Honeypot
A honeypot is a scam in the crypto world designed to trick people into giving away their money or personal information.
More terms under H
- Higher HighA higher high occurs when the price of a cryptocurrency ends at a level that is higher than the highest price it reached in the previous period.
- Higher LowA higher low happens when the price of a cryptocurrency ends the day at a level that is higher than the price at the end of the previous day.
- HoneyminerHoneyminer is an app that lets you mine cryptocurrency on your computer or mobile device.
- Hostage Byte AttackA Hostage Byte Attack is when a hacker targets a user who has stored their data on a harmful storage service. The hacker demands a ransom to give back access…
- Hosted WalletA hosted wallet is a digital wallet that is managed by an outside company, which keeps your cryptocurrency safe for you.
- Hot StorageHot storage refers to keeping your private keys online, which makes it easy and fast to access your cryptocurrencies.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.