What are Crypto NFTs? How Do They Work?
NFTs, or non-fungible tokens, are digital assets that are not interchangeable with other digital assets of the same type. Unlike cryptocurrencies, which are fungible and can be traded for other cryptocurrencies of the same type, NFTs are unique and cannot be exchanged for other NFTs. NFTs are often used to represent digital assets in games,…
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Investing in Cryptocurrency — How to Make Money?
It is no secret that a small handful of investors have become rich by investing in cryptocurrency. In fact, the total market capitalization of the entire cryptocurrency industry has grown from $6.97 billion in 2016 to over $983.72 billion in 2022. While there are many reasons for the rapid growth of the cryptocurrency market, one…
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Cryptocurrency vs. Blockchain: What’s The Difference?
What is blockchain vs cryptocurrency? This is a question that often confuses people who are new to the world of digital currency. To understand the difference, we need to first look at what each term means. Blockchain is a digital ledger that records all transactions made in a peer-to-peer network. It is a distributed database…
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What Does Runway Mean in Crypto?
Introduction Have you ever wondered what “runway” means in the exciting world of cryptocurrencies? Let me take you on a journey to demystify this term and unveil its significance. In crypto, the runway is a key concept that determines a project’s sustainability and financial health. Picture it as the lifeline, the timeframe for a project…
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Exploring the Crypto Space
Introduction In the exciting realm of the crypto space, I found myself venturing into a whole new world of digital currencies and blockchain technology. Imagine a decentralized network where transactions occur directly between individuals without the need for intermediaries like banks. That’s the essence of the crypto space. Here, cryptocurrencies such as Bitcoin and Ethereum…
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Is It Possible to Get Scammed Through Cryptocurrency?
Yes, you can get scammed through crypto. Crypto is a new technology that allows people to send money from one place to another without going through a traditional financial institution. This can be a great way for companies and individuals to exchange money and avoid fees. However, it also makes it easy for scammers to…
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How Do Crypto Exchanges Differ From Each Other?
There are three main types of cryptocurrency exchanges: centralised exchanges (CEXs), decentralised exchanges (DEXs) and hybrid exchanges (HEXs). Centralised exchanges are the most popular type of exchange, as they offer a easy-to-use platform for buying and selling cryptocurrencies. CEXs are centralised, which means that they are controlled by a single entity. This centralisation makes CEXs…
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A Detailed Explanation Of Crypto DeFi
Crypto Defi is a term used to describe the use of cryptocurrency and blockchain technology to provide financial services that are typically offered by traditional institutions. The term “Defi” is short for “decentralized finance”, which refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum…
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Get Rich or Go Home – How Cryptocurrency is Changing the Investment Game
Cryptocurrency has become a buzzword in the world of investment, and for good reason. The rise of digital currency has created a new world of possibilities for investors, both experienced and new. The question is no longer whether to invest in cryptocurrency, but rather how to do it effectively. In this blog post, we’ll explore…
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Cryptocurrency Trading 101 — All You Need to Know
What is Crytpto Trading? Cryptocurrency trading is the process of buying and selling cryptocurrencies, typically in the form of exchange-traded pairs. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution…
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