A Layman's Guide for those who are entering into crypto currency world.
Impermanent Loss is a pretty common word in the Defi arena. Few people will learn it before investing, others will learn it, the hard way by losing enough. What is Impermanent Loss? Impermanent loss is the loss incurred due to the change in the currency pair’s price after providing the liquidity. Bigger the change, the…
“Decentralized Finance” is often known as Defi in the Crypto world. Before getting more into Defi, let us understand what are the different centralized products available in the real world? Products like Lending & Borrowing, Deposits, Markets, Insurance, etc., to name a few of the financial products offered by many Banks, Financial Institutions, FinTechs, etc.,…
Exchanges do play an important role when it comes to the trading of cryptocurrencies. Cryptocurrency exchanges are mostly divided into two types : Centralized exchanges (CEX) Decentralized Exchanges (DEX) Centralized exchanges are controlled by an entity where users can trade for cryptocurrencies, convert from to FIAT currency, and transfer to their Bank Accounts. Since these…
When it comes to cryptocurrencies, wallets do play an important and major role in storage. Both Hardware and software wallets are available in the markets for storing cryptocurrencies. For today’s article, we would be focusing on Software wallets..!! Below is the list of wallets for today’s article TrustWallet Atomic Wallet MetaMask SafePal TrustWallet : TrustWallet is…
What are Altcoins? This question loiters in everyone’s mind when it comes to cryptocurrencies. Especially to beginners when they are just starting their journey into the crypto world. One point to Ethereum, another to ADA or Tron or some other coin, this becomes quite confusing. This article will help you in understanding the Altcoins in…
Bitcoin is a digital currency built on the top of Blockchain technology. It was invented by a mysterious person named Satoshi Nakamoto. The main idea of Bitcoin is to enable Peer-to-Peer (Person to Person) transactions without the involvement of any Financial institutions thereby reducing the transaction cost. There would be a transaction fee even in…
Off late Blockchain has become a buzz word to many people. With raise in cryptocurrencies like Bitcoin, Ethereum, ADA etc., focus is being made into Blockchain technology. Nevertheless to mention Blockchain has become synonym for Cryptocurrency. When there is a mention of Blockchain, people will simply correlate to Bitcoin or some other crypto currency. So…