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Understand the Terms

  1. INDODAX
  2. General
  3. Understand the Terms
  • What are trading bots?
  • What is the difference between Tokens and Coins in the crypto world?
  • What is merkle tree?
  • What is a wrapped token?
  • What is the difference between Centralized Exchange (CEX) and Decentralized Exchange (DEX)?
  • What is sharding in blockchain?
  • What is hyperledger?
  • What is a whale in the crypto world?
  • What is a nonce in blockchain?
  • What is Cryptography and how does it affect the crypto world?
  • What is the term burning tokens in the crypto world?
  • What is a Security token?
  • What is Utility Token?
  • What is Alt coin?
  • What is Testnet?
  • What is mainnet?
  • What is the term bearish in the crypto world?
  • What is the term bearish in the crypto world?
  • What is a distributed ledger and how is it different from a blockchain?
  • What is Annual Percentage Yield (APY) in staking?
  • What is web 3.0 and how does it affect the crypto world?
  • What is a Whitepaper in the crypto world?
  • What is SEC in the crypto world?
  • What is the term “The FED” in the crypto world?
  • What is Proof of stake (PoS) in staking?
  • What is the term HODL in the crypto world?
  • What are spreads in the crypto world?
  • What is an underlying asset?
  • What is TX ID or TX Hash?
  • Who runs Bitcoin? What is the company behind Bitcoin?
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