Glossary

Name	Description
BTC	The currency code for Bitcoin.
Bullish	A market condition in which the prices are rising.
Bearish	Its opposite is a bearish market, in which the sentiment towards prices is negative.
Derivative	Derivatives are contracts whose values are based on underlying assets, and are determined by the rise and fall of that underlying asset.
Expiration Time	The time at which a contract lapses.
Leverage	The use of borrowed capital for an investment in order to significantly increase the profits that can be made from it. For example, with a leverage ratio of 1:30, a trader can trade a notional amount 30 times greater than his/her available capital (i.e. $30 for each $1).
Margin	In financial markets, margin refers to the required collateral a trader must deposit to hold a trading position in a financial instrument.
Open price	Еhe price at which the contract was opened.
Close price	The price at which the contract was closed.
Volatility	A tendency in a market or financial instrument to fluctuate sharply on a regular basis.