An exchange is a website or mobile application where individuals can buy and sell cryptocurrencies using fiat money, bitcoins or altcoins.
Exchange (Crypto)
Related Terms
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Fiat money is a government or central bank-issued currency that is not backed by the value of a physical asset (like gold). Fiat money refers to currencies that have minimal or no intrinsic value...
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Altcoins are cryptocurrencies other than bitcoin. Many altcoins are forks (variations) of bitcoin. “Altcoin” is a combination of two words: “alt” and “coin”. The word “alt” is short for alternative and “coin” means currency. This wording comes from the idea that bitcoin is the original cryptocurrency and that all others are then considered “alternate” or […]
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“Halving” is an artificial, preprogrammed means to control the supply of a cryptocurrency by reducing the mining reward by half. It “pumps the brakes” on the issuance and circulation of new units...
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The Mortgage Bankers Association (MBA) Weekly Applications Survey is a weekly survey of mortgage application activity in the U.S. housing market.
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Mining is the process where transactions are verified and added to a blockchain. It is also the process where new bitcoins or certain altcoins are created. In theory, anyone with a computer and...