Option

By CoinGecko | Updated on Mar 03, 2020

It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.

MicroBitcoin (uBTC)

One millionth of a bitcoin or 0.000001 of a bitcoin. Microbitcoin is the abbreviation of uBTC and often misunderstood as the fork of Bitcoin.

Derivatives Market

A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset.

Market capitalization (market cap)

In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price

Decentralized

A system where there are no centralized points of failure or organization with no central authority figure.

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