5 Crypto Slang Terms You Need to Know (Part 6)
There are times when I am scrolling through Reddit and I have no idea what people are saying. So I took a deep dive into some slang, and I thought I would pass it along so you can better navigate the crypto space.
Sats is slang for the shortest number of BTC you can buy (.00000001). This is an abbreviation for Satoshi the investor of Bitcoin.
Example: Can you please send me some sats to get started?
This slang term is used for someone who does not hold cryptocurrency.
Example: Don’t ask them for BTC they are a no coiner.Need more #CryptoSlang in your life? Look no further. We broke down five words you need to know here: Click To Tweet
Shill means someone is hyping up a coin without sharing what their gain is in the problem.
Example: My friend Brenden keeps shilling this new project but I’m not sure I want to invest.
Szn is an acronym for season meaning a bull or a bear one.
Example: Man, I can’t believe we are in a bear szn right now, everything’s down.
This slang term stands for “if you know you know.” Meaning, that you kind of have to be in it in order to understand what they are saying.
Example: Remember when Elon entered the Doge space? IYKYK.
These five pieces of slang will help you navigate the crypto space! You are one step closer to navigating the world of Crypto.
Did you know we have part one of this series? The more slang you know, the better you can navigate the space. You can check out the rest of our series here.
Rose is the lead editor for crypto current and she has a bachelor’s degree in business with a major in Marketing. Rose discovered her love for this field while traveling to 5 different countries across the globe for volunteer work. During her travels, she learned the importance of freedom and how cryptocurrency can offer a ton of opportunities for freedom. When she is not working you can catch her binge-watching tv, playing her Nintendo switch, or taking Korean lessons!
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