Guides

Over the years, Ripple has grown prominently within the cryptocurrency space. In a nutshell, Ripple is a payment procedure that facilitates fast, frictionless cross-border payments with minimal fees. It operates on a series of servers, regularly communicating while maintaining a distributed ledger with updated balances and transactions. In addition, the cryptocurrency giant hosts a native asset, XRP, which was rebranded in late 2018 from the name Ripple. XRP acts as the chief medium for transferring value over the network. Ripple…

Crypto Swap services present an efficient and cumbersome-free way of swapping crypto based on different blockchain networks. Without these services, crypto traders would have to create an exchange, sign in and place an order whenever they want to switch cryptos. This would have been an incredibly inept process, let alone the time spent swapping crypto. In addition, traders would be required to create multiple accounts and go through the verification and security procedures before being granted the go-ahead to transact on…

The year 2008 was the year that the world saw one of the biggest financial disasters since the Great Depression. The Housing market crash slowly but exponentially resulted in a domino effect that took down some of the game's most significant financial giants. It resulted in the loss of trillions of dollars and economic turmoil for millions of families. All of that turmoil and financial loss could've been averted. Likewise, poverty and job loss could've been avoided if there had…

Cryptocurrency has grown from a few million market capitalization in 2013 to almost $830 billion in 2017, becoming one of the most promising investments in today's economy. However, with over 2 000 crypto coins available today, choosing an ideal coin to invest in can be pretty daunting, especially for beginners with no background in crypto trading. Bitcoin is still the leading crypto to invest in in 2020. Still, bitcoin trading's intense volatility means that traders should look at innovative ways…

There has been a recent surge in products and platforms providing DeFi services. Decentralized Finance, commonly referred to as DeFi, denotes any financial service offered on a blockchain, usually Ethereum smart contracts. An example of DeFi services and solutions is Over-the-Counter (OTC) cryptocurrency, which has witnessed enormous growth marked by a substantial increase in volume and clients across the globe in the past three years. Bloomberg's recent report established that OTC turnover in 2018 amounted to more than 5.47 trillion…

Before investing in any cryptocurrency, he should evaluate his understanding of the particular currency. Since it is risky, anyone intending to invest must consider the digital asset before starting it. An interested investor must pay serious attention to various aspects before buying cryptocurrencies. Such vital points include only investing in an amount you can lose, studying the subject keenly beforehand, understanding the inter-exchange transfer rates of various cryptos, analyzing the market size cap, and watching out carefully for scams surrounding crypto.…

Before buying any cryptocurrency, you must decide if you want to be an investor or a trader. Familiarizing yourself with the difference will save you from massive loss. The worst thing you could do when entering crypto markets is an investor who thinks like a trader or vice versa.  People can use the coins to purchase goods or services, buy and hold cryptos, diversify their portfolios, or buy and sell cryptocurrencies to profit from short-term price movements. These participants use…

After the extreme volatility of cryptocurrencies, the great market crash in 2022 taught a hard lesson to many. The price of cryptocurrencies had vigorously fluctuated within two years. Many started considering cryptocurrencies a volatile market full of uncertainty and speculation at the time. Bitcoin is the first and largest cryptocurrency based on market capitalization. It experienced massive growth starting in 2020, mounting from $9000 to $69000! [caption id="attachment_328303" align="alignnone" width="1680"] Source: Coingecko[/caption] Many people and institutional investors soared on the cryptocurrency bandwagon,…

In the past, financial trading took place over the phone, where you had to call your broker to execute a trade on your behalf if you wanted to buy stocks. However, during this post-internet age, the application of technology has moved the buying and selling of financial securities online. In addition, it has advanced the process in many ways, like creating and using APIs. The introduction of Bitcoin led to the birth of Crypto APIs. Since then, the APIs have…