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Basic Crypto Terms You Should Know

ATH: All Time High

ATL: All Time Low

dApp: Decentralized Application

DAO: Decentralized Autonomous Organization

DeFi: Decentralized Finance

DYOR: Do Your Own Research

ERC-20: Ethereum Network

ERC-721: Ethereum Network Standard For Non-Fungible Token

EVM: Ethereum Virtual Machine

Fiat: Refers to types of Money with the traditional financial ecosystem

FOMO: Fear Of Missing Out

FUD: Fear, Uncertainty and Doubt

HODL: Hold On for Dear Life

KYC: Know Your Customer

NFT: Non-Fungible Token

PoS: Proof-of-Stake

PoW: Proof-of-Work