Guides

Trading cryptocurrency can be difficult because of the high volatility of its market, as the prices tend to change drastically with little notice. That's why every trader or investor is recommended to have a great platform to keep track of their crypto portfolio.  A crypto portfolio tracker is a tool that helps cryptocurrency investors to manage their investments and monitor price changes all day long. Crypto portfolio trackers show changes in the portfolio and allow you to manage your money…

Exchanges are where all the crypto magic happens. A crypto exchange is the first place you visit if you want to acquire a particular digital asset, whether you have fiat money or other crypto coins.  In layman's, a crypto exchange can be best described as a marketplace where, unlike the common ones, instead of exchanging money for commodities, folks switch their equivalent fiat money for digital assets and vice versa. On the contrary, both parties (buyers and sellers) can exchange…

As you probably know, Dapps, or decentralized applications, are a part of the Smart Contracts ecosystem. Dapps aren't much deviant from general applications on the Internet today, differing only in their ability to act autonomously. In late 2017, the Tron Project was built as a protocol for creating and executing real-world smart contracts, rivaling the spearhead of the time - Ethereum. It is commendable to note that to compete with the biggest platform for smart Contracts - Ethereum, Tron initially…

The significant growth drivers in the crypto market are the immutability and transparency of distributed-ledger technology, growing adoption in developing countries, increased venture capital investments, and fluctuating monetary regulations.  Before you venture into crypto investing, you must understand some hooks in the industry to protect yourself from losses and frustrations. The following article will guide you on good and lousy cryptocurrency investment options by distinguishing real coins and shitcoins. Real Coins Real coins refer to any coin whose motives behind their…

Blockchain and cryptocurrencies became famous in 2008 with Satoshi's whitepaper on Bitcoin. Since then, there have been numerous debates over the two terms. One of the most sought-after answers is which of the two is better. Is it blockchain or cryptocurrencies? Notably, the blockchain is more instrumental in any industry than cryptocurrencies. That's primarily based on the fact that the blockchain is the underlying technology behind cryptocurrencies. However, despite being engineered on the blockchain, cryptocurrency's dominance in the fintech industry…

How is trading cryptocurrencies different from other assets like fiat currency, stocks, or bonds? There are quite a few distinctions, but the main difference is that cryptocurrencies have their trading exchanges, either centralized or decentralized. In recent years, cryptocurrencies have grown in popularity and adoption. They offer cheap, borderless ways of sending and receiving money and new investment opportunities. Additionally, many people migrate to cryptocurrencies as stores of value to protect their wealth from individual and collective government inflation. This…

Social trading in crypto and forex markets offers an excellent avenue for learning and earning returns for newer traders and even those with more experience but less confidence.  This system lets users access the same functions - charts, indicators, and buy/sell tools - but adds a human layer, allowing users to share their knowledge and strategies with others while informing their own decisions. As such, crypto social trading makes an excellent way to earn an investment income by copying the…

May 11, 2020, was a big event for Bitcoin miners. The third halving transitioned, cutting the supply of bitcoin in half, from 12.5 to 6.25 BTC every ten minutes for every mined block. But what exactly is mining? It is a universal term associated with the Bitcoin network and many other cryptocurrencies. Yet many explanations go only as far as indicating the importance of processing transactions, securing the network, and making transactions near-instant. This guide lets you understand what happens…

Predicting the price of cryptocurrencies is challenging, thanks to their volatile nature. For example, consider bitcoin's volatility, which has seen the coin fluctuate between $69000 - $16000 over the last two years. The uncertainty and volatility are perhaps significant reasons investors shy away from digital assets. Given the growing increase in digital assets investments, finding a solution is vital for Exchange-Traded Funds (EFTto s) to come in at this point and could be instrumental in crypto investing.  So, could ETFs…