Option
By CoinGecko | Updated on Mar 03, 2020
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
Related Terms
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
Interoperability
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions.
Transaction Fee
A payment to the network for performing a transaction to be recorded on the blockchain.
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