Cashing Bitcoin: Difference between revisions
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*'''Non-custodial (or self-custodial) vs custodial''' - non-custodial means you have private keys, custodial means they have your private keys | *'''Non-custodial (or self-custodial) vs custodial''' - non-custodial means you have private keys, custodial means they have your private keys | ||
*'''Makers and takers''' - Makers are market makers who provide two-sided markets, and takers as those trading the prices set by market makers. | *'''Makers and takers''' - Makers are market makers who provide two-sided markets, and takers as those trading the prices set by market makers. | ||
*'''crypto exchange''' - allows you to buy and sell in crypto and fiat [https://en.wikipedia.org/wiki/Cryptocurrency_exchange] | |||
=Companies= | =Companies= | ||
Revision as of 21:48, 16 March 2024
Terms and Language
- A crypto withdrawal - when you transfer your cryptocurrency balance to an external wallet, such as a Metamask, Ledger or to a cryptocurrency exchange. This is known as an 'on-chain' transaction, where the transfer occurs on the blockchain.
- Non-custodial (or self-custodial) vs custodial - non-custodial means you have private keys, custodial means they have your private keys
- Makers and takers - Makers are market makers who provide two-sided markets, and takers as those trading the prices set by market makers.
- crypto exchange - allows you to buy and sell in crypto and fiat [1]