Cost basis refers to the original value of a cryptocurrency, such as Bitcoin or Ethereum, for tax purposes. It is crucial for accurately calculating capital gains or losses when you trade your digital assets. In this post, I will walk you through all you need to know about cost basis and its implications for calculating […]
Both Bitstamp and Binance are well-known cryptocurrency exchanges. They are among the top crypto exchanges in the world today. For new investors who want to start trading cryptocurrencies, choosing one over the other can be difficult. The purpose of this article is to compare Bitsampt vs. Binance so that you can be able to make […]
In this article, I will walk you through all you need to know about Solar-Powered Bitcoin mining. A Bitcoin miner that relies on renewable energy sources is not only economical in the long run but has a very low carbon footprint. Cryptocurrency mining is an energy-intensive process. Hence, relying on fossil fuels to power Bitcoin […]
Lido crypto, also known as Lido Finance, is a decentralized finance (DeFi) platform that aims to bring Ethereum 2.0 staking to the masses. In this article, we will delve into the basics of Lido crypto, explore its key features and benefits and learn how to get started. So let’s dive in! What is Lido crypto? […]
To shill a coin in crypto circles means to endorse a particular cryptocurrency or project for personal gain. The word shill is also used as a noun to describe people who spread exaggerated claims, false information, or even engage in manipulative tactics to pump up the price of a specific cryptocurrency. In this article, I […]
Choosing the right cryptocurrency exchange can be mind-bogglingly confusing. There are so many exchanges out there. First of all, there are multiple types from order book exchanges to decentralized ones. Secondly, how do you know which one to trust? Even the large ones seem to implode from time to time. Thirdly, most sites aren’t exactly […]
In the world of cryptocurrency, one of the key metrics that investors and analysts use to evaluate the value of a particular token or coin is Fully Diluted Valuation (FDV). Understanding FDV and its role in crypto is essential for making informed investment decisions in the market. In this article, we will delve into the […]
At its core, a ‘degen’ is an abbreviation for ‘degenerate.’ In the context of crypto, it refers to an individual who engages in high-risk and speculative activities, usually involving trading and investing in trending cryptocurrencies. Degen crypt investors are known for their adventurous and often reckless approach to the crypto market, seeking out quick profits. […]
SAFU is frequently used within crypto circles in place of the word “safe”. It is often used with the expression “Funds are Safu”. After seeing the meme’s virality, Binance, the largest crypto exchange, launched a fund called SAFU (Secure Asset Fund for Users) that sets aside 10% of the fees it generates from trading to […]
Cryptocurrencies have revolutionized the financial landscape, providing individuals with an alternative method for storing and transacting value. Two essential components of the cryptocurrency ecosystem are cryptocurrency exchanges and cryptocurrency wallets. While both serve critical functions within this digital realm, they are distinct in terms of their features, purposes, and modes of operation. In this article, […]
Coinbase and Coinbase Wallet are two separate platforms that cater to different aspects of cryptocurrency management. While both are owned by Coinbase, they serve distinct purposes and target different user needs. In this article, we will explore the various differences between Coinbase and Coinbase Wallet, delving into their features and user experience. Coinbase Vs. Coinbase […]
Pegging in the world of cryptocurrency refers to the practice of linking the value of a digital asset to an external reference, typically a stable currency like the US Dollar or Euro. The purpose of pegging is to establish stability, as cryptocurrencies are known for their price fluctuations. In this article, I will cover everything […]