Fiat currency – Is a type of currency that is issued by a government and has value because the government maintains it and people have faith in its value. It is not backed by a physical commodity like gold or silver but rather by the government that issues it.
Cryptocurrency – Is a type of digital or virtual currency that uses cryptography for security. It operates independently of a central authority, such as a government or financial institution, relying instead on decentralized technology, typically a blockchain, to manage and verify transactions.
Cryptoprocessing – Accepting and managing cryptocurrency transactions on behalf of third parties.
Decimals – Refers to the number of digits that appear after the floating point in a token or coin's value.
Network fee – Also known as a mining fee, it is a fee paid by users to cryptocurrency miners for processing and confirming transactions on a blockchain network.