Unbanked
Unbanked refers to people who do not have access to traditional banking services or who choose not to use them.
More terms under U
- UNI TokenUNI Token is the main voting token for Uniswap, which is the biggest decentralized exchange where people can trade cryptocurrencies directly with each other.
- US Office of Foreign Assets Control (OFAC)The US Office of Foreign Assets Control (OFAC) is a part of the US Treasury Department that helps enforce financial laws and track illegal activities,…
- UTC TimeUTC Time is a standard time used around the world that helps everyone stay on the same schedule, regardless of their location.
- Uncle Block (Ommer Block)An Uncle Block, also known as an Ommer Block, is a block that gets left out of the blockchain when two blocks are created at the same time. Only one of these…
- UnconfirmedA transaction is unconfirmed when it hasn't been added to the blockchain yet.
- Unit of AccountA unit of account is a common way to measure and keep track of the value of money or assets, making it easier to record financial transactions.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.