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.
Satoshi
The smallest unit of Bitcoin, equal to 0.00000001 BTC (one hundred-millionth), named after its anonymous creator, Satoshi Nakamoto.
Seed phrase
A list of 12 or 24 words that backs up your entire wallet: with it, you can regenerate all your private keys and recover your funds on any device.
Slippage
The difference between the price you expected when placing an order and the actual price at which it executed, which grows when liquidity is scarce, volatility is high, or the order is too large for the market.
Stablecoin
A cryptocurrency designed to maintain a stable value, usually pegged to a fiat currency like the US dollar, to a commodity, or through algorithms.
Stop loss
An order that automatically sells an asset once its price falls to the level you set.
Support and resistance
Support is a price zone where declines tend to stall because demand shows up, and resistance is a zone where rallies stop because supply dominates.
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.