The most detailed cryptocurrency dictionary

Blockchain and cryptocurrency are becoming an increasingly popular topic in the world and have long gone beyond the crypto community. Moreover, the regulation and use of cryptocurrencies are discussed at the state level. Also, a huge number of people join the crypto community and try to understand the market trends. But to understand the market and all the phenomena associated with cryptocurrency, users need to understand the cryptocurrency terminology, so the Cryptorobotics team has compiled a cryptocurrency dictionary that will help new users get comfortable in the crypto industry. Here, users will find the basic concepts and terms in the field of blockchain and cryptocurrencies to make it easier to navigate.

DAO - is a decentralized autonomous organization that is hosted on the blockchain and operates using smart contracts. The organization operates on the principle of collective decision-making, without a single decision-making center.
Decentralized exchange - (DEX) is an alternative to a centralized exchange. On such platforms, all monetary transactions and trading take place automatically using smart contracts and decentralized applications. The user's money is stored in their wallets, not in the wallets of the exchange.
DeFi - (decentralized finance) is a platform and application based on the blockchain. The main goal of the DeFi sector is to become an alternative to the banking sector and replace the traditional technologies of the current financial system with open-source protocols.
Deflation - is a process opposite to inflation, which is an increase in the value of a currency and a decrease in the prices of goods, services, etc.
Delisting of a cryptocurrency - is the exclusion of a digital coin from the list of cryptocurrencies of the exchange, after which the user will not be able to buy or sell it on this crypto exchange. In this case, the asset does not cease to exist, it simply becomes unavailable at a particular site.
Demo trading mode - is a simulation of trading on real quotes of digital coins but without the use of user funds. This tool is designed to test the function and practice trading skills for beginners. Also known as Paper Trading.
Desktop single-user robot - is a crypto trading bot that is installed on a PC. Entering trades using desktop single-user robots is possible only when the computer is turned on.
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