Category: Cryptocurrency

Cryptocurrency is largely unregulated and decentralized, however, some countries have taken steps to regulate or ban cryptocurrency activity. In the US, for example, the SEC (Securities and Exchange Commission) has issued guidance warning investors against […]

1. Pump and Dump Scams: Avoid any cryptocurrency that is heavily promoted as being the “next big thing” and avoid investing in a coin before doing your own research. 2. Phishing Scams: Be wary of […]

Mining is the process of discovering new cryptocurrency by solving complex mathematical problems using computer hardware. It involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The person who discovers […]

To buy, sell, and store cryptocurrencies, you will first need to set up a cryptocurrency exchange account. Most reputable exchanges are well-regulated and require identification to comply with anti-money laundering laws. Once you create an […]

Cryptocurrency trading is the buying and selling of cryptocurrencies through an exchange platform. To start trading cryptocurrency, you need to create an account on a cryptocurrency exchange that supports the currency pairings you want to […]

The most common way to acquire cryptocurrency is through an exchange that specializes in cryptocurrency trading. You can also purchase cryptocurrencies directly from certain services. Depending on the method you use, you may be required […]

Yes, there are potential tax implications for holding or trading cryptocurrency. Depending on the country, cryptocurrencies may be subject to capital gains taxes, income taxes, and other forms of taxation. For example, in the U.S., […]

1. Use a hardware wallet – Even if your computer is hacked, a hardware wallet provides an unprecedented level of security for cryptocurrency storage. 2. Store your funds in a cold storage wallet – Cold […]

1. Supply and Demand: The law of supply and demand states that prices are determined by the balance between available supply and the amount of people willing to buy it. When demand is high and […]

1. Security: Decentralized currencies are more secure, as there is no centralized point of authority where funds can be stolen from. 2. Transparency: All transactions made in a decentralized currency are recorded on a public […]