At a Glance: Binance is the largest cryptocurrency exchange platform that allows trading of various cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin. It was founded in 2017 and moved its headquarters to Malta due to strict regulations in China. To withdraw crypto from Binance, follow …
At a Glance: NFTs, or non-fungible tokens, are digital assets that represent real-world objects such as art, music, and videos. They are bought and sold online using blockchain technology. NFTs are unique and have a one-of-a-kind value, creating digital scarcity. They allow buyers to own the origina…
At a Glance: Using a Blockchain Explorer to find a transaction is a simple process. First, choose a transaction from your wallet. Each transaction has a unique ID called TXID. In the main wallet, you can view the transaction on the Blockchain Explorer directly. If not, manually search for the ID wit…
At a Glance: A hardware wallet is a physical device used to securely store cryptocurrency. It generates a public key for receiving funds and a private key for confirming ownership. Unlike software wallets, the private key is stored offline in the hardware device, making it more secure. Transactions …
At a Glance: An initial coin offering (ICO) is a way for a cryptocurrency project to raise capital by issuing tokens to investors. It is similar to an initial public offering (IPO) in traditional finance. Investors buy tokens with existing cryptocurrencies or fiat currency, and if the ICO is success…
At a Glance: A USDT wallet, also known as a Tether wallet, is a software that allows users to store and access their Tether funds. The wallet contains a private key and a public key, which serve as credentials to access the account and funds. There are various USDT wallet options available, includin…
At a Glance: Tether (USDT) is a blockchain platform that offers stablecoins linked to government currencies. USDT is the largest and most widely used stablecoin, redeemable for a corresponding US dollar held by Tether. However, there have been concerns about Tether’s ability to back the coin w…
At a Glance: Ethereum and Cardano are blockchain platforms designed for decentralized applications. Ethereum uses a Proof-of-Work (PoW) protocol, while Cardano utilizes a Proof-of-Stake (PoS) protocol. Ethereum is a well-established platform with a focus on smart contracts and has plans to transitio…
At a Glance: Crypto lending is a type of decentralized finance where investors lend their cryptocurrencies to borrowers in exchange for interest payments. Lenders can deposit their cryptocurrencies into lending platforms and receive monthly or weekly interest. Borrowers can stake their cryptocurrenc…
At a Glance: A Bitcoin Cash wallet is a secure storage solution for holding Bitcoin Cash, a cryptocurrency created to offer faster transactions and lower fees. There are several wallet options available, including hardware wallets like Ledger Nano S and Trezor, smartphone wallets like Coinomi and El…