Stop-loss Order
By gianpal_photo | Updated on Aug 12, 2021
Designed to protect traders from loss, the stop loss order is an order that converts a limit order to a market order when the price of the asset falls below certain threshold.
Related Terms
Full Node
Full Nodes are computers that verify the set of rules that are built into the protocols of a given cryptocurrency.
KYC (Know Your Customer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
IYKYK
Abbreviation for: if you know you know. The phrase implies that the user has dropped some sort of insider knowledge about a specific experience. Often, the post will have some callback to a particular experience that will instantly stand out to those who are “in the know,” or ironically sharing commonly known information.
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.