✍️ Crypto Slang Terms #5: Your Guide to the Cryptoverse 🔥 BSCStation Crypto Slang Terms is back with another 5 common blockchain words to help improve your knowledge in the innovation industry! ▶ Burn/Burning Usually intended as a counter-inflationary mechanism, burning decreases the total crypto supply, potentially increasing the value of the remaining crypto supply. 👉 Example: 🔶BSCStation monthly token burning event ▶ Buy Side/Sell Side The buy and sell sides refer to the buyers and sellers connected by an order management system (OMS). ▶ Buy Wall A buy wall occurs when a large limit order is placed at a specific price level to buy a large amount of an asset. ▶ Call Option A call option contract gives an investor the right, but not the obligation, to purchase an underlying security at a specified price within a defined period of time. When the option expires, the investor can choose to buy the underlying security or let the options contract become void. ▶ Candlestick Candlesticks are part of a charting methodology employed by stock and cryptocurrency investors that shows historical and real-time prices of a specific asset. Candlesticks are designed to display the open, high, low, and closing (OHLC) prices of an asset for specific time periods (usually by the minute, hour, day, week, and month). 💪 As you can see, the number of slang terms related to Blockchain is humongous! However, just with a little patience and a curious heart, you will find what you need to know in the following articles of BSCStation about Crypto Slang Terms! ⭐️ BSCStation Official Media Channels: Website | Facebook | Telegram | Twitter | Channel | Substack