Glossary

Definitions to understand the terms around trading on CryptoBull

$CBULL

The native utility token of the CryptoBull exchange. Used for trading fee discounts, cashback, staking rewards, governance access, Launchpad allocations, and more.

2FA (Two-Factor Authentication)

An added layer of security requiring a second method of verification, such as a code from an authenticator app or SMS.

ACH (Automated Clearing House)

A US-based fiat deposit and withdrawal system used for bank-to-bank transfers.

AMM (Automated Market Maker)

A type of decentralized protocol that uses liquidity pools for trading — typically not part of CEXs, but worth noting in hybrid models or comparisons.

API (Application Programming Interface)

Used by algorithmic or institutional traders to connect bots or external tools directly to a CEX for automated trading.

APY (Annual Percentage Yield)

The annualized return earned on staking or yield-bearing assets, including compounding interest.

Ask Price

The lowest price a seller is willing to accept for a crypto asset on the order book.

Base Currency / Quote Currency

In a trading pair (e.g., BTC/USDT), the base is the first asset, and the quote is the asset it’s priced against.

Buy-Back & Burn

A deflationary model where the exchange uses profits to buy back tokens (like $CBULL) and permanently remove them from circulation.

CBULL1000x

CryptoBull’s ultra-leverage trading product, offering up to 1000x leverage with performance-based fees.

CEX (Centralized Exchange)

A custodial crypto platform where users can trade assets, deposit fiat, and access advanced tools under a managed backend.

Cliff

A fixed period at the start of a vesting schedule where no tokens are released. Once the cliff ends, vesting begins.

Cold Wallet

Offline storage for crypto assets, disconnected from the internet to protect against hacks.

Cross-Margin

A risk management model that uses your total account balance across all positions as collateral.

Derivatives

Financial contracts whose value is derived from the performance of a crypto asset — includes futures and options.

Fiat

Government-issued currency (e.g., USD, EUR, GBP) used to fund crypto accounts or withdraw funds.

Fill or Kill (FOK)

An advanced order type that must be filled in full immediately or canceled.

Fraud Prevention Period

A set holding period for withdrawals (e.g., 6 hours) to prevent unauthorized or automated fraud.

Futures

A derivative contract where traders speculate on the future price of an asset, often with leverage.

Gas Fees

Fees paid on blockchain transactions — relevant for crypto withdrawals from the CEX.

Governance

Holders of a platform’s utility token may vote on protocol updates, listing decisions, or allocation of resources.

KYC (Know Your Customer)

The user identity verification process required to comply with AML regulations.

Launchpad

A platform product offering early access to token sales or IEOs, often gated by staking or holding the native token.

Leverage

Borrowing capital to increase trading exposure (e.g., 10x, 100x, 1000x). Magnifies both gains and losses.

Limit Order

An order to buy or sell an asset at a specific price or better.

Liquidity

A measure of how easily assets can be bought or sold without affecting the market price.

Maker / Taker

Roles in trading:

• Maker: Adds liquidity (limit orders)

• Taker: Consumes liquidity (market orders)

Market Order

An order that executes immediately at the best available price.

Margin Trading

Trading using borrowed funds, where the user provides collateral to open leveraged positions.

Matching Engine

The backend system of a CEX that pairs buy and sell orders at lightning speed.

NFT (Non-Fungible Token)

Unique digital assets traded on a blockchain — now supported in some CEXs like CryptoBull’s NFT Marketplace.

Order Book

A live list of buy and sell orders showing prices and volumes, used to match trades on the exchange.

OTC (Over-the-Counter)

Large-volume crypto trades executed off the public order book to reduce market impact.

PnL (Profit and Loss)

A trader’s realized or unrealized financial outcome on open and closed positions.

Slippage

The difference between the expected and actual price of a trade, often due to low liquidity or volatility.

Spot Trading

The direct purchase or sale of cryptocurrencies with immediate settlement and ownership.

Stablecoin

A cryptocurrency pegged to the value of a fiat currency, like USDT, USDC, or BUSD.

Staking

Locking up tokens to earn passive income, often while securing or participating in the ecosystem.

Sub-Accounts

Separate accounts under a main profile, used to isolate strategies, bots, or managed funds.

TIF (Time in Force)

A setting that determines how long an order remains active — includes GTC (Good Till Cancelled), IOC (Immediate or Cancel), and FOK (Fill or Kill).

Tokenomics

The supply, demand, allocation, and economic design of a token — including vesting, burns, rewards, and utility.

Trading Volume

The total amount of an asset traded within a given period — often used to measure liquidity and platform activity.

TVL (Total Value Locked)

Used more in DeFi, but relevant to hybrid exchanges. Refers to the total capital deposited into a protocol.

Vesting

The release schedule for token allocations, usually applied to team, advisors, or investors to prevent immediate sell-offs.

Wallet

A crypto storage address used to send, receive, and store digital assets. On CEXs, these are custodial.