10 Tips to DYOR on DeFi Yield Farms Decentralised Finance (DeFi) has revolutionised the financial landscape by providing open, permissionless, and highly efficient financial services. One of the most popular DeFi activities is yield farming, where users can earn passive income by providing liquidity to DeFi protocols. However, like any investment, it’s crucial to do… Continue reading 10 Essential Tips for Doing Your Own Research on DeFi Yield Farms
Category: Crypto Basics
Why is The Current FIAT Money System Broken?
The Broken Fiat Money System: Examining its Flaws and the Potential Alternatives The current fiat system, which relies on government-issued currencies as a medium of exchange, is facing increasing scrutiny due to its inherent flaws. In this article, we will explore the shortcomings of the fiat system and consider alternative approaches such as the gold… Continue reading Why is The Current FIAT Money System Broken?
How to Trade on Base: Coinbase’s L2 Network
Coinbase, a leading cryptocurrency exchange, has made a significant stride in the blockchain space with the launch of its Layer-2 network, Base. This innovative platform is designed to enhance the scalability and security of Ethereum, the second-largest cryptocurrency network. What is Coinbase Base? Coinbase Base is a Layer-2 network developed by Coinbase, designed to enhance… Continue reading How to Trade on Base: Coinbase’s L2 Network
Embracing the Future: The Rise of Telegram Trading Bots Revolutionising Crypto Trading
The Rise of Telegram Trading Bots In recent years, the use of Telegram trading bots has seen a significant increase. These bots, like Unibot, are transforming the way traders interact with the cryptocurrency market. They offer a range of features that make trading more convenient and efficient, attracting more users to the crypto space. Convenience… Continue reading Embracing the Future: The Rise of Telegram Trading Bots Revolutionising Crypto Trading
Understanding Crypto Slang: Top Cryptocurrency Terms Explained
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
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
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?