Take a look at our list of the financial terms associated with trading and the markets.
A technical indicator in the form of a channel. The upper and lower bands of the channel can be obtained by adding or subtracting the average true fluctuations of a specific multiple from the selected moving average. When the price breaks through the upper rail, it often represents an upward abnormal fluctuation, and the future market is bullish; When the fall below the lower rail, it often means that there is abnormal fluctuations downwards, and the market is bearish.
Consists of a private key and a public key, which have a mathematical correspondence. The general public key is used to encrypt the data, and the private key is used to decrypt the data, which is called asymmetric encryption. Key pairs are used in relation to obtaining control of the cryptocurrency.
Refers to the difference between the price of cryptocurrency quoted on a Korean exchange exchange and the price after the conversion of overseas exchange rates. Due to the lack of high-return investment commodities in South Korea and the restriction of domestic mining of cryptocurrencies, cryptocurrencies are in short supply, constantly pushing up the price of the currency.
Kiwi is another name for the New Zealand dollar, mainly because the Kiwi is New Zealand's national bird and one of New Zealand's oldest animals. The NZD $1 coin bears the nickname Kiwi with an image of a kiwi printed on the back of the coin, with the international currency code NZD.
Know Your Customer
Part of the procedure of a financial enterprise refers to the necessary understanding and verification of the identity of the customer at the company level. This part of the process is regulated by law in many countries, particularly in AML/AF assistance. Only after the client has completed the regular KYC process can they deposit funds and start trading. The purpose of KYC is to confirm that the customer is indeed claiming to be who he or she is and there are no illegal acts such as money laundering, tax evasion, or assistance from terrorist organisations.
Refers to cryptocurrencies that are verified during the transaction process and added to a block.