Category: Cryptocurrency

Cryptocurrency prices are determined by volunteers participating in a market who buy and sell cryptocurrencies based on the price they believe is fair for the amount of currency being sold. This is known as supply […]

1. Follow cryptocurrency news sites such as CoinDesk and Cointelegraph. 2. Follow social media accounts of key industry figures, organizations and influencers. 3. Use crypto-specific subreddits or chat rooms on Reddit to discuss topics or […]

The most secure way to store cryptocurrencies is to use a hardware wallet like Trezor or Ledger. These wallets are physical devices that store your private keys and allow you to access your cryptocurrencies without […]

Yes, there are several risks involved in using cryptocurrencies, including: – Price volatility: Prices of cryptocurrencies can fluctuate dramatically over time, making them a risky investment. – Security risks: Cryptocurrencies are often targets of hackers […]

1. Low Fees: Most cryptocurrencies have incredibly low transaction fees when compared to traditional payment methods such as credit cards or bank transfers. 2. Security: Cryptocurrency transactions are secured by cryptography, making them virtually impossible […]

One of the best ways to keep track of your cryptocurrency holdings is by using a trusted cryptocurrency portfolio tracking app. Popular portfolio trackers such as BlockFolio and CoinTracking offer comprehensive tracking services that allow […]

Yes, there is risk involved with investing in cryptocurrency. Cryptocurrencies are highly volatile and can experience large swings in price over a short period of time. Additionally, there is the risk of loss due to […]

The best exchanges to trade cryptocurrency would depend on one’s individual needs. Some of the most popular exchanges are Coinbase, Binance, Kraken, Bitfinex, and Bitstamp. Each exchanges offers different features, payment methods and fees, so […]

1. Price volatility: The market can be highly volatile, meaning that prices can sharply rise or fall in a short amount of time. 2. Security risks: Cryptocurrency transactions are irreversible and vulnerable to hacking, which […]

The taxation of cryptocurrencies depends on the country. Generally, most countries treat cryptocurrencies as either property or a commodity for taxation purposes. As such, any profits generated from cryptocurrency transactions are typically subject to capital […]