Category: Guide
All You Need To Know About Software Wallets
What is a Cryptocurrency Wallet? Cryptocurrency wallets allow investors to store, manage, and trade digital currencies. They are a type of container where investors can…
All You Need To Know About Nigeria’s eNaira CBDC
What is CBDC? CBDCs stand for Central Bank Digital Currencies. CBDCs are a type of cryptocurrency that is issued on blockchain networks. A mainstream cryptocurrency…
Understanding the Major Differences Between NFTs and Traditional Art
What is NFT? NFTs stand for non-fungible tokens. NFTs are a type of digital currencies that have the ability to hold data or digital information…
Understanding the Relationship Between Blockchain and Web3
What is Blockchain? Blockchain technology is a type of distributed journal that operates in a decentralized manner. Blockchains do not require a static and central…
Understanding the Use of Stablecoins in Everyday Transactions
What is a Stablecoin? A stablecoin is a type of cryptocurrency that retains a fixed value at all times. Stablecoins are usually backed by an…
Top Ways to Keep Your Crypto Holdings Safe
How to Secure Cryptocurrency Reserves? Cryptocurrency investors have to use a custodial or non-custodial wallet as a way to store and manage their reserves. It…
Understanding IRS’s Bitcoin ETFs Taxation: A Simple And Effective Guide
Amidst the growing interest in the crypto market, the introduction of Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention. This guide delves into the intricacies…
All You Need To Know About Web 3.0 Wallets
What is Web 3.0? The current version of the internet or websites is an interactive one that has evolved from the baseline structure. It is…
All You Need To Know About Avalanche Network (AVAX)
What is Avalanche Blockchain? Avalanche blockchain (AVAX) is a DLT platform that has features such as interoperability, usability, and scalability. The project was first introduced…
How to Buy Bitcoin in India: A Comprehensive Guide
Introduction India has been ranked as the second-highest nation in terms of cryptocurrency trading volume per a survey published by Chainalysis in September 2023. Therefore,…
What is a Gift Card Scam and How Does It Work?
What is a Gift Card Scam? In the booming online market and e-commerce sector, online payments have become a norm. At the same time, people…
Understanding Ethereum as a Deflationary Asset
What is a Deflationary Token? Cryptocurrencies are based on a blockchain network. A blockchain usually has a pre-determined mechanism that it uses to issue new…
What is GameFi and How Does It Work?
What is GameFi? GameFi is a portmanteau of two terms namely Game and Finance. The term represents the amalgamation of two important technologies and industries…
What is a Crypto Exit Scam and How Does It Work?
What is an Exit Scam? An exit scam is a type of financial fraud where a project or firm opts to steal the money collected…
Understanding the Role of Open Interest in the Crypto Futures Market
What is Open Interest? Open interest is a term associated with derivatives trading markets such as futures and options. Open interest indicates the amount of…
Danksharding And Proto-danksharding: What Are They And How Do They Work?
Differences Between Danksharding And Proto-danksharding Danksharding is a layer-2 solution that augments the capabilities of Ethereum by facilitating scaling. Proto-danksharding is a step in the…
Everything You Need To Know About Binance
What is Binance? Binance is a global cryptocurrency trading platform. The exchange has maintained its ranking as one of the top crypto exchanges in the…
4 Effective Cost-Saving Web3 Hiring Strategies: What To Know
Remote work is no longer a fad in the Web3 age. It is an integral part of every successful modern workplace. However, adopting a decentralized…
Algorithmic And Collateralized Stablecoins: How Do They Differ? – A Guide
Cryptocurrencies have evolved significantly, offering various stability mechanisms to navigate the turbulent market. Two prominent approaches are algorithmic stablecoins and collateralized stablecoins. Algorithmic stablecoins, like…
Understanding DeFi‘s Role in the Financial Revolution
What is DeFi? DeFi is a relatively new term that is used to describe the decentralized finance sector. It is a divergent form of investment…
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