USDC is one of the main stablecoins (Image source) The intention behind this is that the supply of USDC should be directly correlated with an equivalent amount of USD held in reserve backing USDC. Other stablecoins can be backed by crypto, additional commodity assets, or other fiat currencies...
Cryptocurrency storage is also commonly handled by crypto exchanges, which are online platforms that function like a marketplace to safely allow users to store, send, receive, and convert cryptocurrencies. Many exchange platforms charge fees for withdrawing, transacting, and trading crypto. But, they ...
You have likely heard of the crypto winter. But what exactly does that mean, and what does it mean for your investments and taxes?
What is a token? A token is a cryptocurrency or crypto asset that runs on another cryptocurrency’s blockchain. An example of a cryptocurrency token is USD Coin (USDC), a fiat-backed stablecoin that runs on the Ethereum blockchain. An example of a crypto asset token is a non-fungible ...
USDC (USDC) Market Cap: $60.641 Billion USD Price: $1.00 USD 1hr: 0.01% | 24hr: -0.01% | 7d: -0.02%Ethereum (ETH) Price at #8: $204.82 USD Current price at #2: $1,825.24 USD Difference: -89% 8 RANK Dogecoin (DOGE) Market Cap: $24.714 Billion USD Price: $0.17 USD 1hr...
Below is the list of coins you can trade using GCrypto: USDC (USDC) Bitcoin (BTC) Ethereum (ETH) Tether (USDT) Uniswap (UNI) Chainlink (LINK) Aave (AAVE) Basic Attention Token (BAT) The Graph Token (GRT) Enjin (ENJ) *Note: Buy function is currently not available for ENJ ...
This false dichotomy is why so many potential crypto-enthusiasts haven’t started to get involved in the ecosystem. Option 1: Exchanges Custody cryptoassets in a centralized exchange, giving up your freedom, control, and on-chain access in return for relative security, simplicity, and ...
A crypto portfolio is very similar to a stock portfolio. In simple words, It is a basket of different crypto assets. Instead of investing in stocks or real estate, your money is invested in multiple digital assets to generate passive income. Of course, y
Crypto income in the fast-moving world of digital finance is one of the latest buzzwords doing the rounds. Basically, crypto return or profit is generated from various activities inside the ecosystem, includingstaking, lending, and trading. Of these, staking has been the most popular and accessi...
PYUSD enters a stablecoin market dominated by Tether (USDT) and USD Coin (USDC). Like PYUSD, both of these stablecoins areERC-20 tokensthat operate on a similar 1:1 USD-backed model. For the moment, whilePYUSD is limitedto the Ethereum and Solana blockchains, USDT and USDC have addi...