Bots
By CoinGecko | Updated on Mar 03, 2020
Refers to software or programmes that automatically trade based on preset behaviours (eg. buy @ $100, sell at $102, and then repeat). Bots have the advatage of being extremely quick and can react almost instantaneously.
Related Terms
YTD
Acronym for Year-to-date
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.