Microtransaction
By CoinGecko | Updated on Mar 03, 2020
Microtransaction is a system that made very small payments possible in buying the common digital goods and services, such as purchasing items in a game.
Related Terms
Market Maker
Participant of the market who creates buy and orders
Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Crypto Bubble
It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.