Crypto Terms for Beginners (Glossary)

The crypto world is full of jargon. Here are the key terms explained simply, so you can read with confidence.

Core terms

Blockchain: a distributed digital ledger where transactions are recorded permanently.
Wallet: where you store your coins and their keys.
Seed phrase: the words that restore your wallet — completely secret.
Stablecoin: a coin pegged to a stable value like the dollar (e.g., USDT).
Network: such as TRC20 or ERC20 — it must match when transferring.
Gas fee: the cost to process a transaction on the network.
Address: your wallet's "account number" for receiving coins.
2FA: an extra layer of protection for your account.

The more terms you understand, the easier scams are to spot. Start slowly and don't deal with what you don't understand.

This is educational content, not financial advice. Verify current Saudi regulations.

Written by the Tether.sa team