Bitcoin ATM
By CoinGecko | Updated on Mar 10, 2020
ATM refers to Automated Teller Machines, similar to that of the traditional finance sector. Users can buy/sell cryptocurrencies from the machines for a fee. Bitcoin ATMs also known as Bitcoin Teller Machines, or BTM for short.
Related Terms
Double Spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
Securities and Exchange Commission (SEC)
U.S. Securities and Exchange Commission, an independant agency of the US Federal government which oversees federal securities laws, proposing securities rules, and regulating the securities industry.
Frontrun
To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain.
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
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