Cryptocurrency scams take many forms. Just as financial criminals will try to steal money from your bank account or put fraudulent charges on your credit card, crypto scammers will do anything to take your crypto. To protect your crypto assets, it helps to know when and how you’re being ...
Shorting ether is a strategy of borrowing, selling, and repurchasing the cryptocurrency when the price drops. There are several ways to short ether. First, one can use one of the crypto exchanges that allow shorting ETH. You can also borrow shares of an ETH futures ETF to wager against its...
Crypto, short for cryptocurrency, is a form of currency that exists only in the digital space and is transmitted from one computer to another. It uses cryptography – encoded information – to validate and secure transactions. Each transaction is recorded in a digital ledger known as a blockchai...
As the cryptocurrency markets have matured, the number of derivatives exchanges launched to meet demand has increased, and there are now plenty of trusted options available for traders looking to short Bitcoin. Let’s look at some of the top trading platforms: FTX.com FTX.com is one of the ...
You’re relying on short, sharp and sudden movements, and if you can’t get your orders in quick enough, you miss out. The same goes for when you want to buy cryptocurrency. It is possible to day trade, but it’s not something that everyone should do. ...
Investing in Cryptocurrency vs Trading Cryptocurrency There are some key differences between trading and investing in cryptocurrency. Typically speaking,traders look to take advantage of short-term price movements. This often involves holding positions for a number of minutes, hours, days or weeks. ...
4. To convert your cryptocurrency into cash, use a peer-to-peer exchange Peer-to-peer exchanges are online marketplaces where buyers and sellers can trade cryptocurrencies for cash. They’re also known as P2P for short, which shows how inventive these names can be!
In most cases, you’ll be able to “stake” your cryptocurrencies directly from a crypto wallet or cryptocurrency exchange. However, in reality, staking is a process that takes place on a blockchain. Moreover, those cryptocurrencies that you staked are actually utilized to validate transactions ...
We hope our outline will provide you with the knowledge and foundation you need to make your entry into this space as safe and seamless as possible! WHAT ARE CRYPTOCURRENCY WALLETS? Cryptocurrency wallets are software used to communicate with blockchain networks to safely access, send and ...
While crypto is becoming more and more accessible, it can still be difficult and confusing to understand exactly what crypto is and how it works. There are plenty of resources out there, and we’ve compiled a short list of ways to gain knowledge on cryptocurrency. If you find yourself ...