Author: Lakisha Davis

Exchange is a place where you can change one currency to another. Therefore, crypto currency exchange is a place where you can exchange fiat or other coins to crypto and vice versa. In order to use the services of exchanges there are certain requirements that need to be met. There are different types of crypto currency exchanges with their own advantages and disadvantages. Let’s take a look at the 5 key types of cryptocurrency exchanges. 1. Retail Exchanges Retail exchanges provide intuitive interfaces so any prior experience in trading is not required. It is the most widely used type of…

Sharp drop value of Bitcoin is one perfect case study for the risks that are associated when it comes to crypto investing. Still, cryptocurrency is a very volatile investment, which is prone to huge swings in a short interval of time. Still, investors want to know and invest in crypto. Many visible financial influencers also are talking about crypto every now and then. How Can I Book Profit in Bitcoin (BTC)? Bitcoin and Ethereum both are two important cryptocurrencies that you can invest straight away and use this amount in an alternate coin. That is one reason for the BTC…

Technological developments have opened a wide range of possibilities in various fields. Our modes of communication, ways of shopping, working, making payments and other transactions have changed a lot. Cashless payments are more desirable today. You need not to pay in cash anymore and can use a digital register for making cashless payments. Cryptocurrency is a digital payment system built using blockchain technology. It doesn’t involve the physical transfer of money. Instead there are digital entries made on an online database which describes the specific transactions. Cryptos are stored in a digital wallet and the transactions are recorded in a…

Are you looking to invest in bitcoin? Then it is very important that you look to store your cryptos in a secure wallet. Are you aware of the number of wallets available and which is the right one for you? It’s essential to have bitcoin wallets to protect the investments, however selecting the best wallet will be very confusing. Thus, your crypto isn’t stored securely. Bitcoin wallets are easy to get hacked, so it is always better to look for a safe crypto wallet. Different kinds of wallets vary in purpose. In today’s post, we are going to look at…

Decentralized exchanges, or DEXs, are called P2P marketplaces where the cryptocurrency traders and investors make transactions straight without handing on the management of the funds to intermediary and custodian. Such transactions will be facilitated through the use of the self-executing agreements that are written in the code known as smart contracts. What’re Decentralized Exchanges? DEX mainly relies on smart contracts that will allow the traders to perform orders without any intermediary. Alternatively, centralized exchanges will be managed by the centralized organization like the bank that is involved in the financial services who are looking to make some profit. The centralized…

Traditionally one used to rely on the trading houses, financial institutions and brokerage firms for trading in stocks. The institutions do trading on the behalf of their customers. But now the scenario is altogether changed. With the evolution of internet facilities, there are numerous online platforms available for trading. Now anyone can do trading online themselves. Day trading is mostly to make profits through the small price fluctuations within a day. You purchase and sell within 24 hours and make profits. However, when it comes to crypto currencies there are wild fluctuations within a day or minute only. So the…

There’re plenty of stablecoins you will find in a cryptocurrency market. But, the biggest ones by market cap are BUSD, USDT, USDC and DAI. The increasing popularity of these stablecoins is attributed to their functionality since they offer fast processing, increased privacy and security, which comes with the cryptocurrencies, and price stability of the fiat currencies. Why are there Plenty of USD Stablecoins? The biggest USD stablecoins in the market capitalisation are BUSD (Binance USD), USDT, USDC & DAI. However, why are there plenty of stablecoins pegged at USD when all achieve the same thing? Well, different stablecoins function on…

There are many who think that token and coin both are the same things, even several crypto companies think so but it is not the case. There’re a few huge differences between both of them. Let us find it in detail here. What’s Coin? A coin is one type of asset native to its blockchain. Just think of Litecoin, Bitcoin, and Ether. All these coins generally exist on their blockchain. The transactions of coins are made from person to person. But, there are no physical coins that move while you send or receive them. All “coins” exist as the data…

Bitcoin is considered to be the world’s largest cryptocurrency and legality differs across various regions, and some are not very sure how to work through the legal issues. Despite several alternatives accessible to you, Bitcoin dominates this crypto world, attracting many investors from all over the world. Thus, the legal status draws huge curiosity among investors across the world. Many major international economies still are a bit skeptical about cryptocurrencies. As Bitcoin and various other digital currencies have slowly started winning institutional endorsements, and regulatory hassles for the cryptocurrencies have increased too. Cryptocurrency in many states is booming, this market…

Blockchain is one type of inherent digital currency. For Bitcoin, its purpose is to work as the cryptocurrency; thus Bitcoins are called as native crypto for BTC, and Ethereum’s native is Ether, however, Ethereum hosts various other cryptos in a form of tokens. You may have taken a look in the Decentralized Finance farming- and the liquidity pools, just to get a bit more confused by various kinds of token rewards for every pool. The primary purpose of the DeFi Farm guide is to explain the differences between the native and the non-native tokens. What is a Native Token? Native…