Plain-language definitions of the payment terms you meet when funding a trading account or withdrawing from one.
Money in and out
| Term | What it means |
|---|
| USDT | The stablecoin used for deposits and withdrawals on Binoria. |
| Stablecoin | A cryptocurrency designed to hold a steady value against a reference currency. |
| Deposit address | The address generated for your account. Send funds here to top up. See how to deposit. |
| Withdrawal | Moving funds out of your account to an address you control. See how to withdraw. |
How transfers work
| Term | What it means |
|---|
| Network | The blockchain a transfer travels on. Address and network must match. |
| Confirmation | The point at which the network finalises a transfer. |
| Transaction reference | The identifier for a specific transfer, useful when contacting support. |
| P2P | A marketplace where you buy crypto directly from another person, often with a local payment method. |
| On-ramp | A service that converts local currency into crypto. |
Account terms
| Term | What it means |
|---|
| Balance | Funds available in your account. |
| Verification | Confirming your identity. See verification explained. |
| AML checks | Anti-money-laundering checks. Every withdrawal is reviewed by our financial department as part of these. |
Putting it into practice
Definitions stick faster when you see them in use. Open a demo account — virtual funds, no deposit — and these terms stop being abstract within minutes.