In your search to understand cryptocurrency better you may have come across the word ‘Blockchain’. Digging deeper, you know that Blockchain powers the cryptocurrency process, and it’s mainly responsible for the transaction security. There are two different Blockchain technology- public and private. Public was the first created Blockchain when it was used exclusively to trade Bitcoin and other tokens. What is a Public Blockchain? As the name implies, a public Blockchain is ‘open’ for everyone. It’s a network where those who are interested can sign up for it. It’s somewhat different from a network or a server because once you…
Author: Cristina Macias
The internet and modern technologies have opened up a lot of opportunities to work from home. Many people benefit from the flexible schedules that enable added income while allowing for more family time. There are various resources online to match your talent, skill set, and abilities. Some jobs do not require technical knowledge while others can let you earn money passively. Here are some easy ways to generate extra side hustle cash: Sell Items on Marketplaces Start by sorting your own things, from small electronics to clothing you no longer wear, to books and collectibles to bulky furniture. You can…
There’s more to cryptos than Bitcoin and Litecoin or other digital coins. Crypto comes in many forms that interested people can have as assets. Here are the different types: Cryptocurrencies Digital currencies utilize the blockchain for encrypting, verifying and regulating fund transfers. Perhaps the most popular is BTC or Bitcoin which can be easily acquired when you Click here, but there are thousands more alternative coins or altcoins in circulation. Cryptocurrencies are often used by people for payment or as a store of value. Stablecoins As the name suggests, stablecoins pertain to digital currencies that are pegged to currencies that…
During these uncertain times of a widespread pandemic, the emergence of the blockchain presents investment opportunities to people staying at home. Bitcoin’s digital and decentralized qualities make it accessible to almost anyone who owns a smart device with an internet connection. If you’re planning to invest in digital currency, it’s essential to find a safe crypto exchange. Here are the most important factors to consider when choosing the right platform: Availability in Your Country It’s best to choose an exchange from where you live, given the regulations governing the crypto market and the convenience of buying directly in your currency.…
Trading cryptocurrency is often misunderstood, and not a lot of people know that it’s actually easier compared to stock trading. Also, there’s a lot of trading styles and approaches in crypto trading. The next time you put in money in Bitcoin or other tokens, try these strategies: Hodling Yes, that’s hodling and it’s not a typo error. This term actually means something similar to holding- you put your money into a cryptocurrency, forget about it and coming back to it months or years later. Hodling is one of the easiest investment actions you can take in the crypto industry. You…
You may be interested in investing in cryptocurrency but don’t know where to start. Is it just a matter of buying them using money? If so, where do you and how can you purchase them? Here’s a short guide on how to best buy cryptocurrencies for 2021. How You Can Buy Cryptocurrency Thanks to Bitcoin and its rise to popularity, buying cryptocurrency is now easier than ever. You can buy crypto coins thru several methods, including cash, bank transfer and credit card. Exchange sites will have the payment methods listed, so pick a reputable platform and one that has your…
Cryptocurrency can be obtained through the process called mining. Currently, there are 4 ways to mine- via the cloud, CPU, GPU or ASIC. What is Cryptocurrency Mining? Crypto mining is the digital form of traditional mining, only this time it’s collecting cryptocurrency instead of rocks or minerals. Instead of a tool or machine, a computer or similar hardware is used to mine cryptocurrency. The PC will carry out ‘Proof of Work’ tasks, which give you a small amount of crypto every time you complete them. Different Methods of Mining Cloud Mining Cloud mining is a fancy word for ‘renting’ a…
Buying your first cryptocurrency can be a trying experience especially if you’re a beginner. For instance, how much should you buy, and where should you get them? Fear not, though as we present 5 beginner-friendly tips on how to successfully make a transaction. Prepare Your Wallet The first thing to do is to prepare for the digital asset by getting a wallet that can hold it. Cryptocurrency may not be stored via traditional means- you will need storage in the form of a hot or cold wallet. These can be an app or a device that can hold the token…
Cryptocurrencies such as Bitcoin make use of an age-old concept called tokens. These items are usually exchanged for drinks, rides or food in fairs. In other applications, a token could allow you entry or show that you own a certain collectible item or product, among others. A token in the world of cryptocurrency can mean other things, though. Here’s a short guide on understanding cryptocurrency tokens. What is a Cryptocurrency Token? A token is a representation of a value that’s set by an authority. In the world of Blockchain, a token is something that has value and is available for…
Do you know that crypto tokens come in different types and serve different functions? It’s true! Before investing in a cryptocurrency you’ll want to do some research and find out what it’s for. If you’re into investing, Bitcoin and other currency tokens should be your point of interest. If you’re new to the crypto investment industry then it’s best to visit this site so you can be up to speed and make money online. Let’s take a look at the different types of tokens below. Asset Token An asset token is usually tied to a tangible asset, such as bonds,…