Token
By CoinGecko | Updated on Mar 03, 2020
Tokens and coins are often erroneously regarded as interchangable terms. However, while both tokens and coins share technical similarity, tokens are ussually built atop a smart contract platform and is issued en-masse during its inception. Tokens grants its holders the right to take part in the issuing parties' network or product.
Related Terms
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
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