🔑 Basic Crypto Trading Terms

In this article we learn about some basic terms used in crypto trading

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🕒 12:57 PM

📅 Aug 20, 2025

✍️ By Asadabbas320

1. Exchange

A platform where you buy, sell, or trade cryptocurrencies (e.g., Binance, Coinbase, KuCoin).

A digital place where you store your crypto.

Hot Wallet → Connected to the internet (e.g., app, exchange wallet).

Cold Wallet → Offline storage (e.g., hardware wallet) for more safety.

Public Key: Like your bank account number (you can share it).

Private Key: Like your ATM PIN (NEVER share it).

Two currencies being traded against each other (e.g., BTC/USDT). It means buying Bitcoin using USDT or selling Bitcoin to get USDT.

Buying or selling crypto directly at the current market price.

Market Order: Buy/sell instantly at current market price.

Limit Order: You set the price at which you want to buy/sell.

Stop-Loss Order: Automatically sells when price drops to avoid big loss.

How easily you can buy/sell a coin without affecting its price. High liquidity = easy trading.

How much and how quickly the price of a coin changes. Crypto is highly volatile.

A period when prices are going up, and traders are optimistic.

A period when prices are going down, and traders are fearful.

When traders buy quickly because they are afraid of missing profit.

Slang for “Hold” → keeping crypto long-term without selling, even during drops.

Any cryptocurrency other than Bitcoin (e.g., Ethereum, Solana, Cardano).

Cryptos tied to real assets (like USD) to keep stable value (e.g., USDT, USDC).

Borrowing money from the exchange to trade bigger positions. Example: 10x leverage means you trade with 10 times your money. ⚠️ Risky!