# Exchange
Exchange Where coins are listed and customers can trade crypto currency with FIAT currency or other cryptocurrency. Example  - Binance, Bittrex, BITMEX, HitBtc, Okex, Coinbase etc. 
Customers need to register and verify their account in exchange. 
![Screen Shot 2018-08-28 at 1.02.36 PM.png](https://cdn.steemitimages.com/DQmNx5KPcE2SmZoVPDn2LTPiQMBDcuoUr6RpPfDmRQBrrq3/Screen%20Shot%202018-08-28%20at%201.02.36%20PM.png)
Binance exchange screen for trading

# Scalp Trading
Customers are buying and selling same quantity of the cryptocurrency within a time period of few seconds or few minutes to lock small amount of profits.

# Day Trading 
Customers are buying and selling same quantity of the cryptocurrency on the same day and taking profit or loss out of it. customers will not hold position overnight. Day trading is being done on the volatility of the price of crypto currency. 

# Swing Trading 
Customers are buying and selling crypto and hold position for few days. it is also type of short term trading. Trade can be hold for few days to book the profit.
 
# Investing
coins will be purchased to hold for months or few years and target will be to book huge profit. These type of trading are driven by fundamental analysis of the cryptocurrency.

# Technical analysis (TA)
Technical analysis is statistical analysis of past market data to forecast future price of the coin. basic data to consider for statistical analysis is past price and past volume. customers are using various tools to plot and analyse the data. There are online statistical tools available to do crypto TA like tradingview.com, Coinigy.com etc.

# Fundamental Analysis (FA)
FA is the analysis of management and development team, purpose of coin,  coin/token intrinsic value, mass adaptability etc.
Crypto FA is different from share stock FA.
  - In the case of stock share, we have available financial statement of the company to analyse FA.  
  - In the case of crypto,  coin/Token whitepaper is basic information to do FA. Further data can be collected from technical development of the coin and it's usage with time.

# Trading Pair 
The trading between one type of crypto to another type of crypto/FIAT. 
Example  - 
BTC/USD - Trading between BTC and US dollar (FIAT). BTC can be bought by US$ or BTC can be sold for US$.
BTC/USDT - Trading between BTC and Tether. Buy BTC from tether or sell BTC for Tether crypto.
Ada/BTC - Buy Ada with BTC or sell Ada for BTC.
![Screen Shot 2018-08-28 at 12.59.03 PM.png](https://cdn.steemitimages.com/DQmUNKP5DwMkrM1RTNaRLbYjNRoyYXqZMvt1fGVgs7h9hsS/Screen%20Shot%202018-08-28%20at%2012.59.03%20PM.png)
Trading pair in Binance exchange


# Order Book
![Screen Shot 2018-08-28 at 1.11.15 PM.png](https://cdn.steemitimages.com/DQmWrDubvHqoJdeUuQ21YmAPLyWTVseR99NgRYk7ojcEz6X/Screen%20Shot%202018-08-28%20at%201.11.15%20PM.png)
- Bid - All the orders, which are bidding price to buy coins and order is not filled, will be displayed in Bid section. 
customer who is interested to sell, he can sell to the bid if meeting his target price.
- Ask - All the orders, which are asking price to sell coins and order is not filled, will be displayed in Ask section. 
customer who is interested to buy, he can buy  from the ask if meeting his target price.
- Spread - The difference in the  minimum price of Ask and maximum price of Bid is called spread. 
In above order book, 
Minimum Ask price - 6941.34363186 USDT
Maximum Bid Price - 6920.00000001 USDT
So Spread = 6941.34363186-6920.00000001 = 21.34363185

Hope I have covered basic terminology of crypto trading. You can read my previous blog for other crypto terminology.

Suggestions are welcome.

Happy Learning...