nexo_futures_flashcards_simple

(22 cards)

1
Q

What does BTC stand for?

A

Bitcoin

Original digital money

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2
Q

What does ETH stand for?

A

Ethereum

Programmable blockchain currency

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3
Q

What does USDC stand for?

A

USD Coin

Stable digital dollar token

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4
Q

What does SL stand for?

A

Stop-Loss

Auto-exit to limit losses

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5
Q

What does TP stand for?

A

Take-Profit

Auto-exit to lock gains

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6
Q

What does CEST stand for?

A

Central European Summer Time

European daylight time

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7
Q

What does NFP stand for?

A

Nonfarm Payrolls

Monthly US jobs report

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8
Q

What does USD stand for?

A

U.S. Dollar

Official US currency

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9
Q

What does ETF stand for?

A

Exchange-Traded Fund

Fund traded like a stock

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10
Q

What does ECB stand for?

A

European Central Bank

European Union’s bank

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11
Q

What does FOMC stand for?

A

Federal Open Market Committee

US interest-rate decision group

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12
Q

What does CPI stand for?

A

Consumer Price Index

Measure of retail inflation

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13
Q

What does PPI stand for?

A

Producer Price Index

Measure of wholesale inflation

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14
Q

What does EIP stand for?

A

Ethereum Improvement Proposal

Upgrade suggestion for Ethereum

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15
Q

What does DeFi stand for?

A

Decentralized Finance

Finance without middlemen

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16
Q

What does TVL stand for?

A

Total Value Locked

Amount of crypto in DeFi

17
Q

What does CFD stand for?

A

Contract For Difference

Derivative tracking price changes

18
Q

What does API stand for?

A

Application Programming Interface

Software communication link

19
Q

What does OCO stand for?

A

One-Cancels-the-Other

Pair of linked orders

20
Q

What does CME stand for?

A

Chicago Mercantile Exchange

Major futures exchange

21
Q

What does IM stand for?

A

Initial Margin

Required deposit to open trade

22
Q

What does MM stand for?

A

Maintenance Margin

Minimum equity to hold trade