An Initial Exchange Offering is a token sale on a cryptocurrency exchange and is exclusively available to the exchange’s users. In many ways, IEOs function just like ICOs – a set amount of tokens is available for sale at a fixed price, and there is usually minimum and maximum contribution limits set per user. An...
Cryptocurrency arbitrage is the simultaneous buying and selling digital currencies on different exchanges to profit from the price difference between the platforms. Cryptocurrency arbitrage is an extension of arbitrage in more traditional markets and environments. With arbitrage, the concept is almost risk-free because the trader is merely buying and selling digital assets simultaneously and there...
What is Dogecoin? Dogecoin is an open source cryptocurrency for global internet users. Dogecoin emerged in 2013 as a fork from the Litecoin blockchain. The cryptocurrency comes from a popular meme dubbed Shiba Inu doge. Initially, the coin was for tipping content creators. However, by 2018, the DOGE token became a top ten contender with...
In the world of cryptocurrency trading, Coinbase and Binance are the most popular exchanges you will come across. Many consider Coinbase as beginner friendly while Binance has witnessed rapid growth over the last few months. While these two enjoy undisputed popularity, they do have some distinct differences. In this Binance vs Coinbase review, you will...
ERC20 is a technical standard used for developing and issuing smart contracts on the Ethereum system. ERC stands for Ethereum Request for Comment, while 20 is a unique ID assigned to this request. To date, over 170, 000 ERC-20 tokens are available on Ethereum main network. During the 2017 boom of ICOs, ERC-20 tokens gained...
Crypto trading is simply the exchange of cryptocurrencies based on prices determined by market forces. Cryptocurrencies trading is for two main purposes, either to acquire some digital assets or make money. Cryptocurrency trading is done on different platforms. We have websites, desktop, and mobile applications. Mobile applications stand out because they enable traders to exchange...
Decentralized Applications (dApps) are computer applications that operate on a distributed computing system. The Ethereum blockchain is undoubtedly the king of smart contracts and dApps. Despite the cryptocurrency market experiencing volatility, the same is not for the blockchain sector. Ethereum is the base for over 90% of global dApps and smart contracts. With time, this...
If you are a cryptocurrency enthusiast or investor, we have websites that should be on your homepage. With the volatile nature of cryptocurrencies, an investor should be aware of the slightest news in the industry. Staying on top of this news is critical to succeeding as an investor. In this guide, we have a collection...
Cardano is a decentralized system, based on the blockchain technology which runs its own cryptocurrency called the ADA coin. The platform has similarities to Ethereum because it supports smart contracts and it can set up Decentralized Apps. Cardano is the first peer-to-peer transaction system and it is arguably the only project to emerge from a...
It is clear 2018 was a bad year for the cryptocurrency market. The market drop came after the sector witnessed an unprecedented boom in 2017. Many began the year with great anticipation hoping that the impressive trend would continue. However, within the first quarter of 2018, the price of Bitcoin dropped by about 65 percent....