device.

Know your customer: identity checks required by many financial services.

A network built on top of a blockchain to make it faster and cheaper.

Price multiplied by circulating supply.

A non-fungible token: a unique token representing a specific item.

What the blockchain charges to include your transaction.

The secret number that authorises spending from an address.

The shareable half of a key pair, used to derive addresses.

Twelve or twenty-four words that back up an entire wallet.

Holding your own keys rather than trusting a service with them.

Code deployed on a blockchain that runs exactly as written.

A token designed to hold a steady value, usually one US dollar.

Locking coins to help secure a proof-of-stake network in exchange for rewards.

The token standard on the TRON network.

An asset issued on top of an existing blockchain.

A second sign-in step on top of your password.

How sharply a price moves over time.

Software or hardware that manages keys and shows balances.

An address or holder with a very large balance.

Income earned on a crypto holding.