Basic cryptocurrency terms that every beginner trader should know 2
Bears are those who sell cryptocurrency and wait for the price to fall, or those who cause the price to fall through their actions, thereby creating a supply.
A bear market is a situation when most assets decrease in value.
Volatility is the fluctuation of the price of assets over a certain period of time.
Gas is a unit of calculation that represents the amount of commission for a certain action or transaction.
Two-factor authentication (2FA) is an additional level of security for your account based on two-factor authentication.
DYOR (Do Your Own Research) - do your own research.
Know Your Customer (KYC) is the process used by the exchange to verify the identity of the person usingtheplatform.