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: Trading
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
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?
Halal Cryptocurrency Trading Bots: Automating Investment Strategies
Understanding Halal Cryptocurrency Trading Bots: What are They? Cryptocurrency trading bots are software programs designed to manage your cryptocurrency trades for you. They analyse market data, execute trades, and operate 24/7, even while you sleep. Halal cryptocurrency trading bots are those that comply with Islamic law, also known as Shariah law. They operate on the… Continue reading Halal Cryptocurrency Trading Bots: Automating Investment Strategies
Evaluating Initial Exchange Offerings (IEOs) from an Islamic Perspective
In the rapidly evolving world of blockchain and cryptocurrency, Initial Exchange Offerings (IEOs) have emerged as a popular method for startups to raise funds. As with any financial activity, Muslims are keen to understand the Islamic perspective on participating in IEOs. This article aims to provide an overview of IEOs and discuss their compatibility with… Continue reading Evaluating Initial Exchange Offerings (IEOs) from an Islamic Perspective
How to Set Personal Financial Goals and Reach Them: A Comprehensive Guide
Setting personal financial goals is a crucial step towards achieving financial independence and stability. This article will guide you through the process of setting and reaching your financial goals, providing practical tips and strategies to help you on your financial journey. Understanding the Basics of Financial Goals Financial goals are objectives you set to guide… Continue reading How to Set Personal Financial Goals and Reach Them: A Comprehensive Guide
Understanding Bitcoin Halving: A Key Event in Cryptocurrency
What is Bitcoin Halving? Bitcoin halving, sometimes referred to as ‘halvening’, is a significant event in the Bitcoin network where the reward for mining Bitcoin transactions is cut in half. This event is hard-coded into Bitcoin’s DNA and is a crucial part of its deflationary nature. The Frequency of Bitcoin Halving Bitcoin halving is not… Continue reading Understanding Bitcoin Halving: A Key Event in Cryptocurrency