Limit Order / Limit Buy / Limit Sell

Von CoinGecko | Aktualisiert am Mar 03, 2020

Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached. This is in contrast with market orders at which a cryptocurrency is sold at the current best available price.

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Related Terms

REKT

A shorthand slang for “wrecked”, typically describes bad trades that results in losses.

Transactions per second (TPS)

It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.

Second-Layer Solutions

Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.

Unspent Transaction Output

(abbv. "UXTO") Coins that are unspent in the wallet. Uxto virtually represents the cryptocurrency one own in the wallet.

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