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Fiat

Fiat refers to any government-issued currency that is not backed by a physical commodity, such as gold or silver. Examples of fiat currencies include the US dollar, the Euro, and the Japanese yen. These currencies derive their value from government regulation and are typically used as a medium of exchange in daily transactions, such as buying goods and services. In contrast, commodity-backed currencies are directly tied to the value of a physical commodity, such as gold or silver, and their value can fluctuate based on supply and demand for the commodity.

  • Price Action
    As a trader, price actionAs a trader, price action refers to the movement of the price of a cryptocurrency over time. It's the study of how the price changes... More refers to the movement of the price of a cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of […]
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  • Forced Liquidation
    A forced liquidationA forced liquidation on a cryptocurrency exchange is when a trader's position is automatically closed out by the exchange due to insufficient margin. This happens... More on a cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... […]
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  • Capitulation
    In cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... More trading, capitulationIn cryptocurrency trading, capitulation refers to a situation where investors or traders give up their positions in a particular asset or market after experiencing a... More refers […]
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