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Glossary

Crypto infrastructure, in plain English

The terms behind exchanges, payments and cards — what they mean, why they matter, and what to look for when you evaluate a platform.

Crypto liquidity provider

A firm or service that supplies buy and sell orders to an exchange so traders always get filled at tight prices, even when the exchange is new or small.

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Crypto payment gateway

A service that lets merchants accept cryptocurrency payments and optionally settle in fiat, handling addresses, confirmation tracking and conversion.

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Crypto settlement

The step where a crypto payment becomes money the merchant can actually use — confirmed on-chain, converted if desired, and delivered as crypto, stablecoins or fiat.

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Custodial wallet

A crypto wallet where a service holds the private keys on the user's behalf — the model behind exchange balances, payment platforms and most consumer crypto apps.

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Fiat off-ramp

A service that converts cryptocurrency back into traditional money and delivers it to a bank account or card — the exit side of crypto that businesses and users both depend on.

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Fiat on-ramp

Any service that lets users convert traditional money — card payments, bank transfers — into cryptocurrency. The entry point of every retail crypto product.

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KYC (Know Your Customer)

The identity-verification process crypto businesses run before serving a customer — document checks, sanctions screening and risk scoring required by AML regulation.

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White-label crypto exchange

A ready-made cryptocurrency exchange platform that a business rebrands and operates as its own, without building the technology from scratch.

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