Litecoin
A cryptocurrency that originated as a fork from Bitcoin, recognized primarily for its reduced block time, enabling theoretically quicker transactions.
Laundry
A term for cryptocurrency whose origins have been deliberately concealed to hide traces of illicit activities.
Lambo
A shorthand for Lamborghinis used in cryptocurrency circles as a meme. It signifies that when the prices of investors’ coins skyrocket, they’ll be able to afford Lamborghinis.
Leverage
The use of borrowed funds to trade assets.
Long
The act of acquiring a coin with the anticipation of selling it at a higher price in the future to gain profit. Essentially, it’s a strategy to profit from an asset’s price increase.
Lightning Network
A network layer operating on top of the Bitcoin blockchain, enabling a vast volume of low-fee microtransactions.
Liquidity
A term representing the speed at which an asset can be converted into a usable form of currency.
LTV
LTV, or Loan-to-value, denotes the ratio between the loan amount and the value of an asset used as collateral. For instance, if you secure a $1,000 loan using $2,000 worth of Bitcoin, the LTV is 50%. This means the loan equates to 50% of the Bitcoin collateral’s value.
KYC
An acronym for Know Your Customer. It refers to information collected by cryptocurrency exchanges in adherence to Anti-Money Laundering (AML) regulations.
Keylogger
A type of software designed to document every keystroke made on an individual’s keyboard, often employed for unauthorized access into accounts by capturing passwords.