Trading related vocabulary

Over-the-counter (OTC)

OTC transactions refer to transactions that are not conducted on the exchange, but are conducted in a manner privately agreed between buyers and sellers.

Candy

Candy refers to the tokens that the blockchain project team rewards early users, and the tokens can be traded and liquidated (but not all of them can be traded and liquidated).

KYC

KYC is the abbreviation of Know Your Customer, which means know your customer. In the international Anti-Money Laundering Law regulations, organizations are required to have a comprehensive understanding of their customers in order to predict and discover unreasonable and potential illegal behaviors in business practices.

Bull Market

A form of expression for digital currency market conditions, a bull market refers to a large up market in which the market conditions are generally bullish and last for a long time.

Bear Market

A form of expression for digital currency market conditions, a bear market refers to a large down market that is weak and lasts for a long time.