Tiese1967

Oct 11, 2024 06:40

What does the total value locked mean?

Total Value Locked (TVL) is a key metric used in the context of decentralized finance (DeFi) to measure the overall value of assets locked in a particular protocol or a DeFi platform. In the decentralized finance ecosystem, users can lock their...

Karam

Oct 11, 2024 02:43

What is cashTokens?

CashTokens, introduced in a major upgrade to the Bitcoin Cash (BCH) network in May 2023, are a revolutionary feature that enables the creation of tokens, both fungible and non-fungible, on the BCH blockchain. This groundbreaking development opens...

Karam

Oct 10, 2024 12:04

What is trading volume in crypto?

Trading volume in crypto refers to the total number of shares, coins, or tokens that are bought and sold on a specific cryptocurrency exchange or across multiple exchanges within a given period. It represents the quantity of assets being traded...

Karam

Oct 10, 2024 12:03

What is point & figure chart?

A point & figure chart is a type of financial chart used in technical analysis to visualize changes in price over time. Unlike traditional candlesticks or bar charts, point & figure charts represent price movements using X's and O's on a grid. X's...

Imed73

Oct 10, 2024 08:26

How to trade Binance options?

To trade options on Binance, you first need to create an account and go through the verification process. Once your account is set up, you can deposit funds and begin trading. To trade options, you will need to navigate to the "Options" section of...

Goldworthy

Oct 09, 2024 15:21

What is an Iceberg order and how to use it?

An iceberg order is a type of trading order used in financial markets to conceal the full size of a large trade from other market participants. This type of order allows traders to purchase or sell large quantities of an asset without revealing the...

Herring

Oct 09, 2024 12:16

What is kusama(KSM)?

Kusama is a blockchain network that is designed as a canary network for Polkadot, which is a larger blockchain ecosystem. The Kusama network is designed to serve as a platform for developers to experiment with new blockchain technologies and ideas...

ChristopherLinkous

Oct 09, 2024 03:07

Why is a whitepaper essential for a cryptocurrency project?

A whitepaper is essential for a cryptocurrency project because it is a comprehensive document that outlines the project's purpose, goals, technology, and overall strategy. It is often the first point of contact for potential investors, developers,...

Romem1966

Oct 08, 2024 12:33

What are the benefits of decentralized exchange?

A decentralized exchange (DEX) is a peer-to-peer (P2P) cryptocurrency trading service that operates without a central authority responsible for asset storage and swapping. Global Digital Cluster Coin, a reputable blockchain-based entity, wishes to...

EllisBull

Oct 08, 2024 08:55

Climate change in digital currencies

There is growing concerned about the carbon footprint of digital currencies, especially those that use proof-of-work (PoW) consensus algorithms, such as Bitcoin. This is because the mining process for these cryptocurrencies requires a lot of energy...