Market Taker
By bijok_adam | Updated on May 24, 2020
A market taker buys and sells assets by taking from existing orders made by others
Related Terms
Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
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