Articles

Investment in Ripple

For the Ripple token, as well as for the entire company, the end of 2020 cannot be called successful: the whole story with claims from the SEC managed to get on the nerves of both the company and XRP holders. The XRP price in December 2020 fell to $ 0.2, but at the end of May 2021, against the background...

USDT and its role in cryptocurrency trading

USDT is a stablecoin issued by Tether Limited. For this company, USDT is the most popular and most famous token (there is also the euro token and the yen token), therefore, in the cryptosphere, USDT is often called Tether. Stablecoins are digital currencies, the rate of which is rigidly pegged to fiat currencies, for example, the US dollar or the...

What is Ethereum in simple words

The history of Ethereum dates back to 2011, when a young programmer Vitalik Buterin became interested in blockchain technology and Bitcoin. Buterin presented technical documentation on Ethereum after 2 years and spoke about its capabilities and areas of application. It should be said right away that two different concepts and two names should be distinguished. Ethereum is a blockchain and...

What is a token?

Token are becoming more common with the development of internet technology and digital assets. Today we will figure out what they are, how they can be used and what they are needed for. What is a token? A token is a unit of account used to calculate and display the denomination of a digital asset. Tokens are accounted for using...

What is NFT?

NFT meaning NFT (abbreviation of the English “non-fungible token”) are non-fungible tokens that represent titles of ownership of various digital objects: texts, images, audio recordings, digital works of art, game items or characters, domain names, financial instruments, club cards etc. If cryptocurrencies are conditionally fungible – for example, one bitcoin in one user’s wallet is equal and identical to one...

Crypto arbitrage – Is it possible for a beginner to make money?

Cryptocurrency arbitrage – What is it? Cryptocurrencies have strong volatility, which can increase greatly from time to time. This means that in a short time the rate can change by 10% or more, due to which the rates on different exchanges may differ, opening up opportunities for crypto arbitrage. Cryptocurrency arbitrage is an online purchase of cryptocurrency in one trading...