Do repost and rate:
Here is a quick guide on what crypto abbreviations are vastly used!
If you are having a quick conversation with your crypto buddies and they used these abbreviations, now you know!
- BUIDL – “Build” (purposeful misspelling for ironic meaning)
- FOMO – Fear of Missing Out
- HODL – Hold On for Dear Life (purposeful misspelling of “HOLD")
- BTD or BTFD – Buy The Dip or Buy the F****** Dip
- DYOR – Do Your Own Research
- FUD – Fear, Uncertainty, Doubt
- FUDster - A person who spreads Fear, Uncertainty, and Doubt
- ELI5 - Explain It Like I’m 5
- JOMO - Joy of Missing Out
- KYC - Know Your Customer
- Lambo - Lamborghini (cryptocurrency term for getting rich)
- TLT - Think Long Term
- OCO - One Cancels the Other
- AMA - Ask Me Anything
- REKT - “Wrecked” (meaning major losses)
- TOR - The Onion Router (one who sends anonymous data)
- CT - Crypto Twitter
These are the ones widely used for conversation case, but there are some professional ones too
- SEC – Securities and Exchange Commission
- FTC – Federal Trade Commission
- CFTC – Commodity Futures Trading Commission
- FDIC – Federal Deposit Insurance Corporation
- DOJ – Department of Justice
- AML - Anti-Money Laundering
- ATH - All-Time High
- ATL - All-Time Low
- ALT or Altcoin – Alternative Cryptocurrency (cryptocurrency other than Bitcoin)
- CEX – Centralized Exchange
- CMC - Coinmarketcap
- DAICO - Decentralized Autonomous Initial Coin Offering
- DCA - Dollar Cost Averaging
- DeFi - Decentralized Finance
- DEX – Decentralized Exchange
- DLT - Distributed LEDGER Technology
- ERC-20 - Token standard for Ethereum
- ERC-721 - Token standard for NFT (non-fungible tokens)
- ETF - Exchange-Traded Fund
- ETP – Exchange-Traded Product
- FIAT – Conventional government-issued currency (e.g. US Dollar, Euro)
- IBO - Initial Bounty Offering
- ICO – Initial Coin Offering
- ITO – Initial Token Offering
- mBTC - Millibitcoin (0.001 BTC)
- MCAP – Market Capitalization
- PnD – Pump-and-Dump scheme
- OTC – Over the Counter
- SATS – Satoshis (the smallest denomination of a Bitcoin: 0.00000001 BTC)
- STO – Securities Token Offering
- TPS – Transactions Per Second
- Tx – Transaction
- TxID – Transaction Identification
- uBTC - MicroBitcoin (0.000001 BTC)
- UXTO - Unspent Transaction
