The crypto glossary that gets your money
Clear definitions, with no jargon, written by the Bitso team. From Bitcoin to DeFi, a space for Latin America to understand its money.
DAO
A DAO (decentralized autonomous organization) is a community governed by rules written into smart contracts and token-based voting, with no board or central management.
dApp
A dApp (decentralized application) is a program whose logic runs on smart contracts on a blockchain, instead of on a company's servers.
DeFi
DeFi (decentralized finance) is the ecosystem of financial protocols that run on public blockchains through smart contracts: lending, borrowing, trading, and generating yield without banks or intermediaries, with code as the only employee.
DEX
A DEX (decentralized exchange) is a crypto trading platform that runs on smart contracts on a blockchain, with no intermediary company.
How we built this glossary
This glossary is written and reviewed by the Bitso editorial team — the most used crypto platform in Latin America, with more than 9 million people trading in Mexico, Argentina, Colombia and Brazil. Every definition goes through product, compliance and financial-education specialists before being published.
Our goal is simple: that you truly understand what each concept means before moving your money. That's why we avoid unnecessary technical language and explain everything with examples designed for the region. If a term changes or a new one appears, we review it and keep it up to date.
Want to go deeper? Visit the Bitso blog, discover the available products or read our guides to get started in crypto.