CRYPTO TERMS /SLANGS YOU SHOULD KNOW - A beginners guide:
AML – Anti-Money Laundering
DW. – Decentralized Wallets (e.g., Metamask, Trust Wallet, Bitkeep Wallet, OKX Wallet, etc.)
DApp – Decentralized Application
BTC – Bitcoin
ETH – Ethereum
BNB – Binance Coin
SOL – Solana
USDT – Tether (Stablecoin)
USDC – USD Coin (Stablecoin)
DeFi – Decentralized Finance
DEX – Decentralized Exchange (e.g., Pancakeswap, Poocoin, Uniswap, Sushiswap, etc.)
CEX – Centralized Exchange (e.g., Binance, Bybit, MEXC, etc.)
P2P – Peer to Peer
NFT – Non-Fungible Token
ICO – Initial Coin Offering
IDO – Initial DEX Offering
IEO – Initial Exchange Offering
FOMO – Fear of Missing Out
HODL – Hold On for Dear Life
FUD – Fear, Uncertainty, and Doubt
DYOR – Do Your Own Research
ATH – All-Time High
ATL – All-Time Low
KYC – Know Your Customer (Verification)
PoW – Proof of Work
PoS – Proof of Stake
DAO – Decentralized Autonomous Organization
EVM – Ethereum Virtual Machine
MC – Market Cap
LP – Liquidity Pool
PRESALE – A sale before a token launch
AIRDROP – A reward for doing tasks
Whale – A wealthy person holding large amounts of crypto
RUG PULL** – A scam project or a project that turns scam
DEV** – Developer of a project
AMA – Ask Me Anything
NFA – Not Financial Advice
DIP – Decrease In Price
PUMP – Increase in Price
BULL – Bullish season (Pumps)
BEAR – Bearish season (Dumps)
ALT – Altcoin (e.g., Ethereum, Binance, Tron, etc.)
FDV – Fully Diluted Valuation
GM - Good morning
GN - Good evening /Good night
