An Initial DEX Offering (IDO) occurs when a crypto project makes its token or coin available for purchase on a decentralized exchange.
On April 14th, 2021, the price of bitcoin reached $64,863, an all-time high. Soon after, search engines flooded with cryptocurrency-related queries, such as “how to buy crypto”
Speculative trading refers to the purchase and sale of a highly volatile asset driven by the potential colossal returns despite the high risks.
AMM is an automated means to supply exchanges with liquidity, thanks to liquidity pools.
A liquidity pool is a reserve of coins locked up using smart contracts.
Slippage occurs when there is a discrepancy between the order price a trader requests and the de facto price he settles for when the transaction is executed.
A 51% attack is an attack on a blockchain launched by an entity possessing 51% or more of the network’s mining potential.
Volume is the amount sold of a certain asset.
Mining is the phenomenon of verifying blockchain transactions, adding new blocks to the chain network.
WETH is an ERC-20 compatible token, equivalent to 1 ETH.