nexo_futures_flashcards_simple
(22 cards)
What does BTC stand for?
Bitcoin
Original digital money
What does ETH stand for?
Ethereum
Programmable blockchain currency
What does USDC stand for?
USD Coin
Stable digital dollar token
What does SL stand for?
Stop-Loss
Auto-exit to limit losses
What does TP stand for?
Take-Profit
Auto-exit to lock gains
What does CEST stand for?
Central European Summer Time
European daylight time
What does NFP stand for?
Nonfarm Payrolls
Monthly US jobs report
What does USD stand for?
U.S. Dollar
Official US currency
What does ETF stand for?
Exchange-Traded Fund
Fund traded like a stock
What does ECB stand for?
European Central Bank
European Union’s bank
What does FOMC stand for?
Federal Open Market Committee
US interest-rate decision group
What does CPI stand for?
Consumer Price Index
Measure of retail inflation
What does PPI stand for?
Producer Price Index
Measure of wholesale inflation
What does EIP stand for?
Ethereum Improvement Proposal
Upgrade suggestion for Ethereum
What does DeFi stand for?
Decentralized Finance
Finance without middlemen
What does TVL stand for?
Total Value Locked
Amount of crypto in DeFi
What does CFD stand for?
Contract For Difference
Derivative tracking price changes
What does API stand for?
Application Programming Interface
Software communication link
What does OCO stand for?
One-Cancels-the-Other
Pair of linked orders
What does CME stand for?
Chicago Mercantile Exchange
Major futures exchange
What does IM stand for?
Initial Margin
Required deposit to open trade
What does MM stand for?
Maintenance Margin
Minimum equity to hold trade