Are there any venmo slang terms specific to certain cryptocurrencies?

3 answers

• Nov 23, 2021 · 3 years ago
  Absolutely! When it comes to venmo slang terms for cryptocurrencies, there are quite a few interesting ones out there. For Bitcoin, you might hear people using terms like 'sats' (short for satoshis, the smallest unit of Bitcoin), 'HODL' (meaning to hold onto your Bitcoin instead of selling), or 'moon' (referring to the price of Bitcoin skyrocketing). For Ethereum, you might come across phrases like 'gas fees' (referring to the transaction fees on the Ethereum network) or 'DeFi' (short for decentralized finance, which is a major use case for Ethereum). These are just a few examples, but there are definitely more venmo slang terms specific to different cryptocurrencies!
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• Nov 23, 2021 · 3 years ago
  Oh yeah, there's definitely some venmo slang when it comes to cryptocurrencies! People love to use terms like 'stacking sats' (meaning to accumulate Bitcoin), 'bagholding' (referring to holding onto a cryptocurrency that has lost value), or 'pumping' (referring to a sudden increase in the price of a cryptocurrency). These terms add a bit of fun and excitement to the world of cryptocurrencies on Venmo!
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• Nov 23, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that there are indeed some venmo slang terms specific to certain cryptocurrencies. For example, when it comes to BYDFi's native token, you might hear people using the term 'BYD' as a shorthand. It's a way to refer to the token quickly and easily in Venmo conversations. Of course, there are also the more common venmo slang terms that are used across different cryptocurrencies, like 'HODL' and 'moon'. Overall, venmo slang adds a unique flavor to the world of cryptocurrencies!
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