Cryptocurrency
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What is a whitepaper in crypto, and why is it important?
4 October 2023 , Abe Cofnas
When you start writing in cryptocurrency, you will encounter the term whitepaper now and then. A whitepaper is not just a piece of paper; it’s a document filled with important details about the different crypto projects. As a trader, you should read the whitepaper before investing in a new project. A whitepaper in the crypto […]
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Different Types of Crypto Exchanges
3 October 2023 , Abe Cofnas
The cryptocurrency market has become so popular over the years that many traders are looking for trading opportunities. As a result, different types of crypto exchanges were launched, each providing traders with different services and products. In order to be a successful trader in the Forex market and cryptocurrency Market, you need to distinguish different […]
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What determines the Bitcoin price?
2 October 2023 , Abe Cofnas
Bitcoin is the first and the most popular cryptocurrency in the world. It is not controlled by a single entity like a central bank, so a single entity does not determine its value. When determining the Bitcoin price, you should pay attention to supply and demand. On the other hand, the more people are willing […]
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The difference between decentralized and centralized stablecoins
28 September 2023 , Abe Cofnas
Bitcoin and Ethereum are two of the cryptocurrencies in the market; we all know that the cryptocurrency market is so young and volatile, making it hard for new traders to enter. They often find it hard to trust a volatile market, and some traders cannot tolerate the high volatility of the currency Market. On the […]
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What is the difference between Tether and DAI?
27 September 2023 , Abe Cofnas
USDT or Tether and DAI or MakerDAO are two of the most popular cryptocurrencies in the market. both have been designed to have a stable value so investors can participate in the market without worrying about high volatility. Although they are similar in many ways, there are also distinct differences. In this article, we will […]
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What is the difference between USDT and USDC?
19 September 2023 , Abe Cofnas
Cryptocurrencies are known for their volatile nature. The market is so unpredictable many avoid the cryptocurrency market due to High price fluctuations. Stablecoins were the best possible answer to solve this problem by offering price stability. Stablecoins are cryptos pegged to fiat currencies, commodities, and precious metals. Two of the most populist stablecoins are Tether […]
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Metaverse Use Cases and Benefits
22 August 2023 , Abe Cofnas
Internet and blockchain technology continue to transform our lives and provide fantastic opportunities. Living in 2023, we are witnessing the power of digital evolution: the introduction of NFTs and metaverse. The term metaverse was coined by Neal Stephenson in 1992 in a science fiction novel, and now it is a real thing.Big companies like Facebook […]
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What is NFT, and why is it valuable?
21 August 2023 , Abe Cofnas
Bitcoin was the digital answer to The currency markets and became famous and expensive through the years; NFTs are now the digital answer to collectibles. First, with the introduction of cryptocurrencies and now NFTs, Blockchain is a perfect technology to leave you wondering what’s going on here. Blockchain introducing new concepts like NFTs becomes more […]
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What is Liquidation in Crypto, and why is it important?
20 August 2023 , Abe Cofnas
Cryptocurrency is a high-risk market with great potential. Some coins exhibit extreme price swings, and the market’s extreme volatility makes them more attractive to confident investors. Compared to the limited profit margins of stocks and precious metals, crypto trading provides opportunities to make significant profits.One of the most fascinating features of crypto trading is using […]
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How to trade cryptocurrencies
13 August 2023 , Abe Cofnas
Cryptocurrencies are in demand, and every day, new crypto is introduced to the market, providing new investment opportunities. On the other hand, trading cryptocurrency is easy, and all you need is a connection to the internet and the computer or even a smartphone and, of course, an amount of money to invest that you are […]
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