What are Meme Coins?
What’s a meme coin? To realize what a meme coin is, you first need to comprehend what a meme is. It’s a funny or exciting unit of meaningful information, such as a picture with a caption or video, or a whole group of units, widely shared on the Internet, mainly through social networks. Simply put, …
What is a Cryptocurrency Smart Contract?
What is a Smart Contract? Smart contract vs cryptocurrency are typically associated with each other. It’s known as an app that operates on a blockchain. It functions as a digital arrangement backed by a body of regulations. These rules are determined by computer code that’s copied and processed by all network nodes. Smart contracts are …
Hard Forks vs Soft Forks within Сryptocurrencies
Crypto Fork Explained So, what is a crypto fork? It is an evolutionary creation of a branch on the blockchain. It results in a creation of a network that is parallel to a pre-existing. All crypto forks are divided into two types: crypto hard fork and soft fork. Let’s understand how they differ. What is …
Crypto Сoins vs. Tokens: What’s the Difference?
Who is Who? Let’s define what is meant by the terms coin and token. What is a crypto coin? It’s a cryptocurrency based on a proprietary blockchain. You can purchase goods and services and conduct trading operations and exchange with other users as if you use traditional money. The main characteristic which differentiates tokens vs …
What are stablecoins?
Intro Most cryptocurrencies are known for their rapid price changes – their volatility is what makes them popular among traders. The volatility is in the nature of most cryptocurrencies. Some people investing in crypto can make millions on rapidly increasing prices, while some lose a lot due to the rapid plummeting of crypto prices. This …
How to Build a Diversified Crypto Portfolio
Intro If you are wondering how to build a diversified portfolio, you most likely have already prepared a budget that you want to invest in cryptocurrencies and make money in the process. However, before answering the question — of how to build, let’s stop for a second and figure out why your crypto portfolio must …
How to Reduce Crypto Losses During a Market Dip
Intro How to make money from Bitcoin if it has recently lost about half its price and by early July 2022 was at about $20k? Moreover, most other cryptocurrencies have followed the mastodon and turned their charts down, which makes many crypto investors nervously wipe sweat droplets from their foreheads. The most important thing is …
What is the Difference Between a Bull and Bear Market?
Intro You have probably heard the terms bear market and bull market in the crypto-asset market context. They are often used to identify current crypto market conditions in general — that is, whether cryptos are appreciating or depreciating in value. As you know, the crypto market is volatile and fluctuates, so its conditions change daily …
What is the Crypto Fear and Greed Index?
Intro Trading is always conjoined with risks and other different stimuli that might make market participants emotional. Emotions are basically the drive of every market, including the crypto market. Two feelings, in particular, govern the market behavior: fear and greed. Fear of missing out is also a powerful drive ‒ it makes people decide whether …
Crypto Under $1: Is it Worth Investing in?
How do cryptocurrency prices work? Unlike other assets, crypto coins work not only as investments but also as a currency. Basic market rules still govern their prices: every event or even mention of the crypto can alter its price, increase its’ demand, etc. FOMO is not the only factor that should encourage you to add …
How to Choose Crypto Pairs to Trade?
What are crypto trading pairs? There are two definitions worth your attention: cryptocurrency trading pairs and base currencies. Trading pairs in crypto refer to crypto acquisitions that can be exchanged for each other on any crypto exchange platform. If you have ever seen the BTC/ETH or BCH/USDT, you have seen crypto trading pairs. Why is …
Limit Order VS Market Order
What are limits and market orders? So, what are these orders? Basically, orders are the way you trade assets on your crypto exchange account. It’s rather an instruction to sell or buy. So, market order vs limit order ‒ where’s the difference and what to choose? What is a market order? A market order makes …
The Best Way to Store Crypto: Hot VS Cold Crypto Wallets
What do we call a crypto wallet? A crypto wallet, regardless of whether it’s hot or cold, is a perfect way to handle your cryptocurrency funds and keep them safe using blockchain technology. Each crypto wallet goes by its own unique address or ID code that allows other users and exchanges to withdraw coins there. …
- Сrypto wallet
What Does KYC Mean in Crypto?
What does KYC stand for? If you ever wondered what is KYC in crypto, or what is KYC meaning for crypto exchanges, we’ve got you covered. KYC is actually a short version of the Know-Your-Customer verification process that can be launched by a company to verify a user’s identity. This can be done either right …
What is NFT Token?
Intro What is NFT crypto and why do people pay so much attention to it? First of all, the popularity of NFTs crypto can be explained by impressive trading volumes. For example, just in February 2021 NFT trading volume was $340 million. This amount is more than the trading volume for the whole year of …
What is Tokenomics?
Intro The latest statistics from CoinMarketCap show us that the crypto area counts more than 10 000 active cryptocurrencies and 300 million investors across the globe. It seems difficult for cryptocurrency users, especially for new ones, to discern good crypto for investing. So the question that comes up is, what to focus on when choosing …
What is Bitcoin ?
Intro Bitcoin (BTC) is the first and the most well-known cryptocurrency in the world. It came into play in 2009 but no one knows for sure who invented it. Bitcoin is said to be the brainchild of Satoshi Nakamoto — but this person seems to be a fictional character rather than a real individual. In …
What is Crypto?
Intro The term crypto coin (or just crypto) stands for virtual money which unlike fiat assets doesn’t have a physical form and can be earned by mining or some other means. The idea of cryptocurrencies is revolutionary, since the money exchange system requires no banks to verify transactions. It is a peer-to-peer (also known as …
What is Blockchain?
Intro Blockchain and cryptocurrencies have existed for almost 10 years, but most people still have no idea about what stands behind these notions. We have decided to explain the essence of blockchain and closely related concepts to fill in the gaps. The concept of block chain is not as complicated as it is commonly believed. …