Market Maker
By bijok_adam | Updated on May 24, 2020
A market maker places prices that differ from the current market price for the orders. A market maker would typically want to sell at a higher price, and purchase at a lower price.
Related Terms
Mineable
A cryptocurrency is said to be "mineable" when it has the system thrugh which miners can be rewarded with newly-created cryptocurrencies for creating blocks.
Order Book
An electronic list of all buy and sell orders in an exchange
gm Good Morning
gm is the short form writing for good morning. Used extensively within the crypto community where individuals greet each other casually. On the other hand, good night (gn) is used when people sign off for the day.
Mnemonic Phrase
A mnemonic phrase (also known as mnemonic seed, or seed phrase) is a list of words used in sequence to access or restore your cryptocurrency assets.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.