Verification Code

In order to confirm the identity of the person entering an account, a verification code is given to a different device. It's used for two-factor authentication.

Utility Token

Tokens that are designed specifically to be able to help people use something.

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.

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.