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Utility Token

By CoinGecko | Updated on Mar 03, 2020
Utility-tokens represents the right to use a product or service offered by the utility token issuer as a means to circumvent the categorization as an investment vehicle.

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Related Terms

Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
Wallet address
The address in which cryptocurrency can be stored, sent to and receive.
Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
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