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FinchTrade
Digital asset liquidity provider of your choice

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Glossary

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Unconfirmed

In the context of cryptocurrency, "unconfirmed" typically refers to transactions that have been broadcast to the network but have not yet been included in a block and confirmed by the blockchain

Unit of Account

A unit of account is a standard numerical monetary unit of measurement that provides a consistent way to value goods, services, and other transactions.

Unregulated

"Unregulated" refers to a state or condition where there are no formal rules, laws, or controls governing a particular activity, industry, or behavior. In an unregulated environment, entities operate without oversight or restrictions, which can lead to both innovation and potential risks due to the lack of standardized practices and accountability.

Utility Token

A utility token is a type of digital asset that provides users with access to a product or service within a blockchain-based ecosystem.