A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
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.
Pair
Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.
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.
