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.

Active Management

Active management in crypto refers to an investment strategy where portfolio managers actively make buying and selling decisions to try to outperform the market and generate higher returns.

Governance Token

Developers design governance tokens to let token holders influence the direction of a protocol.

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.