Beginners Guide - Cwallet Blog (Page 4)

Top 5 Features Of The Best Crypto Wallet

A crypto wallet is an essential part of cryptocurrency & the blockchain. The crypto wallet holds the private keys of the crypto assets, which exist on a blockchain network. You can begin your journey without worrying about asset security if you're a beginner by downloading the CCTIP Wallet

Crypto Loan

Crypto Lending and Borrowing - How Does it Work?

A crypto loan is a secured loan through which your crypto assets are used as collateral to get liquidity from a lender, which you would repay in installments. You receive your cryptocurrency back at the conclusion of the loan period as long as you complete your payments

Beginners Guide

Wash Trading in Crypto: What It Is and How to Avoid It

Wash trading is a market manipulation strategy traders use to impact an asset's trading activity and price. Typically, one or more cooperating agents execute a series of deals without considering market risks, resulting in no change in the hostile actors' initial position.

NFT Metadata

What is NFT Metadata?

NFT metadata is the data that gives general information about other data; this includes the name, description, & other elements deemed necessary by the author of an NFT. Since NFT marketplaces use metadata to show NFTs to buyers and sellers, metadata must be in a format...

Blockchain Technology

What is Blockchain-as-a-Service (BaaS)?

As a result of the commercial interest in implementing blockchain technology and extending its benefits to a broader business community, the technology is being offered through an "as-a-service" business model known as Blockchain-as-a-service.

Crypto Trading

Margin Trading: What Is It and How Does It Work?

Margin trading in cryptocurrency is a trading activity that allows traders to get more exposure to a certain asset by borrowing funds from other dealers on an exchange or from the exchange itself

Bitcoin

Can Bitcoin Effectively Function As A Legal Tender?

Bitcoin is a decentralized currency, not subject to the politics or economics of any country; also, it is impossible to print (or, in this case, mine) more than 21 million Bitcoin; hence, the supply is deflationary

Initial Game Offering

Everything You Need to Know About Initial Gaming Offerings (IGOs)

Initial gaming offerings (IGOs) are essentially initial public offerings (IPOs) that involve video game stocks instead of non-video game stocks. They're quickly becoming an increasingly popular way to invest in the blockchain gaming industry.

Crypto Bear Market

Is it Really Safe To "Buy the Dip" ?

Buying the dip is only beneficial if you have a long-term mentality because if you buy the dip at the wrong time, your investments may be caught up in the bearish run, and your strategy of buying the lows of the market may be defeated as you may have only bought a mid-point.

Beginners Guide

Are Crypto Faucets Scams?

While some bad apples are out there, most crypto faucets are not scams. However, it is important to remember that you will not get rich quickly by using them. So if you're looking to make quick and easy money, you're better off finding another way.

Crypto Guide

Best ways to earn cryptocurrency during the dip

- Play-to-Earn (P2E) ecosystem - Move-to-Earn (M2E) ecosystem - Rent-to-Earn (R2E) ecosystem - Staking - Yield Farming - Airdrops and Giveaways - Get a Crypto/Blockchain Job

Crypto Trading

Crypto Tax Returns: How to Calculate and File Them

when you sell or trade cryptocurrency, you are subject to paying taxes on the capital gain. To calculate your tax liability, you will need to know the purchase price (cost basis), sale price, and any fees associated with the transaction.

cryptocurrency

Risk Management in Cryptocurrency: Tips & Tricks

Understanding the numerous risks associated with the cryptocurrency market is critical to building a well-balanced portfolio. However, it is crucial to realize that you cannot totally eliminate the risk associated with cryptocurrencies, as human errors and other factors can also be risked.

Web 3.0

Web 3 Careers To Save You From Recession

Of course, there is no limit to the available roles in a Web3 company; however, some roles are in demand more than others, particularly software development, content marketing, and data science.

Fan Token

Fan Tokens: Everything You Need To Know

Fan tokens are digital assets that make it possible to monetize the bonds between sports fans & their teams. Holders of fan tokens have access to a range of membership benefits related to fans, including the ability to vote on club decisions, receive rewards & merchandise, customize accessories, ..

Beginners Guide

Crypto Investing vs Crypto Trading: Are they the same?

Traders typically seek instant profits, while investors focus on the long game. However, regardless of their differences, one person could be a trader and an investor simultaneously, depending on how well they can combine strategies to achieve increased value from purchased assets.

Beginners Guide

How to Do Your Own Research (DYOR) in Crypto?

DYOR is used to urge users to carry out research and, particularly, to comprehend a crypto project's goal & use case from a fundamental standpoint. DYOR grew in popularity during the rise of ICO projects when fraudulent ICO projects frequently duped investors.

Defi

HOW TO IDENTIFY AND AVOID CRYPTO RUGPULLS

A rug pull is a common cryptocurrency scam that involves creating a new token, and marketing it to develop public interest, thereby pumping the price.

NFT

HOW TO SET UP YOUR NFT PROFILE PICTURE (PFP)

1. Sign in to your Twitter account. 2. Ensure you have subscribed to Twitter Blue. 3. Locate your profile and click on “Edit profile.” 4. Tap on the profile picture icon and select Choose NFT. 5. Select your wallet service provider. 6. Connect your wallet...

Blockchain Technology

CAREERS IN BLOCKCHAIN TECHNOLOGY

...in blockchain technology, these career paths involve using specific skills to either develop blockchain technology or increase its mass usage. 1. Blockchain Developers 2. Technical Writers 3. Data Scientists and Engineers 4. Cybersecurity Specialists 5. UI/UX Designers 6. Marketers

Crypto Trading

What is Peer-To-Peer (P2P) Trading

Peer-to-Peer (P2P) trading offers a new way of direct crypto exchanges between users with little or no interference from an intermediary.

UTXO

UNSPENT TRANSACTION OUTPUT (UTXO) EXPLAINED

An unspent transaction output (UTXO) is the leftover cryptocurrency in a wallet, following a transaction. So, for example, if you have 10 BTC as your Bitcoin balance, it isn’t just a single unit of 10 BTC but accumulated UTXOs of several leftover balances.

ICO

INITIAL DEX OFFERING (IDOs) EXPLAINED

The Initial DEX Offering, or IDO, is an offering that symbolizes any asset maintained on a decentralized exchange (DEX). Tokens are instantly posted on the DEX, via which they are launched in an IDO.

NFT

TIPS AND TRICKS FOR PROFITABLE NFT INVESTMENTS

1. Invest in a Strong Community 2. Roadmap is Important 3. Look Out For Whitelist Mint 4. Know when to Buy/Sell 5. Stake NFT for passive income 6. Find Rare NFTs

Beginners Guide

Beginner's Guide to Staking and Staking Pools

Staking is a mechanism that entails storing funds in a cryptocurrency wallet to help secure & operate a blockchain network. It is the process of locking crypto assets to obtain rewards. Staking consumes less energy than mining because it does not need high computational tools to earn cryptocurrency.