Reference · Glossary

Tap Trading glossary — every term, defined.

Every term you'll encounter in Tap Trading, defined plainly. Bookmark this page if you're new to the platform or want a quick reference for terms that come up in support tickets, community discussions, or strategy guides.

By Tap Trading Editorial Published May 22, 2026 Updated May 22, 2026 8 min read

Key takeaways

  • Most Tap Trading terminology is plain English — no jargon needed.
  • A few terms are specific to the platform: box, tap-in, range, duration, multiplier, Market Games™.
  • This glossary covers every term that appears in the rest of the documentation.

A — C

Bankroll

The total amount of money you've set aside to play with. Distinct from the per-round stake. Good bankroll discipline is the single biggest factor separating consistent players from impulsive ones.

BTC/USDT

Bitcoin priced in Tether (USDT, a US-dollar-pegged stablecoin). The most liquid crypto pair and the recommended starting market for new Tap Trading players.

Box

The core unit of Tap Trading gameplay. A rectangle drawn on top of the live price chart with three properties: a price range (its vertical extent), a duration of 2/3/4 seconds (its horizontal extent), and a multiplier (the payout if it wins).

Cool-off period

A voluntary account lockout that prevents play for a set duration (24 hours, 7 days, 30 days). Honored without question and cannot be reversed before the chosen end. See responsible-play controls.

Consensus price

The price used by Tap Trading for the live chart and tap-in settlement, computed from a consensus of major cryptocurrency exchanges. Resistant to single-exchange lag or short-term wicks. Details on the price feeds page.

Crypto Race

The Tap Trading format where 3-4 cryptocurrencies compete head-to-head over a short window. Pick the one that performs best. See the full Crypto Race page.

D — H

Demo mode

Free play mode using fictional balance. Identical mechanics, live market data, and box behavior as real play — only the money isn't real. Recommended for new players before depositing.

Duration

The horizontal extent of a box on the live chart — 2, 3, or 4 seconds depending on the box. The price must stay inside the box's range for this full duration for a tap-in to win.

ETH/USDT

Ethereum priced in Tether. Second-most-popular Tap Trading market after BTC/USDT.

Exchange feed

The live price data stream from a cryptocurrency exchange. Tap Trading uses feeds from multiple major exchanges to compute the consensus price.

I — P

Implied probability

The likelihood of a box winning, as reflected by its multiplier. A 2× box has roughly 50% implied probability; a 10× box about 10%; a 20× box about 5%. Reading multipliers as implied probabilities is the core of box selection skill.

Liquidity

The volume and depth of trading on a market. Higher liquidity means more reliable prices and lower susceptibility to manipulation. Tap Trading only offers markets with sufficient liquidity.

Market

A tradable cryptocurrency pair (BTC/USDT, ETH/USDT, etc.) that can be selected for play.

Market Games™

The brand name for Tap Trading's family of live-market gameplay formats — Tap Markets, Turbo Markets, Crypto Race, 1000x Crypto. See the full Market Games™ page.

Multiplier

The payout factor displayed on every box, applied to the stake if the box wins. The multiplier reflects the implied probability of winning the box — distance from current price and duration both increase the multiplier.

One-tap trading

The UX pattern where a single tap commits a trading or prediction action. Used by Tap Trading and by some traditional broker apps. See the one-tap trading guide.

R — Z

Range

The vertical extent of a box — its high bound and low bound. The price must enter and stay between these bounds for the full box duration for the tap-in to win.

Self-exclusion

A voluntary, permanent account closure for a chosen duration. Honored without question and cannot be reversed before the chosen end. The strongest form of responsible-play control.

Session

A continuous period of play. Sessions can include any number of tap-ins. Good practice is to set a session budget and time limit before starting.

Settlement

The automatic resolution of a tap-in when its duration ends (or earlier if the price wicks out of the range). Determines win or loss based on whether the price stayed inside the box.

SOL/USDT

Solana priced in Tether. Higher-volatility Tap Trading market.

Spread

The difference between bid and ask prices on a market. Traditional trading has spreads built into entries; Tap Trading does not — there's no spread on a tap-in.

Stake

The amount you commit to a single tap-in. The maximum you can lose on that box.

Tap-in

The act of tapping a box to commit a round. Triggers the box's duration timer and locks the multiplier and stake for that bet.

Tap Markets

The canonical Tap Trading format: a live chart with floating boxes drawn on top. The foundation of the Market Games™ family. See the full Tap Markets page.

Tap Trading™

The platform brand and category name for the live-chart box prediction game. The platform you're reading documentation for right now.

Telegram Mini App

The native Telegram version of Tap Trading. Runs inside the Telegram client, uses Telegram identity, includes group-leaderboard features. See the Telegram Mini App page.

Tick

A single price update from an exchange feed. Tap Trading uses sub-second tick data to compute consensus prices.

Timer

The countdown that determines a box's duration. Server-authoritative — cannot be manipulated from the client. 2/3/4 seconds in standard Tap Markets.

Turbo Markets

The Tap Trading format with ultra-short box durations (often under 2 seconds). See the full Turbo Markets page.

USDT

Tether — a US-dollar-pegged cryptocurrency stablecoin used as the quote currency for most Tap Trading markets.

Wick out

When the live price exits a box's range before the box's duration expires. Causes the tap-in to lose immediately, regardless of how much duration remained.

XRP/USDT

XRP priced in Tether. Tap Trading market with idiosyncratic volatility profile.

1000x Crypto

The Tap Trading format with extended-duration boxes and extreme multiplier ceilings. See the full 1000x Crypto page.

Frequently asked questions

Where can I find definitions of Tap Trading terms?

This glossary covers every term used across the Tap Trading platform and documentation. If a term is missing, contact support and we'll add it.

What's the difference between Tap Trading and Tap Markets?

Tap Trading is the platform and brand. Tap Markets is the specific live-chart box format within the platform. Tap Markets is the canonical format; other formats (Turbo Markets, Crypto Race, 1000x Crypto) are variations.

What is a 'box' in Tap Trading?

A rectangle drawn on top of the live price chart with three properties: a price range (high and low bounds), a duration of 2/3/4 seconds, and a multiplier. You tap a box to commit a round on that specific range + duration combination.

TT
Tap Trading Editorial Written by the Tap Trading research team. We cover crypto market mechanics, prediction-game design, and mobile trading UX. About us.

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