terms

F.O.M.O. : Fear Of Missing Out It makes reference to the fear that arises when lot of people buy one crypto currency that is gaining momentum and might drive you into buying something about to fall.

FTX is a recently created exchange with a custom token FTX which has shown very high appreciation. As with other exchanges, it allows to load credit based on different cryptocurrency deposits or traditional banking approaches.

Each time a transaction happens on a network, there are some fees that are paid to the nodes validating the transaction, this is usually called gas, and it’s the commission that is paid. Each network has its own type of gas, for example on Binance Smart Chain, the gas is paid with BNB, on xDAI is paid with DAI tokens and on Ethereum with ETH. As transactions require gas to cover the expenses, it’s always good to keep some amount of gas on the networks we operate to pay and be able to perform them....

Each time a transaction happens on a network, there are some fees that are paid to the nodes validating the transaction, this is usually called gas, and it’s the commission that is paid. Each network has its own type of gas, for example on Binance Smart Chain, the gas is paid with BNB, on xDAI is paid with DAI tokens and on Ethereum with ETH. As transactions require gas to cover the expenses, it’s always good to keep some amount of gas on the networks we operate to pay and be able to perform them....

Gate.io is an Exchange similar to others published.