W

Crypto, trading and market making terms from the Motion Trade glossary. Each definition explains the term in plain language and links to related guides.

Wallet

A software or hardware tool for storing and managing cryptocurrencies.

Wash Trading

A market manipulation practice where a trader buys and sells the same asset to create artificial activity.

Wearable NFT

NFTs representing digital clothing, accessories, or cosmetic items for avatars in virtual worlds and games.

Web3

The vision of a decentralized internet based on blockchain technology.

Whale

An individual or entity holding a large amount of cryptocurrency.

Whitelist

A pre-approved list of wallet addresses or users who gain early or exclusive access to token sales, NFT mints, or features.

Whitepaper

A detailed document explaining a crypto project’s technology and purpose.

Wrapped Token

A token pegged to another asset, allowing it to be used on different blockchain networks.