Popular Terms
Terms and slang to help you better understand.
Dex: Short for decentralized exchange
Dapp: Short for decentralized application
Pool: Place to earn returns on your staked funds
Wallet: Hardware and/or software to hold crypto
Price Floor: The lowest price point a token can go
Liquidity: Money available to be converted from crypto to dollars or vice versa
Fair Launch: No pre-sale. Tokens are deployed live and set ready for the public to buy
BNB: A token created by Binance, the crypto exchange. After buying BNB from Binance US, you may withdraw it to your MetaMask wallet which can connect with decentralized applications.
Last modified 1mo ago
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