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Wallet Seed Phrase

A seed phrase is a string of words generated by your wallet and used to gain access to the crypto linked with it. The seed phrase is similar to a password or private pin.

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Arbitrage

Arbitrage refers to taking advantage of price differences of the same currency, security, or commodity in two or more markets. For example, crypto prices on African exchanges can be different from US exchanges. An arbitrage trader would buy the asset at a lower price on one exchange and sell it at a higher price on another, making a profit from the price discrepancy. The goal is to exploit market inefficiencies and quickly capitalize on the variations in cryptocurrency prices between different trading platforms.

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Ashdraked

Ashdraked is the total loss of a trader’s investment or capital resulting often from shorting of bitcoin. The phenomenon was named after a Romanian Bitcoin trader known by the pseudonym “Lord Ashdrake”.

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