Overview of Trust Wallet Trust Wallet is a DeFi wallet that can be used for storing, swapping and staking cryptocurrencies. Being a self-custody wallet, it gives users full control over their private keys. Although it is managed by centralized authority like Binance but enables decentralization of funds due to its non-custodial nature. Multiple payment options … Read more
How Spot Trading Works In spot trading, you buy or sell the crypto assets at market price. The trades are executed immediately through order book system which matches the buy and sell orders. Specifically in spot trading, you fully own the asset and can also hold it for long time. In derivatives trading, you only … Read more
Gemini: Beginner-Friendly Crypto Exchange Gemini is one of the best user-friendly crypto exchanges. It is suitable for new crypto investors who want to manage their crypto assets. Professional traders take benefit of its Active Trader, an advanced trading platform. Gemini supports over 100 crypto assets and multiple derivatives products for trading. Specifically for large-volume traders, … Read more
Overview of Self-Custody Wallets DeFi wallets make decentralization of funds possible which means funds are not controlled by central authority. Users have full control over their private keys and manage their funds. Unlike custodial wallet which is integrated into crypto exchange and do not give access to private keys, self-custody wallet is not integrated into … Read more
Kraken: User-friendly Crypto Exchange Kraken is a reliable crypto exchange with user-friendly interface. It is also among the top crypto exchanges in terms of trade volume. Both the mobile app and desktop platform are easy to use allowing access to over 200 tradable cryptocurrencies. Kraken allows access to spot, margin and futures trading. The security … Read more
OKX: Professional Crypto Exchange OKX is a good rival of Binance, that provides tools and services specifically for advanced traders. Availability of large number of tradable assets and low fees makes this platform ideal for crypto investors. Features like bot trading allow professional traders to earn good profits using specific trade strategies. OKX is suitable … Read more
Binance: The Largest Crypto Exchange Binance is a reliable crypto exchange with diverse user base. At the time of writing this, it has 210 million users across the globe. A major reason for such growth is the comprehensive product offering. Binance provides wide range of tools and services tailored to needs of crypto traders and … Read more
In the past week, many altcoins and also BTC have been performing bad except some of the top stablecoins. There was decrease in prices observed across the market. BTC dominance has been increasing in long-term since 2023 and currently stands at 53.31%. This means, Bitcoin has been performing relatively better than altcoins in long-term from … Read more
Earn with Decentralized Finance DeFi has opened up many opportunities for passive income. Decentralized finance has enabled unique financial services in which the need of centralized authority is eliminated. Smart contracts actually perform the operations in DeFi applications and all transaction data is stored on blockchain which is also a decentralized network. Through DeFi platforms, … Read more
Overview of Decentralized Exchange Decentralized exchanges operate on unique trade system called Automated Market Maker (AMM) rather than relying on centralized order book system. Moreover, users store their funds on self-custodial wallets which may or may not be integrated with DEXs. This means users have control over their private keys for storing funds. These qualities … Read more