Cryptocurrency Exchanges
What are Cryptocurrency Exchanges? In order to start buying and selling cryptocurrencies and other digital assets, the most common way is to transact with Crypto Exchanges. Cryptocurrency exchanges are privately-owned platforms that facilitate the trading of cryptocurrencies for other crypto assets, including digital and fiat currencies and NFTs. Centralized Cryptocurrency Exchanges (“CEX”) Centralized cryptocurrency exchanges...
Binance Coin (BNB)
What is Binance Coin (BNB)? Binance Coin (BNB) is a cryptocurrency that can be used to trade and pay fees on the Binance cryptocurrency exchange. The Binance Exchange is the largest cryptocurrency exchange in the world as of January 2018, facilitating more than 1.4 million transactions per second. Users of Binance Coin receive a discount...
Bitcoin ETFs
What are Bitcoin ETFs? Bitcoin ETFs are exchange-traded funds that track the value of Bitcoin and trade on traditional market exchanges rather than cryptocurrency exchanges. They allow investors to invest in Bitcoin without having to go through the hassle of using a cryptocurrency exchange while providing leverage to its price. How Do Bitcoin ETFs Work?...
Bitcoin Halving
What is Bitcoin Halving? Bitcoin halving is the process of halving the rewards of mining Bitcoin after each set of 210,000 blocks is mined. By reducing the rewards of mining bitcoin as more blocks are mined, bitcoin halving ensures that the amount of bitcoin in circulation does not increase exponentially, which also tends to put...
Hard Forks
What is a Hard Fork? In blockchain technology that underpins cryptocurrencies, a hard fork or (hardfork) refers to a radical change to the protocols of a blockchain network. In simple terms, a hard fork splits a single cryptocurrency into two and can results in the validation of blocks and transactions that were previously invalid, or...
