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Tag Archives: Guides

BitYard Exchange Beginner’s Guide: Everything You Need to Know

BitYard is a cryptocurrency exchange that offers both spot and derivatives trading, as well as the ability to copy trade. It is headquartered in Singapore and, according to its official website, accepts traders from more than 150 countries. Traders can buy or sell cryptocurrencies with high leverage or just use the spot exchange. In addition, we will also walk you through the inverse perpetual futures and how they work. Quick Navigation: How to Register a New Account on...

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What is a Decentralized Autonomous Organization (DAO)? Everything You Need to Know

Decentralized Autonomous Organizations (DAOs) are a form of governance systems powered by their community. They can be independent of third parties, and government corporations and they also differ a lot in their business and organizational model from traditional organizations. Quick Navigation What is a DAO? In light of the above, we can pinpoint the following characteristics of a DAO: Non-hierarchical system: As the name suggests, DAOs are decentralized systems owned and...

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What Are CryptoPunks and Why Are They So Expensive?

Non-fungible tokens (NFTs) became a huge trend in the crypto industry throughout 2021. The demand for unique, rare, and scarce tokenized items continues to shoot through the roof at the time of this writing in January 2022. Artists, celebrities, and creators are launching different NFT projects to satisfy the insatiable cravings for the new asset class. But while there are now hundreds if not thousands of non-fungible tokens (NFTs) flying around, with each aiming to become...

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Decentraland Guide and Review: How to Play the Blockchain Game?

Online gaming is arguably one of the best use cases for blockchain-based technology. The ability to assign traceable and verifiable ownership to in-game items provides tremendous capabilities. This concept has grown in popularity, and perhaps one of the first games to pioneer the field was Decentraland. The below is a comprehensive guide on Decentraland – what it stands for, how it was launched, and how to play it in a detailed step-by-step guide. Quick Summary: Name:...

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The Bored Ape Yacht Club (BAYC) NFT Collection: Everything You Need to Know

Non-fungible tokens have been the hottest trend in 2021. They saw global recognition, mainstream adoption, and overall acceptance in and out of the cryptocurrency industry. The astronomic surge in popularity of non-fungible tokens (NFTs) led to a massive demand (and an even higher supply) of various collections, each one with its intricacies and perks. Undoubtedly, one of the most popular NFT collections, which even became the most expensive in terms of floor price as of...

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How to Play Axie Inifnity? A Step-by-Step Guide

Earning money through playing video games is a dream of every gamer, but in the traditional industry, it’s something that only professionals achieve. However, things move fast in the field of cryptocurrencies, and the above is now becoming possible thanks to the P2E (Play to Earn) business model. The combination of blockchain technology and non-fungible tokens (NFTs) implemented in video games is giving crypto enthusiasts and gamers alike the opportunity to earn money by...

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How to Mint Your First NFT on OpenSea? A Step-by-Step Guide

Non-Fungible Tokens (NFTs) are becoming an essential part of the digital landscape. They are unique and non-interchangeable crypto assets issued on the blockchain, and the most popular ones are on Ethereum and Solana. As of 2022, their market has grown from $350 million to roughly $15 billion in just one year. Quick Navigation Unlike standard tokens, NFTs are non-interchangeable. They serve as digital representations of items, such as artworks, images, videos, or anything...

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What is Floki Inu (FLOKI)? Everything You Need to Know About the Trending Memecoin

Dog-coins became one of the most bizarre yet exciting trends within the crypto market in 2021. The meteoric rise of the meme-inspired cryptocurrency, Dogecoin (DOGE), had prompted other developers to create many dog-themed coins, hoping to share in the success story of their predecessor. While many of these projects do not make it to the spotlight, some, like Shiba Inu (SHIB), took the market by storm and even outperformed DOGE on the top 10 largest cryptocurrencies by market...

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Phemex Beginner’s Guide & Exchange Review (Updated 2021)

Phemex is a cryptocurrency exchange that has quickly grown to become one of the most popular trading platforms, providing users with a relatively intuitive interface, a variety of trading pairs, and the ability to trade both spot and with leverage. In this guide, we will offer detailed information on how to trade Bitcoin and other cryptocurrencies with leverage using perpetual contracts. Phemex Security 9.9...

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What is Solana? Guide for Beginners

As innovative as it may be, blockchain technology faces particular challenges, including high fees, scalability issues, low throughput, and more. Several projects in the DeFi space compete to become the first web-scalable blockchain and ensure that users have the best experience by tackling these common issues. One of these, which is gaining traction in the DeFi community, is Solana. This open-source, censorship-resistant blockchain leverages a comprehensive set of...

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