Guides

Risebit – A New Generation of Decentralized Platforms

Risebit is a blockchain-based investment platform enabling users to generate returns safely and reliably. Users can choose from different investment plans according to their portfolios and strategies. Moreover, they can be part of an entirely community-centered platform where all members have a say in project decisions. Some of the Risebit services include a decentralized crypto exchange, a lending platform, launchpads, staking, and BUSD investment pools. Risebit has reached its token presales in just half an hour and scheduled the official…

The Risks of Investing in Crypto Projects without Smart Contract Audit

Smart contracts are self-executing contracts that run on blockchain technology. They are stored and verified on the blockchain, which means they are transparent and cannot be tampered with. This makes them a secure way to conduct transactions without needing a third party.  Despite their many advantages, some risks exist with using smart contracts. One such risk is investing in crypto projects that have yet to have their smart contracts audited by a qualified auditor.  Without an audit, it cannot be…

SuperBots Trading in DEX – The Future of DeFi Trading is Here

Trading in decentralized finance is evolving rapidly and empowering people worldwide to access new forms of income. Spearheading this revolution are platforms like SuperBots, a BSC-based protocol enabling users to deposit their capital in vaults for secure and efficient trades on decentralized markets. SuperBots accelerates the mainstream adoption of DeFi trading through high-performance bots that automatically trade for their owners. This way, users can achieve profitable trades, regardless of their experience or skill. Furthermore, the platform does not charge any…

Top Smart Contract Audit and KYC Companies in 2023

It's no secret that business is undergoing fast change. Companies must adapt when new technologies, like smart contracts, emerge to remain competitive. A crucial part of this adaptation process is ensuring compliance with regulations and safety. This is where a company's KYC (Know Your Customer) process or smart contract audit come into play.  To ensure that your company is compliant, working with a reputable smart contract auditor or KYC provider is essential. This blog article discusses the benefits of using…

How Does KYC Work in the DeFi Space?

Decentralized finance (DeFi) has the potential to reach mainstream adoption and empower people worldwide financially. However, without regulations and identity control, it can easily become a platform for scams, fraud, and money laundering. The paradox is that by introducing stricter control on who can access DeFi products, the industry loses its "decentralization" factor. After all, this is what set it apart from traditional centralized finance (CeFi) in the first place. This is where KYC (Know Your Customer) standards come in…

BitYard Review: The One-stop Trading Platform with Perpetual Futures

The crypto exchange market has recently seen the birth of new companies to study before entering the sector. With an ever more comprehensive market offer, it is up to the individual investor to understand the industry’s best operator. Keeping in mind that different traders are better suited to different types of investors, today we will impartially talk about BitYard, a Singapore-born trader. BitYard launched in 2019 as a cryptocurrency exchange that offers a range of services to its customers. One…

How Social Leaders on Shrimpy help Investors Maximize Profits from Crypto Trading

The emerging trend of social trading allows millions of investors to interact with their peers and learn from accomplished traders in the crypto market. Every market participant wants to become a profitable crypto trader and maximize earnings from the ongoing crypto boom. Unfortunately, navigating the highly volatile space while grasping the complex learning curve that involves fundamental/technical analysis can be rather daunting. Becoming successful in the crypto market requires time to develop a working strategy that empowers investors to execute…

Top 5 Smart Contract Auditing Companies

Deploying a smart contract on the blockchain without auditing can quickly spell "suicide" for most projects. Nowadays, hackers are constantly looking for potential code errors and vulnerabilities. Furthermore, most users have the necessary experience to know they cannot trust unaudited DeFi and crypto protocols. Fortunately, no project has to launch unaudited, especially with the abundance of professional auditors in the industry. These experts can check smart contracts in-depth, detect errors or vulnerabilities, and suggest fixes. Simply put, they increase a…

The Differences Between Proof of Work (POW) and Proof of Stake (PoS)

Today, blockchains serve as the primary drivers of all crypto transaction operations in a digital asset. Its foundation is based on different aspects, such as privacy and transparency. Within the blockchain network reside nodes that act as the actual transaction validators. The presence of nodes explains the decentralized nature of cryptocurrencies since no single entity owns the system.  Therefore, node operators oversee every transactional process as they also own a copy of the distributed ledger. However, the operators work with…

10 Ways to start your Crypto Adventure and Earn with Crypto

The urge to get a hold of digital money is exponentially growing as the value of currencies as bitcoin closes in the $57,000 mark. The concept of global mass adoption will soon occur following the fruitful rewards and incomes investors receive from trading with cryptocurrencies. However, like any other venture, you have to be well prepared for any issues you might encounter ahead. Despite being a profitable niche, the crypto space experiences its share of hurdles evolving around financial and…

The Ultimate Beginner’s Guide to Cryptocurrency

Cryptocurrency, most commonly identified as digital money, was first instituted in 2009, with the very famous Bitcoin launch. Litecoin followed launch in 2011, and since then, many more crypto assets have joined the crypto world.  In crypto, the currency is secured by cryptography, thus protected against counterfeiting and double-spending. The host of crypto is blockchain, a decentralized ledger system using state-of-the-art infrastructure.  Recently, the advancements in the crypto world have made many people think of investing in crypto. Beginner investors…

Blockchain Technology – Everything you Need to Know

Anyone in the financial technology space must have heard about blockchain technology. However, not many people know how it works and the technology behind it. Blockchain technology is an invention of an anonymous individual or a group of people under the pseudonym Satoshi Nakamoto which powered the first cryptocurrency, Bitcoin, released in 2008. Technology has been in play ever since. Since blockchain technology release, the IT industry has massively evolved. However, several people are still skeptical due to a lack…

Stablecoins Explained – The Distinct Cryptocurrency Instrument

Data reveals that the overall market cap of stablecoins stands at over $35 B as of January 21, 2021. On top of that, the trading volumes are gradually rising as the crypto instrument closes in the $90 billion marks.  Investing in the digital asset world has become a difficult task for goal-oriented minds. However, the onset of stablecoins has proven to be a useful tool for trading in the market today. Stablecoins can be described as cryptocurrencies tied to other valuable…

A Beginner’s Guide to Bitcoin and Cryptocurrency Mining

When Bitcoin launched in 2009, technological and financial experts wanted to see how a digital currency can function. Satoshi Nakamoto, the currency and blockchain creator, introduced proof of work algorithms designed to mine and increase coin circulation. Many blockchains that launched afterward used crypto mining to release new coins.  Crypto mining is primarily the process of gaining new cryptocurrencies by participating in block validation. It mainly involves solving computational puzzles, adding new transaction records to the blockchain, and creating new…

Beginner’s Guide to choosing the right crypto wallet

Cryptocurrencies are virtual assets meaning they do not exist in the real sense. However, using crypto wallets, coin holders can store and use their reserves. A cryptocurrency wallet refers to a software program that securely holds public and private keys that allow digital currency owners to view their balances, send, and receive coins on a blockchain. Users can view the wallet as their local bank that stores their funds and access them when needed. Therefore, if you are interested in…

Beginner’s Guide: How to pick the right Cryptocurrency Exchange

A cryptocurrency exchange is your entry into the cryptoverse. Through it, you get to conclude all the buying and selling transactions in digital currencies that you'd wish to. Their centrality to digital asset trading underscores the significance of their careful selection. Three key questions should guide you when shopping for an exchange. First, what kinds of deals make the market offer? Second, which features make an excellent cryptocurrency exchange? And finally, which are the beginner-friendly exchanges that every novice should…

A Beginner’s Guide to Ethereum (ETH) ERC-20 Tokens

If you’re new in the crypto space, the concept of Ethereum and ERC20 tokens can be quite mind-boggling. Despite being a blockchain such as Bitcoin, Ethereum has numerous capabilities such as supporting the creation of other tokens and enabling decentralized applications (dApps) to be run on it. Ethereum provides the necessary infrastructure required to create tokens, meaning developers don't have to build an entirely new blockchain.  In creating tokens on the Ethereum blockchain, developers may comply with the ERC-20 smart…

Proof of Stake Coins – How to Earn Cryptocurrency Staking Rewards

In 2009, Satoshi Nakamoto released the first digital coin dubbed Bitcoin, introducing a concept dubbed proof of work, which would be used to mine the coins. Over ten years later, the currency has supernormal value, but the mining process has proven to be a massive risk for the miners. The proof of work systems uses high electricity. Recently, there was introducing a new concept, proof of stake, aiming to solve problems clouding mining.  The proof of stake concept is an…

A Beginner’s Guide to Cryptocurrency Staking – What You Need To Know

Are you a rookie crypto investor? Are you wondering how you can make passive income in the crypto world? There are many ways of earning rewards and interests and maximizing your income in the crypto world, including lending, mining, staking, etc.  Crypto mining, for instance, introduced in 2009, was the first way of earning crypto rewards. Mining participants are supposed to solve complex computations to get a chance at validating transactions and releasing new blocks. However, mining has proven to…

A Beginner’s Guide to Crypto Private and Public Keys

As a beginner in the crypto space, you may be wondering what public keys and private keys are and why you really need them.  Private and public keys are vital in cryptocurrency and blockchain to safeguard transactions. If you’re seeking to enter the crypto space, it’s essential to understand private and public keys. Here’s an in-depth look at each of them.  Understanding Cryptography: The Basic of Private and Public Key Private and public keys are elements of cryptography. Cryptography, also…

10 Tools Every Cryptocurrency Investor Must Have From Day One

The growth of the cryptocurrency world is enormous, and that has been a point of attraction for many investors worldwide to maximize their incomes. However, although highly beneficial, getting things done right when investing in crypto without cryptocurrency analysis tools is not easy.  The processes involved in trading, exchanging, trading, storing, buying, and tracking transactions can be very complicated. Without the right crypto analysis tools, an investor will lose fortunes from trading.  This guide discusses some vital tools that all…

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