Seed
By CoinGecko | Updated on Mar 03, 2020
Seed (or seed keys / phrase) are used in deterministic wallets to allows users to easily remember, backup, and restore a wallet. This scheme is used in most bitcoin wallets that implement BIP 32.
Related Terms
Satoshi
A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.
Stop-loss Order
Conditional market order to sell at the next available price, excuted if the price of an asset falls below set-upon limit
Market Order / Market Buy / Market Sell
A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
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