Glossary

Atomic Swap

A method of exchanging crypto or NFTs directly between two users in a single transaction. Either both sides complete successfully, or nothing happens. Signex uses this to ensure trades are fully trustless.

---

P2P (Peer-to-Peer)

Direct interaction between two users without intermediaries. Signex is a P2P platform, meaning trades occur directly between wallets.

---

OTC (Over-The-Counter)

Trading outside traditional exchanges, usually for larger or private deals. Signex supports OTC crypto and NFT trades safely.

---

ERC-20

A standard for fungible tokens on Ethereum and compatible chains. Used for cryptocurrencies and other digital assets.

---

ERC-721 / NFT

A standard for non-fungible tokens (NFTs), representing unique digital assets like art, collectibles, or in-game items.

---

Wallet

A software or hardware application that holds crypto assets. Users connect their wallets to Signex to trade.

---

EIP-712

A standard for signing typed data in Ethereum. Signex uses it so trades can be signed off-chain and executed trustlessly on-chain.

---

Trade Expiry

A timestamp set during trade creation. After this time, the trade becomes invalid and cannot be executed.

---

Counterparty

The other participant in a trade. Signex trades are 1-to-1, meaning every trade has a defined counterparty.

---

Non-Custodial

A property of Signex where the platform never holds or controls user funds. Assets remain in user wallets until the trade executes.

---

Fee / Treasury

Optional protocol fees applied during trade execution. These are configurable by the platform owner and displayed to users before executing a trade.