Developers created the Bancor blockchain to help provide liquidity for token swaps. It does this by providing economic incentives (money) to users who lock up their crypto in pools. The incentives come in the form of fees paid by traders who buy and sell the locked-up tokens. All of this happens automatically via smart contracts, […]
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Youâve probably heard of non-fungible tokens, or NFTs â and you may have heard that some of them are selling for big bucks. Still, NFTs are somewhat of a mystery to many people, whether they want to invest in them or not. Even for NFT investors, the process of creating an NFT, which is called […]
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As Dogecoin (DOGE) gained huge popularity in 2021, several related, competing coins have sprung up. These are meme coins that are based on the original meme coin that is DOGE. Baby Doge Coin (BabyDoge) has been among the most popular of these coins. DOGE is said to be the âfatherâ of BabyDoge. As of July […]
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A Bitcoin seed phrase is a mnemonic representation of a random number that, through advanced cryptography methods, is one step in creating a private key for a userâs crypto wallet (along with a password and HD path). The phrase takes the form of a sequence of 12 or 24 words that are chosen randomly from […]
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While the U.S. stock market is technically open from 9:30 AM to 4 PM EST every trading day, attentive stock traders know that some hours of the day are more active than others. Traders have a name for that window of opportunity â they call it the âPower Hourâ. Depending on who you talk to, […]
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How many months’ worth of expenses should you have saved in your emergency fund? Here’s what experts are saying â and how to get there.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Litecoin (LTC) is a cryptocurrency created in 2011 by former Google engineer Charlie Lee. It was one of the first âaltcoinsâ â or alternatives to bitcoin. Though itâs built on bitcoinâs original source code and shares certain features with BTC, Litecoin was designed to improve upon bitcoin, especially in terms of transaction speed. Though Litecoin […]
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While most Bitcoin transactions take place online, sometimes cryptocurrency users have physical cash that they want to convert to Bitcoin. In that case, theyâd want to use a Bitcoin ATM. What is a Bitcoin ATM? A bitcoin ATM is a standalone machine or kiosk that serves as a portal for customers to deposit cash and […]
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After the price gains that Dogecoin (DOGE) has seen over the past year, the cryptocurrency has drawn interest from traders, investors, and those who want to mine it. Mining DOGE requires less computing power than some other crypto currencies, like Bitcoin. Hereâs what you need to know about mining Dogecoin: Basics of Crypto Mining Hereâs […]
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Anyone with basic computer knowledge can learn how to set up an Ethereum wallet. Doing so will be necessary to interact with the Ethereum ecosystem or send/receive ETH transactions. There are many different types of Ethereum wallets, and different developers or manufacturers for each type. Setting up an Ethereum wallet is one small part of […]
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