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Exchange

What does Exchange means?

In crypto, “exchange,” also known as a “crypto exchange,” describes a platform where people can trade cryptocurrencies. Therefore, you can swap from one crypto to another or exchange your cryptocurrency for stable fiat coins like USDT.

Examples

Examples of crypto exchanges include Binance, BlockFi, Crypto.com, and Coinbase.

Random Slangs

Governance tokens

These are specialized tokens created by developers to oversee the outcome of a decentralized protocol. It defines token ownership. People that hold governance tokens have

McDonald’s

It’s used jokingly as an alternative career to a failed NFT investment. The NFT community uses it comically as the career option to fall on

AMA

A short form of “ask me anything.” An AMA is usually a session on Twitter Space, where an NFT project community members get to ask

LFG

Means ‘Let’s f***king go!’. It’s used in excitement about new project launches, huge NFT news and other massively positive updates.

Noob / Pleb

An NFT or crypto beginner. Generally, someone not knowledgeable about a subject matter is called a Pleb or Noob. But the NFT community has adopted it to describe

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