Buy Wall
A buy wall is a large order to buy a cryptocurrency at a certain price on an exchange, which can make it harder for the price to drop below that level.
More terms under B
- Burn/BurnedBurned cryptocurrency tokens or coins are those that have been intentionally and permanently taken out of circulation, reducing the total supply.
- Burned TokensBurned tokens are cryptocurrencies that have been sent to special addresses where no one has the private keys, making them impossible to use or access again.
- Buy The (F*******) Dip (BTD/BTFD)A phrase used by cryptocurrency fans encouraging others to purchase coins when prices drop, believing it’s a good opportunity to buy at a lower cost.
- Buy the F***in Dip (BTFD)BTFD is a phrase used by cryptocurrency fans to encourage others to buy an asset when its price drops, believing it will go up again in the future.
- Buy/Sell TaxA buy/sell tax is a fee taken from the amount of cryptocurrency you buy or sell, where a portion of that amount is sent to a specific address.
- Byron PhaseThe Byron Phase is the initial stage of Cardano, launched in September 2017, where the basic features of the platform were introduced.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.