Ethereum explained in simple terms

1 min read

Ethereum is a decentralized, open-source blockchain platform that enables users to create and deploy decentralized applications (dApps). It utilizes a distributed public blockchain network, which enables users to securely transfer digital assets and store data. Ethereum is powered by its own cryptocurrency, Ether (ETH), which is used to power the Ethereum network and pay for transaction fees. Furthermore, Ethereum is the foundation for many other decentralized networks, such as EOS,

How To Grow Your Business Using Cryptocurrency?

4 mins read

The rise of cryptocurrency has changed the financial industry over the years. While many still don’t understand the concept and the fears about Bitcoin and Ethereum are high, there is no doubt that this virtual currency presents various benefits for business owners and institutions.  Bitcoin, the first well-known decentralized virtual currency, helps businesses with security and transparency since no individual or organization controls the blockchain. However, using crypto in business

Why Trade Cryptocurrency?

1 min read

Cryptocurrencies are becoming a significant part of an investor’s portfolio, and there are several reasons why trade cryptocurrency:  1. Market hours for cryptocurrencies Due to the lack of centralized market administration, the cryptocurrency market is typically open for trading every day of the week, all year round.  2. Better liquidity A cryptocurrency’s liquidity is determined by how quickly and easily it can be exchanged for cash without affecting its market

How to make money trading crypto?

2 mins read

Whenever an investor or a trader buys cryptocurrencies, they not only earn from the price appreciation but also get access to the platform’s utilities. For instance, Ether is traded on crypto exchanges and used to pay transaction and gas fees on the Ethereum blockchain.  Cryptocurrency markets offer numerous ways for traders to make money trading crypto in both bull and bear markets. Traders sell high and buy low to make

Crypto Trading vs Forex Trading

3 mins read

There are significant differences between forex trading online and forex trading: 1. Forex trading has been around considerably longer than the cryptocurrency market – ever since humanity first started using distinct national currencies. 2. Compared to FX trading, cryptocurrency trading ensures higher returns but carries a higher risk level. 3. Because the cryptocurrency market is more recent than the forex industry, it is also less regulated. 4. Cryptocurrency trading is

Is Crypto Trading Profitable?

5 mins read

An increasing number of people are now entering the crypto markets, thanks to cryptocurrencies exploding in popularity in recent years. The majority of these investors have a common goal: to invest in cryptocurrencies to make large profits. Undoubtedly, while some people consider the volatility of the cryptocurrency markets to be a bit too risky, others see a golden opportunity to make enormous profits. So how profitable is crypto trading actually?

Risks in Crypto Day Trading 

5 mins read

While day trading has emerged as a profitable avenue for traders, certain risks exist that traders should be wary of. Some of them include:   Significant Capital Required: Since day traders rely on price movements to generate profits, they require significant capital to get started. For example, a $10 increase in the price of a token may not be a significant profit if the user only holds 1 token. Scale that

What Is Ethereum 2.0?

2 mins read

Ethereum advanced blockchain technology by supporting hundreds of new blockchain networks and native coins. Now, the company is upgrading its blockchain—from Ethereum to Ethereum 2.0. The upgrade on the public mainnet is projected to completely transform its predecessor. Ethereum introduced smart contracts and decentralized applications (DApps) to the larger community. It now supports a slew of blockchain initiatives, including those thriving under the decentralized finance (DeFi) banner. Vitalik Buterin, co-founder