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In many cases, this concerns passwords or security codes. An alphanumeric phrase can be used as a password for a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-wallet/">cryptocurrency wallet</strong></strong></a> or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-centralized-exchange-cex/">exchange.

/n

Alphanumeric phrases are generally seen as safe password options. Using a combination of letters and numbers ensures a higher level of security for an account. The more randomized the alphanumeric combination is, the lower the chances are of the account being breached.</p>\n<p>Often upon sign-up users are required to create a password that contains a certain minimum number of characters. The higher the number of characters in an alphanumeric password is, the more likely it is to be accepted as a strong password.</p>\n<p>An alphanumeric phrase is almost always a prerequisite for a cryptocurrency wallet account to ensure the account is put at the lowest possible risk of being compromised. Alphanumeric phrases may also be used as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-recovery-seed/">recovery phrases</strong></a>.</p>\n<p>The full Latin alphabet &ndash; from A to Z &ndash; and all numbers from 0 to 9 can be used in an alphanumeric phrase. In some cases, letters and characters from non-Latin alphabets can be accepted for alphanumeric phrases.</p>\n<p>Alphanumeric phrases can be created using <strong>password generators</strong>. Some examples of strong alphanumeric phrases are b8sjO87IoGpS, gM62eV6XA6ms, or 6pyl75kk0z9li6b. In order to reinforce alphanumeric phrases, passwords can sometimes also contain special characters, like %, $, or ^.</p>\n<p>Alphanumeric phrases can also be used in contexts outside of security measures. 1337, or leetspeak, is a way of typing that replaces some letters with numbers to create alphanumeric words that hold meaning.</p>","level":"easy","meta_title":"What does Alphanumeric mean? Definition & Meaning | Crypto Wiki","meta_description":"Alphanumeric meaning: Alphanumeric - phrases consisting of letters or numbers; often used for passwords.","meta_keywords":null,"language":"en","created_at":"2022-02-10T14:22:45.000000Z","updated_at":"2022-05-13T14:32:22.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-does-alphanumeric-mean"},"prevSection":{"id":29,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Anti-Money Laundering (AML)?","slug":"what-is-anti-money-laundering-aml","section":"A","keyword":"Anti-Money Laundering (AML)","status":"published","definition":"refers to the prevention of illegal money movement around the world by an order of regulations.","content":"<p>Money laundering is a very well-known phrase among crypto crimes. The most fitting example is when <strong>a billionaire from Australia, Andrew Forrest, pointed out that Facebook breached Australia&rsquo;s money-laundering laws</strong>. Money laundering is commonly used to describe the process of moving unlawfully obtained funds via complicated transactions.</p>\n<p>Moreover, since these transactions are considered to be legal, they would not be detected, allowing the original owner of the illegal money to use the cash for whatever he desires.</p>\n<p><strong>Anti-Money Laundering (AML) refers to the prevention of illegal money movement around the world by an order of regulations. </strong>When the deposit records or transactions seem to be bigger than usual, financial institutions must keep an eye on these particular customers. <em>Moreover, AML can even aim to prevent criminal activities such as trading contraband or drugs.</em></p>\n<p>Besides, financial institutions play a big part in anti-money laundering laws. Criminals would be strongly discouraged to commit these crimes if they could not effectively shift the income from their fraudulent activities.</p>","level":"easy","meta_title":"What is Anti-Money Laundering (AML)? Definition & Meaning | Crypto Wiki","meta_description":"Anti-Money Laundering (AML) meaning: Anti-Money Laundering (AML) - refers to the prevention of illegal money movement around the world by an order of regulations.","meta_keywords":null,"language":"en","created_at":"2022-02-10T14:19:11.000000Z","updated_at":"2022-05-13T14:32:22.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-anti-money-laundering-aml"},"currentChapter":"A","currentSection":"what-is-allocation","chapterTitle":"A","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-allocation","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">

Crypto Terms: Letter A

What is Allocation?

Allocation MEANING:
Allocation - the act of distributing equity or crypto assets that can be earned, bought, or reserved to a certain entity.
Easy
1 minute

Let's find out Allocation meaning, definition in crypto, what is Allocation, and all other detailed facts.

Allocation is the process of proportionally allotting parts of cryptocurrency portfolio assets. The process can take place on a personal level, affecting an individual crypto portfolio when parts of it are distributed towards varying cryptocurrencies, or on a business level.

As part of the blockchain business model, crypto projects typically determine allocations of the token and the budget for aspects like marketing, software development, and operational costs. This helps ensure the long-term profitability of the project. Blockchain projects often set up their own treasuries and foundations with allocated tokens.

Team members who have early access to the project often have tokens allocated to them. These may come with conditions, like not being able to trade the tokens for a set period of time. In some cases, teams can manage a token treasury, from which the tokens can be allocated as they see fit.

Investors may have the opportunity to receive allocated tokens in several investment rounds. This is often beneficial to early investors, as initial investments may be rewarded with a larger token allocation. In such a scenario, the early investors would be allotted the total amount of tokens that were offered during that particular round of investing.

Tokens can also be allotted as team rewards for dedicated work on specific cryptocurrencies or protocols. In this case, tokens are granted prior to the sale launch.

In some instances, allocations may take place over a scheduled period. In others, the full amount can be allotted at a set time. The latter scenario is known as the token generation event (TGE).