Pegged Currency

A currency whose value is intended to be constant in relation to a certain asset. For instance, 1 USDT is equivalent to 1 USD. Likewise known as a stablecoin.

Pair

Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.

Utility Token

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

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.