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Glossary

What is DCA (Dollar-Cost Averaging)?

The short answer

Buying a fixed amount on a regular schedule, regardless of price, instead of trying to time the market.

See our DCA calculator to see what this strategy would have produced over a real historical period. It removes the need to guess the “right” moment to buy, at the cost of sometimes underperforming a lucky lump-sum purchase.

Related terms

Full glossary

Custodial Wallet

A wallet where a company (like an exchange) holds your keys for you.

Peg

The target value a stablecoin is designed to maintain, typically $1 for dollar-pegged coins.

Layer 1

A blockchain's base network — Bitcoin, Ethereum, and Solana are all layer 1 networks.

Hardware Wallet

A small physical device that stores private keys completely offline.

Hot Wallet

A wallet connected to the internet, like a phone app — convenient, but more exposed than a cold…

Airdrop

Free distribution of a new token to existing holders of another crypto or to early users of a…

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