Whitelist
By CoinGecko | Updated on Mar 03, 2020
In the context of the cryptocurrency industry, a trader will be placed in a whitelist after completing some form of KYC checks, which will allow the trader early access to a token sale event. Typically, traders wants to be placed in a whitelist as that puts them in a potential advantage as they can purchase the token prior to a public token sale at which the coin will be sold at a higher price to the public.
Related Terms
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
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