The most detailed cryptocurrency dictionary

Blockchain and cryptocurrency are becoming an increasingly popular topic in the world and have long gone beyond the crypto community. Moreover, the regulation and use of cryptocurrencies are discussed at the state level. Also, a huge number of people join the crypto community and try to understand the market trends. But to understand the market and all the phenomena associated with cryptocurrency, users need to understand the cryptocurrency terminology, so the Cryptorobotics team has compiled a cryptocurrency dictionary that will help new users get comfortable in the crypto industry. Here, users will find the basic concepts and terms in the field of blockchain and cryptocurrencies to make it easier to navigate.

Crypto trading bot - is an automated software that enters and exits trades instead of the trader.
Crypto wallet - is a software that gives you access to your digital assets on a blockchain using a public and private key. The cryptocurrency itself is not stored in a crypto wallet but is stored in the blockchain.
Cryptocurrency - is digital money backed by blockchain technology and protected by cryptography (the science of encryption). They differ from ordinary money in two main parameters: independence – crypto money is not tied to any bank or state in the world; virtuality – cryptocurrency exists only in the digital space, stored in an electronic wallet.
Cryptocurrency arbitrage - is a type of earnings on the difference in quotes of digital coins, which is the purchase of a cryptocurrency at a low cost on one site and its sale at a higher price already on another site.
Cryptocurrency capitalization - (market capitalization) is the total value of all coins of a digital asset, which is based on the current quotes of crypto exchanges.
Cryptocurrency listing - is the placement of a digital asset in the list of coins on a crypto exchange for its sale and purchase.
Cryptocurrency market capitalization - is the total current value of all digital assets in the crypto market.
Cryptocurrency rate aggregators - are popular services that collect and track all the necessary information about the cost of digital coins and their dynamics.
Cryptocurrency withdrawal - is the transfer of digital coins from one crypto wallet to another or the conversion of digital coins into regular money.
Custodial wallet - is a cryptocurrency wallet in which a user's crypto assets are stored by a third party (custodian), such as a crypto exchange. This has its advantages. For example, if a user loses their password or key, they can regain access to their funds.
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