Crowdsale
By CoinGecko | Updated on Sep 01, 2021
This type of auction has a fixed price per token that is sold on a first-come-first-serve basis, allowing projects to have direct control over the token price.
Related Terms
Market Order / Market Buy / Market Sell
A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.
Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
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