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Week Five: Inside Limit and Market Orders 🛒
Inside Limit OrdersWhen you place an order to purchase your digital assets, there are two options place the order with 'limit order' or 'market order' within spot exchanges. Limit orders are orders for buying or selling digital assets (or other securities like stocks, bonds, and so on) at a specific exchange rate. Limit orders are widely used for trading securities worldwide on spot exchanges. There are two types of limit orders. Buy Limit Orders Sell Limit Orders Let&apos...
Week Five: Inside Limit and Market Orders 🛒
Inside Limit OrdersWhen you place an order to purchase your digital assets, there are two options place the order with 'limit order' or 'market order' within spot exchanges. Limit orders are orders for buying or selling digital assets (or other securities like stocks, bonds, and so on) at a specific exchange rate. Limit orders are widely used for trading securities worldwide on spot exchanges. There are two types of limit orders. Buy Limit Orders Sell Limit Orders Let&apos...
Week Four: Inside Good and Bad Altcoins 🪙
Inside Good AltcoinsEarlier, we discussed Bitcoin. It was the first cryptocurrency to have the most significant market capitalization. All digital assets other than Bitcoin are called Altcoins. As the name suggests, ‘alt’ means ‘alternative,’ and ‘coins’ means ‘cryptocurrency.’ Some altcoins are decentralized, just like Bitcoin. The need for altcoins was a must. However, Bitcoin has some limitations and drawbacks. Therefore, to deal with it, altcoins were formed in which the developers solve ...
Week Four: Inside Good and Bad Altcoins 🪙
Inside Good AltcoinsEarlier, we discussed Bitcoin. It was the first cryptocurrency to have the most significant market capitalization. All digital assets other than Bitcoin are called Altcoins. As the name suggests, ‘alt’ means ‘alternative,’ and ‘coins’ means ‘cryptocurrency.’ Some altcoins are decentralized, just like Bitcoin. The need for altcoins was a must. However, Bitcoin has some limitations and drawbacks. Therefore, to deal with it, altcoins were formed in which the developers solve ...
Week Three: Inside Hot and Cold Storage 🔐
Inside Hot StorageA cryptography wallet is a place where you store your cryptocurrencies or digital assets. There are mainly two types of cryptography digital asset wallets.Hot Storage WalletCold Storage WalletHot storage means a cryptography wallet runs with the help of an internet-connected system. The most straightforward language is a software tool that helps users send, receive, and store cryptocurrencies. Users can access hot wallets on a mobile phone, a personal computer, or a cloud. P...
Week Three: Inside Hot and Cold Storage 🔐
Inside Hot StorageA cryptography wallet is a place where you store your cryptocurrencies or digital assets. There are mainly two types of cryptography digital asset wallets.Hot Storage WalletCold Storage WalletHot storage means a cryptography wallet runs with the help of an internet-connected system. The most straightforward language is a software tool that helps users send, receive, and store cryptocurrencies. Users can access hot wallets on a mobile phone, a personal computer, or a cloud. P...
Week Two: Inside Private and Public Keys 🔑
Inside Private KeysTwo keys are provided to you when you're getting started with cryptography, private and public keys. Both keys are used together in a pair. Two of the largest cryptocurrencies, Bitcoin and Ethereum, run based on public and private keys, addresses, and balances for sending and receiving funds.Usage ProceduresOne should never share their private keys with anyone. And never lose private keys. Private keys are like a PIN for digital assets. For making transactions in banks...
Week Two: Inside Private and Public Keys 🔑
Inside Private KeysTwo keys are provided to you when you're getting started with cryptography, private and public keys. Both keys are used together in a pair. Two of the largest cryptocurrencies, Bitcoin and Ethereum, run based on public and private keys, addresses, and balances for sending and receiving funds.Usage ProceduresOne should never share their private keys with anyone. And never lose private keys. Private keys are like a PIN for digital assets. For making transactions in banks...
Week One: Inside Bitcoin and Blockchain ⛓
Inside BitcoinBitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain. When Bitcoin was launched, it started trading from $0.0008 to $0.08 per coin in 2010. Today, in 2022, the price of ...
Week One: Inside Bitcoin and Blockchain ⛓
Inside BitcoinBitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain. When Bitcoin was launched, it started trading from $0.0008 to $0.08 per coin in 2010. Today, in 2022, the price of ...