logo

Ask Price

The Ask Price is the lowest price in which a seller is willing to accept for the sale of an asset. It represents the minimum amount a seller is willing to accept when someone wants to buy a specific cryptocurrency. This price is part of the order book on a cryptocurrency exchange, where buyers can see the current asking prices from sellers.

Share this term

Asset Allocation

This is an investment strategy investors use to minimise losses by dividing their investment portfolio among different asset classes such as stocks, crypto, real estate, bonds, etc.  Proper asset allocation helps investors balance potential gains and losses, aiming to achieve a diversified and resilient portfolio. This approach is crucial for managing the inherent volatility in the cryptocurrency market and aligning with an investor's risk tolerance and financial goals.

See full definition

Atomic Swap

A direct exchange of one type of cryptocurrency for another on a different blockchain or off-chain, without centralized exchange as an intermediary.  It's called "atomic" because the swap either happens entirely or not at all, ensuring that both parties involved get their agreed-upon cryptocurrencies simultaneously or none at all. This process occurs through smart contracts, making it secure and trustless.

See full definition

Crypto scoop

Sign up for our weekly newsletter

Stay informed with the latest updates to buy, sell, and store your crypto on the go.

phone

Download the Yellow Card app

Start trading crypto with ease

Get the Yellow Card app to buy, sell, and store your crypto on the go.

footer logo
hello@yellowcard.io

© 2024. Yellow Card Academy

Visit our website
Explore
Collections
Community