Crypto Guide - Cwallet Blog

What Are NFT Loans And How Do They Work

This post explains how NFT loans work, their utility, and the benefits they bring to digital asset owners. Non-fungible token (NFT) loans are a relatively new financial concept that leverages blockchain technology to offer liquidity to NFT holders.

Best crypto wallet 2024

How to Transfer From a Crypto Card to Fiat Wallets

In this step-by-step guide, we will walk you through transferring funds from your crypto wallet to fiat currency. Say goodbye to the confusion and hello to easy money. A crypto card, also known as a cryptocurrency debit card, is a physical or virtual card

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

Crypto Trading

Is Copy Trading Profitable?

Copy trading allows newbies and less experienced traders to match the trading performance of pros who have been able to stand the test of time in crypto trading

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.

DAO

What are the Voting Mechanisms in a DAO?

DAOs with huge whales could easily tilt the votes to their favor since they have more tokens to spend. Hence, to counter this inefficiency, several DAO voting models were created

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.

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...

Test networks

WHAT ARE TEST NETWORKS?

A test network (testnet) is an isolated network similar to, but different from the mainnet blockchain and is used for testing. They are used to work out the bugs in your new cryptocurrency implementation before deploying it on the mainnet (the public blockchain)

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.

ICO

Initial Exchange Offerings (IEOs) Explained

An Initial Exchange Offering (IEO) is a cryptocurrency crowdfunding campaign conducted and administered by a centralized exchange (CEX). Unlike an ICO, where tokens are directly distributed by the issuers, tokens issued from an IEO fundraising are immediately listed and distributed on the exchange

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.

cryptocurrency

TIPS ON GENERATING MORE SOCIAL MEDIA SIGN-UPS FOR YOUR CRYPTO BUSINESS

1. Hold Contests 2. Have a Clear Call-To-Action (CTA) 3. Utilize Visual Content 4. Build Content Around Trending Topics 5. Be Entertaining, Don’t Be Boring 6. Engage Your Audience Actively 7. Organize Giveaways

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

NFT

How To Check The Rarity of Your NFT

Rarity determines the peculiarity and distinctiveness of an NFT, which speaks volumes about its inherent value. Rare NFTs are usually more expensive than others in a collection because they have the rarest traits; however, some NFTs are rare because they lack many traits.

Blockchain

WHAT ARE MINING POOLS?

A mining pool involves the collaboration of hundreds or thousands of interdependent miners running the same mining software (client). Since they have cumulatively invested their resources towards mining, they will stand a better chance of earning mining rewards.

Bitcoin

HISTORY OF BITCOIN FORKS

A Bitcoin fork is a new version of bitcoin's open-source software, with an upgrade to its underlying technology... a Bitcoin fork happens when two sets of miners cannot reach a consensus on the blockchain update to follow; hence, the blockchain splits into two versions.