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.
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