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REKT

Beginner

REKT is a cryptocurrency slang for “wrecked”, used when someone experiences a major financial loss, usually due to bad trades, scams, or sudden market crashes. Common on forums and social media, the term reflects the emotional rollercoaster of crypto investing and is used to express frustration or warn others. For example: “I bought the top and got REKT when the coin dumped 90% overnight”. 

Related Words

Rollup

Intermediate

A rollup is a Layer 2 scaling solution that batches multiple blockchain transactions into one, reducing fees and increasing throughput while anchoring data on-chain.

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Trading in Virtual Assets involves significant risk, including the potential loss of your entire capital. None of our communications are intended to provide investment, legal, or financial advice, nor to induce you to trade in such instruments. You should assess your risk tolerance and seek independent expert financial advice before trading. You must ensure that your use of BitDelta’s services complies with all applicable laws and regulations, as further detailed in our Terms and Conditions. Please carefully review our Terms and Conditions, Risk Disclosure Statements, and Security and Privacy Policies to understand the risks involved and the limitations on our liability before using our services.​
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