BUIDL
By Cryptomcmillan1 | Updated on May 24, 2020
An extension to the term "hodl" that originated in December 2013 in Bitcoin forums, buidl is also misspelled on purpose from the word "build".
Generally used within cryptocurrency communities to indicate that work is being done to better the cryptocurrency space through new products and innovations.
Related Terms
Stop-loss Order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Microtransaction
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.
Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free.
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