Binance Tutorials
Trading Terms: Orders, Spread, Liquidity and Slippage
A compact glossary for the words that affect how an order is executed and what it costs.
Start with the use case
A token label is only a starting point. Ask what the network or asset is designed to do, who uses it and which assumptions support that use.
Compare the structure
Look at supply, distribution, governance, liquidity, custody and technology risk. No single metric can summarise an asset.
Avoid borrowed conviction
A popular term or confident post is not independent research. Record what would change your view before taking exposure.