Digital currencies can take various forms. We all know about Bitcoin which is a store of value along with a payment method, and also Ethereum that can also serve similar purposes. But there is another form of digital currency that operates more as a reward system. These are known as …
Read More »What Are Crypto Airdrops? Is It So Easy As It Seems?
Everybody loves to get extra for nothing. This is the reason free digital currency giveaways or simply crypto airdrop are among the most common targets for the digital currency enthusiasts. This is a very interesting concept in the digital currency space. So let us understand more about these cryptocurrency airdrops. …
Read More »Cryptojacking: Easy Explanation And Its Operations In The Digital Space
In the digital currency space, the broadest illicit activities or examples you may witness involve credit card and scheme fraud, identity theft, sams within traders, and SIM wrapping. While these are just some examples, there exists another notable fraud in the crypto arena that the investors and traders should be …
Read More »Definition & Benefits Of Central Bank Digital Currency: The New Crypto
In recent times there has been a huge hype about the Central Bank Digital Currency which is also known as CBDC. But what is CBDC and how is it different from a cryptocurrency? In this article, we will find the answers to all these questions. What Is A Central Bank …
Read More »A Simple Explanation On The Concept Of Wrapped Tokens
There are stablecoins, altcoins, meme coins, and there are wrapped tokens like wrapped Bitcoin (WBTC), wrapped Ethereum (WETH), and also there is wrapped Dogecoin (WDOGE). It seems that almost every digital currency can be wrapped and they are crucial in the Defi space. So let us quickly have a look …
Read More »Simple Explanation Of Dollar Cost Averaging In Respect To Cryptocurrency
This article will give you an overview of what is Dollar Cost Averaging strategy is in respect to digital currencies. Cryptocurrency day trading has risks, requires a significant amount of time, and research. Moreover, the fluctuations in the values of the cryptos may result in active traders losing a good …
Read More »Cloud Mining: A New Idea Explained In Brief
When it is about Bitcoin and other digital currencies, mining does not imply tunneling into the ground and then hauling the ore out. It is a computerized process where the miners will have to solve complex mathematical problems to create a block. Mining through cloud computing power functions are mining …
Read More »Hash Rate Explained, Know Why Is It So Important
If you have been in the thrilling and complex space of digital currency now, you must have heard about the term “hash rate”. In the context of digital currency, this is present in Bitcoin mining and other cryptos. Mining is the procedure of getting a digital currency via the use …
Read More »What Is KYC In Crypto And How Important Is It?
Financial service providers like crypto trading and exchange platforms face serious pressure to stop illegal activities that are related to the transfer of digital assets and fiat currency. So it is crucial for the users to enter their KYC details while opening an account in a crypto exchange. In this …
Read More »An Easy Definition Of Non Fungible Token Games
Non fungible token games have created a hike in the blockchain and crypto space. Play-to-earn models have been developed from the early stage NFTs like the CryptoKitties. By assembling finances with the gaming industry, a completely new space that is called Game-Fi is offering opportunities to get rewards by playing …
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