📘 Crypto Glossary
Simple explanations of key crypto terms. No buzzwords — just clarity.
Airdrop
A free distribution of tokens to users, often used to promote a new project or reward early adopters.
Altcoin
Any cryptocurrency other than Bitcoin.
Blockchain
A decentralized digital ledger that records transactions across a distributed network of computers.
DeFi
Short for “Decentralized Finance” — a system where financial services are built on blockchains without banks.
dApp
A decentralized application that runs on a blockchain instead of centralized servers.
FOMO
“Fear Of Missing Out” — the anxious feeling of being late to a trend or price rally.
Gas
The fee required to process a transaction or execute a smart contract on Ethereum or other chains.
HODL
Originally a typo for “hold” — now a strategy to keep crypto long-term regardless of market swings.
KYC
“Know Your Customer” — identity verification required on most centralized exchanges.
Smart Contract
Self-executing code on the blockchain that performs actions when conditions are met — no middlemen needed.
Staking
Locking up tokens in a network to help validate transactions and earn rewards.
Wallet
A tool (app, browser extension, or device) that stores your private keys and interacts with the blockchain.