Hot Wallet
By CoinGecko | Updated on Mar 03, 2020
It is a tool that store your cryptocurrencies and always connected to internet. The stored coins can be instantly exchanged with other members of the network or used to trade.
Related Terms
QR Code
Abbreviation "Quick Response Code", QR code is a machine readable optical label that stores up to 3Kb of data
KYC (Know Your Customer)
KYC stands for "Know Your Customer", a process for business entities are required to verify its clients and assessing them.
ROI
Short for “Return on Investment”, the ratio between the net profit and cost of investing.
Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
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