The emergence of Bitcoin (BTC) in 2009 as the first cryptocurrency and a payment solution initially came with mixed feelings among financial and economic experts. However, the success and acceptance of Bitcoin have led to the emergence and development of new crypto projects, such as Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple's XRP, Monero, and more.
A critical aspect of this digital currency is its storage, usage, and acceptability. Crypto assets have been seen as the currency of the future. Hence, the extent of its influence and relevance in the world economy remains unknown. Crypto assets are the best alternative to the conventional and traditional [...]
Cryptopia is arguably one of the most prominent cryptocurrency scams of this decade. The losses sustained on account of this crypto scam make it one worthy of note and one to pick lessons from against future occurrences of such scam schemes.
Although, unlike many Crypto scam schemes, the signs signify that Cryptopia was initially not intended to be a scam scheme. This Crypto platform was on the rise and moved gradually up the ladders before it came crashing down. Their schemers designed many cryptocurrency scams that have peaked the news to ploy people into the loss of their crypto assets from the onset. The Bitcoin rush scam of South Africa for [...]
One of the most outstanding properties of cryptocurrency lies in its decentralization. Decentralizing is a way of involving all the members of a crypto network in the decision-making process of the network.
A decentralized Bitcoin exchange network means that the critical decisions are made by all network participants, and not a separate central authority. The advantages embedded within a decentralized network are numerous, as this form of exchange holds many prospects. One notable advantage of a decentralized Bitcoin exchange network is the security of investor funds. With a decentralized exchange network, a trader does not need [...]
Choosing an appropriate cryptocurrencies exchange for leveraged trading is hard – as there are barely any of them. However, the selection between the few options can often make or break a traders career before it's even started. With the continued growth of cryptocurrencies and the emergence of multiple exchanges, finding the perfect exchange is often a daunting task, especially if you want to trade with leverage. In the recent past two particular exchanges have gained significant prominence in the industry, they are BitMEX (as market leader) and Deribit (as new challenger). In this article, we are going to look at a critical comparison between these two exchanges.