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FinchTrade
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Glossary

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Vitalik Buterin

Vitalik Buterin is a Russian-Canadian programmer and writer best known as the co-founder of Ethereum, a decentralized platform that enables smart contracts and decentralized applications (DApps) to be built and run without any downtime, fraud, control, or interference from a third party. Born in 1994, Buterin was introduced to Bitcoin at a young age and quickly became involved in the cryptocurrency community. His vision for Ethereum has significantly influenced the blockchain industry, making him one of the most prominent figures in the world of digital currencies and decentralized technologies.

VWAP

VWAP, or Volume Weighted Average Price, is a trading benchmark used by traders and investors to give the average price a security has traded at throughout the day, based on both volume and price. It provides a more accurate reflection of a security's true average price by weighting the price by the volume of trades at each price level. VWAP is commonly used to assess the efficiency of trade executions and to inform trading strategies, helping traders to buy or sell at prices that are in line with the market's average.