Limitlex Academy

What is White Paper?

What is affiliate link?

What is blockchain technology?

What are public and private keys?

What are ERC20 tokens?

What is ‘market capitalization’ and how is it calculated?

What is a ‘block’ in a blockchain?

Trading vs. investing – what’s the difference?

What is day trading?

What is the trading volume?

What is DeFi?

What are stablecoins?

What is a SEPA bank transfer?

What is a ‘hard/soft’ fork?

Differences between coins and tokens

What is Ask price?

What is Bid price?

What is a bear market?

What is a bull market?

What is a cold wallet?

What is a cryptocurrency wallet?

What is crypto mining?

What is ‘gas’ (on the Ethereum network)?

What 'HODL' means?

Initial coin offering (ICO)

Initial exchange offering (IEO)

What is recovery phrase?

Security token offering (STO)

Who or what is 'whale'?

What is a smart contract?

What are non-fungible tokens (NFTs)?

What are dApps?

What is AirDrop?

What is Confirmation/Block confirmation?

What is FOMO?

What is BTC (Bitcoin)?

What is ETH (Ethereum)?

What is LINK (Chainlink)?

What is OMG (OmiseGO)?

What is BCH (Bitcoin Cash)?

What is USDT?

What is YFI (yearn.finance)?

What is UNI (Uniswap)?

What is DASH (Dash)?

What is a BAT (Basic Attention Token)?

What is KNC (Kyber Network)?

What is NWSBCT (2100news Blue Chip Index Fund)?

What is NWSCOT (2100news Coins Index Fund)?

What is NWSLT (the 2100news Crypto Large-Caps Index Fund)?

What is NWSET (2100news Ethereum Tokens Index Fund)?

What is Falcon Nine token?

What is BANKETH token?

What is LTC (Litecoin)?

What is XRP (Ripple)?

BIDS

The bid price is the highest price that a particular buyer is willing to pay for a specific product or service. In the context of financial/crypto markets, it is the value buyers offer for an asset, such as a commodity, security or cryptocurrency.

ASKS

The asking price is the minimum price that an individual would be willing to sell their asset, or the minimum amount that they want to receive in return for the unit(s) they are parting with.

MY OPEN ORDERS

Here you can see all of your open orders. To cancel an open order, just click the ‘X’ symbol next to it.

LIMIT ORDER

Limit order gives you the power to set a specific price at which you would like to buy or sell the desired amount of cryptocurrency.

MARKET ORDER

A market order is an order type that enables you to buy or sell at the best available market price.

STOP LOSS LIMIT

A Stop Loss Limit order is designed to limit your loss on a cryptocurrency position. A Stop Loss Limit order can be placed to buy or sell a specific cryptocurrency at your entered price (a limit order) once that cryptocurrency reaches a certain price.

TAKE PROFIT LIMIT

A take profit limit order is an order put in place by traders to maximize their profits and protect their profits on positions. A take profit limit order allows you (a trader) to set your custom made Buy or Sell order. You have to set two prices - the Trigger Price and the buy/sell Price.