Offshore account

A bank account that is registered in a country other than the one in which the owner was born is called an offshore account.

Airdrop

A marketing tactic known as a cryptocurrency airdrop involves giving away free tokens or coins to existing owners of a specific coin or token.

Impermanent Loss

When there is a price difference between the two assets a trader owns on a DEX, often a cryptocurrency and a stablecoin (such as USDC), impermanent loss might occur.

Altcoin

Altcoin is the term given to describe alternative digital assets, such as a coin or token that is not Bitcoin. This nomenclature comes from the idea that Bitcoin is the original cryptocurrency and that all others are then considered “alternate” or “alternative” coins.