Kite

Decode finance jargon with Kite

Or try:

Terms starting with E

Showing 3 of 3

Explain it like a bankFlips every card at once

Eligibility

→

Whether a product is open to you, usually decided by where you legally reside rather than where you happen to be standing.

KYCStablecoin card

Eligibility

What you already know this as

Account opening criteria. Residency, age and a completed identity check.

In Kite: The Kite card is available to residents of Malaysia, the Philippines, Singapore, Thailand, Vietnam, Japan, South Korea, Taiwan and Australia, aged 18 and up, with KYC complete.

ENS

also called name service, .eth name
→

A readable name mapped to a wallet address, so you can send to alice.eth instead of forty-two characters of hexadecimal.

Wallet addressAddress poisoning

ENS

What you already know this as

A UPI ID or a PayPal email standing in for an account number. Also DNS, which is the same trick for websites.

Exchange

also called CEX, centralised exchange
→

A company that matches buyers and sellers and holds your funds while you trade. Convenient, and it means someone else is holding your money.

DEXCounterparty riskOrder bookSpread

Exchange

What you already know this as

A broker with a client money account. Your positions are real, the custody is theirs.

All 3 terms shown.