Option
By CoinGecko | Updated on Mar 03, 2020
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
Related Terms
Whale
Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Buy/Sell Tax
On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.
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