Guides

Cryptocurrencies are thriving in the financial sector, proving to be lucrative and viable investment plans in today's markets. Real estate has been there for a while, and many investors have grown fond of its market. However, real estate garners fewer returns compared to cryptocurrencies. That's why a big company like Tesla, in February 2021, purchased $1.5 billion in Bitcoin.  What is Cryptocurrency? Cryptocurrencies are alternatives to fiat money in digital assets that people use to buy goods, services, and investments. It…

Bitcoin was introduced in 2009 and has proven to be a highly lucrative investment asset over the 14 years. Over the years, Bitcoin has gained value from merely less than a dollar to over $69,000 in November 2021. As a result, any investor who has held Bitcoin since 2009 can say they have made extreme profits.  When considering the 2021 bitcoin market bull run, it can clearly say that Bitcoin is a reliable and excellent investment asset. After the launch…

Ethereum was launched on 30th July 2015 to provide a network like bitcoin while focusing on decentralized solutions. It's currently the second-largest cryptocurrency by market cap and also a highly volatile asset. Recently, Ethereum rose in value to over $4k, although it later dropped by half. Generally, Etherum is one of the most lucrative crypto investment opportunities of our day. However, after it launched, the Ethereum network began noticing many issues, including slow-speed transactions. So, after several years of inefficiency…

Considering most investors in the traditional finance market, a large number of them have never placed a trade directly with an exchange. This is based on the fact that most investors manage their assets through brokers and fund managers.  Moreover, with the current crypto space, most investors trade their funds directly on exchange platforms. Currently, the most popular exchanges include Binance, Bittrex, and Coinbase Pro. From these platforms, you, as a crypto investor, can understand how these exchanges work to…

2021 has been the year of the crypto world. The year began with an excellent market bull run that positively impacted the entire crypto world. The NFT craze in 2021  has also been another popular season, with many investors earning millions from NFT related assets. Defi has also been a source of profits for investors globally.  Apart from the market bull run and Defi and NFT growth, many cryptocurrencies launched in 2021. However, very few of those that launched have…

There is nothing as frightening to any investor as a financial scam, especially one that wipes out one's entire investments in a project. Such occurrences aren't just an enclave of cryptos either. The 2008 stock market crash caused by the too-big-to-fall Lehman Brothers caused a devastating global wipe-out of people's savings. The rug pull scam is frightening, though it's not quite to the scale of the massive mainstream financial crisis that sends entire economies reeling back several years. So what…

The role of blockchain technology in the financial world has been apparent for the past decade. Generally, crypto and blockchain have brought about revolutions in many different economic and noneconomic industries globally. Generally, each blockchain has unique features and problems to tackle in the industry. For example, Ethereum was introduced for smart contracts, IoTA was introduced primarily for the internet of things, and Vechain came with traceability solutions.  This guide will look into Vechain's traceability solutions, how they affect the…

The Internet of Things (IoT) has radically altered how we interact with each other and machines. Today objects utilizing smart sensor technology can communicate in real time over networks and systems. As a result, there’s a budding Machine to Machine (M2M) industry. However, it’s hampered by gaps in the supporting technology.  The IOTA Foundation found an opportunity to bridge these gaps through its Tangle network and marketplace. Tangle is the next-gen distributed ledger technology (DLT) network that facilitates easy communication…

When it comes to cryptocurrency trading and investing, determining the crypto with the highest transaction speed is crucial to saving time and obtaining significant results. This is because transaction speed determines how quickly a transaction is confirmed and measured in minutes. Therefore, a higher transaction is essential for how quickly you can spend your cryptocurrency. For example, the faster you can spend your funds from your digital wallet address after the confirmation, the higher chances of getting trade-offs and better…