Whitelist
By CoinGecko | Updated on Mar 03, 2020
In the context of the cryptocurrency industry, a trader will be placed in a whitelist after completing some form of KYC checks, which will allow the trader early access to a token sale event. Typically, traders wants to be placed in a whitelist as that puts them in a potential advantage as they can purchase the token prior to a public token sale at which the coin will be sold at a higher price to the public.
Related Terms
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Kimchi Premium
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin.
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