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Crypto for Beginners

Stablecoins: What they are and how they work

What are stablecoins? Stablecoins are cryptocurrencies the value of which is based / pegged to a certain or basket of specific real-world assets like fiat currencies or other assets like gold, silver, etc. The purpose of stablecoins are to combine the benefits of blockchain-based digital currencies (transparent, decentralized, efficient, global, nearly instant transaction settlement) with …

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Crypto 101: Smart Contracts

The invention of Bitcoin was ground-breaking for sure. Yet while cryptocurrencies are an amazing invention, the real revolution is provided by Blockchain technology. Decentralized blockchain networks serve as an innovative infrastructure for the hosting of so-called smart contracts.   Smart contracts are programmed code that allow for the development of entire decentralized applications that run blockchain …

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Fiat to Crypto Payment Gateway: A Definitive Guide

To exchange fiat currency for cryptocurrency, you need an exchange with a fiat gateway. This gateway allows you to deposit fiat currency through bank transfer, credit/debit card payment or wallets.   What is “fiat” or “fiat currency”?  A fiat currency is a government-issued currency whose value is not tied to any physical commodity like gold …

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Trading 101: A beginner’s guide – How to Trade Cryptocurrencies

Welcome to the third and final part of the introductory series “Trading 101”. After covering the nitty-gritty, basic concepts and questions traders must ask themselves in part 1, and describing the five major types of cryptocurrencies and what cryptocurrencies to trade with in part 2, in part 3 we will discuss how to actually start trading cryptocurrencies.  Putting all of the pieces together, here is the exact guide to follow to …

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Non-fungible Token (NFT): What the fuss is all about

NFT are all the rage these days. From US sketch show Saturday Night Live to marketing guru Gary Vee, Bloomberg and more – mainstream media is covering the 2021 crypto-phenomenon that is Non-Fungible Tokens or “NFTs”. Yet, beyond the hype and insanity there are many misconceptions and misunderstandings about NFTs, their benefits and real use cases.   In …

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Crypto 101: Market Capitalization

Market capitalization is a central concept to financial assets. Crypto-traders may know it primarily from cryptocurrencies but it exists for every financial asset. Yet what exactly is market capitalization? How do you calculate it? And why is it especially important with cryptocurrencies?  What is market capitalization?  A general definition is that the market capitalization of any financial asset describes the total value of all units of …

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Top 5 Memecoins to Watch Out for in 2022: The Trend of Memecoins

Dogecoin, Shiba Inu, … – Memecoins are the latest trend in the never-boring crypto-scene. Elon Musk, one of the worlds richest people, and his infamous tweet from April 2nd 2019 around the “pretty cool” Dogecoin “might” being his “fav” (= favorite) cryptocurrency started this development. Since then, memecoins are celebrated by some, claimed as “scams” …

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