Guides

Blockchain oracles continue to drive innovation in new and exciting ways. Oracles are third-party data monitoring protocols or hardware that provide blockchain networks access to external information. Oracles allow blockchains to be more responsive and agile to the conditions of their environment. As such, oracles are now one of the most exciting areas of blockchain development.  Before the invention of Oracles, the blockchain and the real world were disconnected. As a result, smart contracts were unable to monitor real-world data reliably.…

Crypto-day trading is also known as intraday trading and involves purchasing and selling cryptocurrencies within a day. A day trader's goal is to earn a good profit amidst the value fluctuations of cryptocurrencies. Cryptocurrency day trading is slightly different from conventional day trading because it has specified overlapping trading hours each day. On the other hand, intraday trading has no set time intervals within a day. As a result, it is easy to own cryptocurrencies in crypto day trading, while in-stock…

In June 2018, a post by Forbes magazine focused on a crypto enthusiast's tweet discussing the deep manipulation in the crypto market. The Twitter account user cited many practices of crypto exchanges that are illegal in traditional exchanges. Some of these practices include wash trades, spoofing, and front running. Market manipulation involves a collection of different practices to influence the market for personal gain. Therefore, it is vital for you, as a crypto enthusiast, to better understand market manipulation and…

The volatile nature of cryptocurrency makes it a great investment opportunity. When correctly harnessed, cryptocurrency investments can be very profitable. However, there is a wide variety of cryptocurrencies in the market, and some are more volatile than others. The more volatile it is, the higher the investment risk. The risks and uncertainty brought about by this volatility constitute a significant setback as it makes some people hesitant to embrace cryptocurrencies. Moreover, this constant shift in price and value also makes…

Bithumb Global is one of the leading cryptocurrency exchanges globally, a global exchange registered in Hong Kong in May 2019. In the last year of its existence, the exchange has grown immensely by providing a range of services to its users. These services include a user substation, a wallet, front-end support, and safety control. The global exchange has ramped things up and added a new user service. BG Learning will make it easier for users on the exchange to learn…

Blockchain is a distributed, decentralized public ledger, which is a continuously growing list of records stored in the form of blocks. These blocks in a blockchain are connected through cryptography, which keeps the transactions' confidentiality intact. A blockchain is a time-stamped series of immutable (tamper-proof) records of data, which is not managed by a central authority but by a computer cluster. Every data shared on a blockchain is visible to all participants, and everyone is accountable for their actions. A…

Cryptocurrency is great, right? You buy, store, spear through the volatility, and eventually hope to accumulate profit several times greater than your initial investment. That is the plan of a large majority of cryptocurrency HODLers. But wait, is that what crypto is all about? Buy, HODL, and Sell? Wasn't cryptocurrency a global, decentralized innovation made a reality by blockchain technology? Shouldn't it be used globally by now, given its ever-increasing market interest? With the advent of Cryptocurrency Credit/Debit Cards, the…

Dogecoin was a joke created by Jackson Palmer and Billy Marcus in 2013. It was meant to mock altcoin by turning the internet doge meme into a cryptocurrency. Dogecoin's value was significantly low, but Elon Musk, Tesla's founder, tweeted about the cryptocurrency and the tweet went viral. It led to Dogecoin's value going up by 18.5% in less than an hour from $0.003052 to $0.003433. He has also replied to a sarcastic tweet, saying that he only sells Doge.  He has…

In March 2010, the now-defunct bitcoinmarket.com started as the first and only crypto exchange. However, the growth of cryptocurrencies and the upsurge in tradable coins caused a rise in the number of crypto exchanges globally.   Exchanges have the aptitude to provide high liquidity to any crypto assets and offer faster and cheaper transfers. Although exchanges have fostered growth in the past three years, their instability is still a serious matter that hinders their growth. It is, therefore, important that…