Top Crypto Slang, Explained Cryptocurrency has its own language, a collection of jargon, slang, and technical terms that are used by its community. Understanding these terms is essential for anyone interested in the crypto world. Here are some of the top crypto slang terms explained: Understanding these terms will not only help you navigate the… Continue reading Understanding Crypto Slang: Top Cryptocurrency Terms Explained
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What is Cryptocurrency: A Comprehensive Guide to Digital Currency
What is Cryptocurrency? Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies are decentralised and operate on technology called blockchain, which is a distributed ledger enforced by a network of computers, also known as nodes. The purpose of cryptocurrency is to provide… Continue reading What is Cryptocurrency: A Comprehensive Guide to Digital Currency
Spot Trading in Crypto: A Shariah-Compliant Guide to Cryptocurrency Trading
In the world of cryptocurrency, spot trading is a straightforward and Shariah-compliant method of buying and selling digital assets. It involves the immediate exchange of cryptocurrencies at their current market price, also known as the ‘spot price’. This form of trading is in line with Islamic principles as it involves a clear and direct transaction… Continue reading Spot Trading in Crypto: A Shariah-Compliant Guide to Cryptocurrency Trading
What Is Dollar Cost Averaging (DCA) In Crypto?
Dollar-Cost Averaging (DCA) is an investment strategy where a fixed amount of money is invested in a particular asset at regular intervals, regardless of the asset’s price. The goal is to reduce the impact of volatility on the overall purchase of the investment. How DCA Works in Traditional Investing In traditional investing, DCA is often… Continue reading What Is Dollar Cost Averaging (DCA) In Crypto?
Example Model Crypto Portfolios: A Comprehensive Guide
In the world of cryptocurrency, building a well-diversified crypto portfolio is key to managing risk and maximising returns. With thousands of crypto assets to choose from, it can be challenging to decide which ones to include in your portfolio. To simplify this process, we’ve compiled a list of model crypto portfolios that cater to different… Continue reading Example Model Crypto Portfolios: A Comprehensive Guide
Four Tips for Successful Halal Crypto Investing
In the ever-evolving world of finance, cryptocurrency has emerged as a revolutionary form of investment. However, for Muslims, it’s not just about financial gains; investments must also align with the principles of Islamic finance. Halal crypto investing, therefore, requires a unique approach that combines the dynamic world of digital currency with the ethical guidelines of… Continue reading Four Tips for Successful Halal Crypto Investing
Is Crypto Yield Farming Halal or Haram: Are Liquidity Pools Haram?
The decentralised finance (DeFi) space has introduced us to new forms of generating returns from our digital crypto assets. One of these innovative methods, commonly referred to as yield farming, has taken the crypto world by storm. In this guide, we will delve deep into yield farming, explaining its mechanisms, exploring its risks, discussing its… Continue reading Is Crypto Yield Farming Halal or Haram: Are Liquidity Pools Haram?
Islamic NFT Marketplaces: Exploring Opportunities and Challenges in the Halal Digital Asset Space
The non-fungible token (NFT) market is booming, with sales reaching $25 billion in 2021. However, the Islamic NFT market is still in its early stages of development. There are a number of opportunities and challenges associated with Islamic NFT marketplaces. Opportunities The growth of the Islamic NFT market is being driven by a number of… Continue reading Islamic NFT Marketplaces: Exploring Opportunities and Challenges in the Halal Digital Asset Space
Is Bitcoin Halal? Understanding the Islamic Perspective
The question of whether Bitcoin is halal (permissible) or haram (forbidden) under Islamic law is a complex one that has been debated by scholars for several years. There are a number of factors that need to be considered in order to arrive at a definitive answer, including the nature of Bitcoin itself, the way it… Continue reading Is Bitcoin Halal? Understanding the Islamic Perspective
Ripple Triumphs in SEC Case: A New Dawn for XRP
In a landmark decision that has sent ripples through the cryptocurrency industry, Ripple Labs Inc., the company behind the XRP token, has emerged victorious in its legal battle with the U.S. Securities and Exchange Commission (SEC). The case, which has been closely watched by crypto enthusiasts and industry experts alike, concluded with a ruling in… Continue reading Ripple Triumphs in SEC Case: A New Dawn for XRP