The act of exchanging one type of cryptocurrency for another on a decentralized platform.
When a well-known person (a KOL) tells their followers what to buy or sell. This can be very risky.
A set of rules on a blockchain that allows users to lend and borrow crypto without a bank.
How easily you can buy or sell a cryptocurrency without changing its price much. High liquidity means it’s easy to trade.
A big pool of cryptocurrency that users can deposit their assets into to help exchanges function. They earn rewards for their contribution.
Maker fees are paid when you add a new order to the exchange's order book. Taker fees are paid when you fill an existing order.
A market order is a quick trade at the current best price. A limit order is a trade you set to happen only when the price reaches a specific value.
