Definition of Application Programming Interface (API)

It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact. For example, the price you see at CoinGecko is the API that calls the data from our server and in return, it will response to you with the requested price.

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Related Terms

Non-custodial

It is a decentralized type-of-wallet, where the users owns its private keys.

UTC Time

"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).

Secure Asset Fund for Users (SAFU)

A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)

Hard cap

The maximum amount that an ICO will be raising.

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