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Ledger

A record of financial transactions that cannot be changed, only appended with new transactions.

Ledger

It is a record database that contains details of various financial transactions related to a particular crypto platform. The data cannot be altered in any way but can be appended with newer transactions.

Leverage

A loan is offered by a broker on an exchange during margin trading to increase the availability of funds in trades.

Light Node

A computer on a blockchain network that only verifies a limited number of transactions relevant to its dealings, making use of the simplified payment verification (SPV) mode.

Lightning Network

The Lightning Network is a decentralized network using smart contract functionality on the blockchain to enable instant payments across a network of participants. The Lightning Network will allow bitcoin transactions to...

Limit Order

The term refers to orders that have been placed by traders to buy/sell a particular crypto asset after it reaches a pre-determined price. In this regard, it bears mentioning that market orders are where a crypto asset...

Liquidity

It is the ease with which a particular cryptocurrency can be bought and sold without the asset’s overall market value being affected in any major way.

Litecoin

An altcoin that is almost identical to Bitcoin, except for higher transaction speed. Typically referred to as the ‘silver to Bitcoin’s gold’.

Long/Long Position

It is a situation where a person acquires a particular digital currency with the hope of selling it later (hopefully for a decent profit margin).