ERC-1155
By CoinGecko | Updated on Aug 13, 2021
ERC-1155 token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes. It is used to promote efficiency in batch token transfers, and it allows many types of NFTs to be created with a single contract.
Related Terms
Kimchi Premium
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
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