TF2 exchange · USDTUseful

TF2 trading glossary

Terms you meet when trading Team Fortress 2 items and using an exchange, in a sentence or two each.

TF2 key (Mann Co. Supply Crate Key)
A Team Fortress 2 item that opens Mann Co. crates. It costs $2.49 in the store and is the main trading currency of TF2.
Tour of Duty Ticket
A pass to Mann Up mode in Mann vs. Machine. Used up only after a mission is completed.
Ref (refined metal)
The small change of TF2 trading: metal used for crafting. 1 ref = 3 reclaimed = 9 scrap; cheap items are priced in ref, expensive ones in keys.
Mann Co. crate
A locked box with items. A key opens it, and both the key and the crate are used up.
Backpack
The TF2 inventory. Free accounts have 50 slots, Premium ones 300; a trade into a full backpack fails.
Premium account
A TF2 account after any Mann Co. Store purchase: more backpack slots and fewer trading limits.
Trade offer
A Steam trade that one side sends and the other accepts. Site bots work through trade offers.
Trade URL
A link that lets anyone send you a trade offer without being friends. Where to find it.
Trade hold
Steam holds a trade for up to 15 days if the mobile authenticator has been on for less than 7 days. How to remove it.
Trade restriction
An item from the Mann Co. Store or the Steam Community Market cannot be traded for 7 days after purchase.
Steam Guard
Steam account protection. The mobile authenticator confirms sign-ins and trades and is needed for trades without a hold.
Steam Community Market
The item market inside Steam, paid with Steam wallet funds. The seller of a TF2 item receives about 15% less than the buyer pays.
Bot
A site's Steam account that sends and accepts trade offers automatically.
Order book
The list of all open buy and sell orders by price. It shows how many items you can buy or sell right away.
Bid and ask
The bid is the best buyer price (what you get selling now); the ask is the best seller price (what you pay buying now).
Spread
The gap between the best sell and buy prices. The smaller it is, the cheaper it is to buy and sell back.
Market order
Buying or selling instantly at the best orders in the book. Here it is the Exchange page.
Limit order
An order at your own price that waits in the book until someone matches it. Here it is the Trading page.
USDT
A stablecoin pegged to the US dollar (1 USDT ≈ $1). All prices and payments on the exchange are in USDT.
Network
The blockchain a USDT transfer travels on. Send only on the network chosen for the deposit.
Tag (memo)
An extra transfer field on some networks. If the site shows one, a payment without it is not credited automatically.
Scam
Trading fraud: fake sites, swapped trade offers, requests to send items first. How to stay safe.