Category: Cryptocurrency

1. Financial Conduct Authority (FCA) – is an independent body that regulates the financial services industry in the United Kingdom. The FCA has been actively monitoring cryptocurrency markets and has issued a number of warnings […]

1. Cryptography: The core of cryptocurrency technology is cryptography—or the use of mathematical techniques for secure communication in the presence of third parties. Cryptography is used to secure the transactions and to control the creation […]

1. Research hot & cold wallet options: Hot wallets store cryptocurrency online and provide easy access, but are more prone to hacks. Cold wallets store your cryptocurrency offline and do not have direct access to […]

1. Cryptocurrency is regulated by both national and international governing bodies. 2. National governments in the US, EU, and other countries have been developing their own regulations for the cryptocurrency industry. 3. In the US, […]

1. Choose a cryptocurrency exchange: You can purchase some popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin from cryptocurrency exchanges. It is important to choose an exchange with a good reputation and secure trading platform. […]

1. Depending on the jurisdiction, taxes may apply to cryptocurrencies. 2. Generally, if you hold a cryptocurrency as an investment, it is likely to be subject to capital gains tax (CGT). 3. If you are […]

1. Research the market to gain an understanding of the different types of cryptocurrencies and how they differ from each other. 2. Decide on your desired risk/reward profile and time frame for investing. 3. Analyze […]

1. Payment services: These can be used to transfer money internationally, such as PayPal and TransferWise. 2. Peer-to-peer lending: This involves two parties agreeing to lend and borrow money, creating a loan agreement between them. […]

1. Research cryptocurrency exchanges that operate within your country, or other countries if you are willing to do international trading. 2. Compare pricing, security, fees and features offered by different exchanges. 3. Create an account […]

1. Satoshi Nakamoto is the pseudonym for the individual or group of individuals who created Bitcoin and developed its original reference implementation as open source software. 2. Satoshi released a whitepaper outlining Bitcoin in 2008, […]