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href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-option/">options trading and stocks. Participants of the subreddit typically engage in <strong>high-risk</strong> <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-day-trading/">day trading</strong></a> with the goal of quickly improving their financial status.</p>\n<p>It's worth noting that WSB community members tend to use words like <em>stonks</em> (rather than stocks) and <em>tendies</em> (refers to gains) as their typical slang.</p>\n<p>Recently, there has been an increase in the number of no-commission brokers and mobile trading platforms, both of which have aided in the development of this new online trading environment. Participants in the subreddit, as well as inexperienced retail traders and investors, usually do not follow many traditional standards, such as risk management approaches.</p>\n<p>Because of the community's concentration on extremely speculative <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-leverage/">leveraged options trading, this Reddit thread<strong> has a reputation for circulating and inspiring reckless trading tactics</strong>.</p>\n<p>Overall, WallStreetBets is famous due to the community's use of <strong>slang and memes</strong>, as well as its notoriety for <strong>risky trading practices</strong>. For example, the WallStreetBets community was a significant part of the <strong>GameStop</strong> selloff, which resulted in huge losses for multiple corporations and short sellers in early 2021.</p>\n<p>So, if you're searching for a piece of advice on trading, you should find another subreddit to follow. Or, even better, you should find a proper learning platform that teaches about various trading techniques. For starters, you could check out the <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/goon/binance-academy/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Binance Academy</strong></a> or this <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/learn/">Crypto 101 Handbook</strong></a>.</p>","level":"easy","meta_title":"What is WallStreetBets (WSB)? 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When <strong><a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin's value skyrocketed in 2017</strong>, excitement spread over what lay ahead for the crypto markets, and <strong>the word &ldquo;moon&rdquo; gained traction</strong>. <em>\"Bitcoin has gone to the moon,\"</em> was a <strong>frequent claim of crypto enthusiasts</strong>.</p>\n<p>Some cryptocurrency aficionados joke that the term <em>\"Bitcoin to the moon\"</em> <strong>refers to the day when the cryptocurrency's price will be high enough to pay for a roundtrip tourist ticket to and from the moon</strong>. The phrase <em>\"when moon\"</em> is also <strong>connected with inexperienced crypto investors who rush into the market in the hopes of making huge riches</strong>. For instance, a cryptocurrency buyer might say, <em>\"I got a bag of BTC for $26,000, when moon?\"</em>.</p>","level":"easy","meta_title":"What does When Moon mean? Definition & Meaning | Crypto Wiki","meta_description":"When Moon meaning: When Moon - an expression used to ask when the price of cryptocurrencies will skyrocket.","meta_keywords":null,"language":"en","created_at":"2022-04-04T07:38:14.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-does-when-moon-mean"},"currentChapter":"W","currentSection":"what-is-whitelist","chapterTitle":"W","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-whitelist","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter W

What is Whitelist?

Whitelist MEANING:
Whitelist - a list of individuals, organizations, computer programs, or even cryptocurrency addresses that are allowed and identified.
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Let's find out Whitelist meaning, definition in crypto, what is Whitelist, and all other detailed facts.

In the field of cryptocurrencies, the term "whitelist" can refer to a variety of things. In general, it is a list of approved and identified individuals, organizations, computer programs, and even cryptocurrency addresses.

Whitelists are most commonly used in the context of initial coin offerings (ICOs) or withdrawal addresses. After providing their personal details, investors that want to participate in ICOs are usually whitelisted. When it comes to withdrawal addresses, a whitelist refers to a list of cryptocurrency addresses that are deemed trustworthy. Only addresses on such lists are permitted to withdraw funds from exchange accounts.

However, whitelists also refer to lists in users' email accounts to which they can add a certain crypto company’s emails to prevent them from going to spam folders. In addition, whitelists can also be lists of internet service providers to which cryptocurrency companies pay to be added.
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