Online Storage
Online storage is keeping your cryptocurrencies in wallets or services that are connected to the internet.
More terms under O
- On-Ledger CurrencyA currency created and used directly on a blockchain, like Bitcoin, which means all transactions are recorded on the blockchain.
- Onchain FiatOnchain fiat is a type of stablecoin that is fully approved by regulators, allowing easy movement of money between regular bank accounts and the world of web3.
- One Cancels the Other Order (OCO)An One Cancels the Other Order (OCO) is when you place two cryptocurrency orders at the same time. If one order goes through, the other one is automatically…
- Ontorand Consensus Engine (Ontology)The Ontorand Consensus Engine is a system used by the Ontology blockchain to agree on transactions and maintain security. It combines three methods—Voting, BFT…
- Open Finance (OpenFi)Open Finance, or OpenFi, is a way to combine traditional banking and finance with decentralized finance, which uses blockchain technology to create more open…
- Open InterestOpen interest is the total number of active futures and options contracts that traders hold at the end of a trading day.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.