Trading API
This guide offers an in-depth exploration of business trading accounts. We'll review types of business structures, benefits, features, and some essential considerations.
Trading API
A smart contract is a blockchain-initiated contract that is executed digitally once certain conditions are met.
Trading API
HODL or later on for "Hold On for Dear Life" is a strategy among crypto enthusiasts in which the cryptocurrencies are not sold even when there is a period of high volatility.1 HODL is the equivalent term for long-term investing used in equity markets. How did HODL
Trading API
Layer 2 refers to the additional infrastructure that is created alongside the main blockchain networks (Layer 1s) that helps in processing a larger volume of transactions and make the networks accessible to more transactions and/or users.1 Need for Layer 2 One of the biggest problems facing blockchain platforms
Trading API
Liquidity generally refers to the ability to easily purchase or sell an asset without drastically affecting the price.1 Cryptos with a high trading volume tend to be more liquid. What determines liquidity Liquidity is an important parameter while dealing with cryptos. There was a time when trading was limited,
Trading API
In the crypto world, a fork is a change in protocol often used as a system upgrade or to initiate a chain split. The change in the blockchain system is needed to improve performance, enhance security, and include better features. What are the different types of forks? Blockchain works on
Trading API
Gas is another term for the transaction fee for using smart contract-compatible blockchain platforms like Ethereum. The price per transaction is dynamic in nature and depends on the demand and supply of the virtual machines needed to conduct the transaction.1 Why is gas needed? When one makes a payment
Trading API
Web 3.0, also known as the third generation web, is permissionless, decentralized, and draws code designs from open sources.1 By applying advanced features like AI and machine learning, Web 3.0 removes the need for centralized platforms for data exchanges. Features of Web 3.0 The premise of
Trading API
Altcoins or alternate coins is a name given to any cryptocurrency other than Bitcoin.1 Bitcoin was the first crypto to be recognized, and this paved the way for other blockchain technologies to issue their own coins. The term altcoin was a way to differentiate between the market leader and
Trading API
Bitcoin Improvement Proposal #39 or BIP 39 is a system created to generate a mnemonic phrase that can be used to access the private key of crypto wallets. These phrases comprise simple 12-24 easy-to-remember words without which the crypto assets cannot be accessed.1 Significance of BIP39 Remembering the private
Trading API
Staking is the process of providing cryptos for validating a transaction under the Proof of Stake method. While all investors can stake their holdings, only a few of these can validate a transaction, and these validators are selected at random. Advantages of Staking Staking can be a way to generate
Trading API
DeFi stands for decentralized finance and is a financial system that does not involve banks and other intermediaries. DeFi is established using a system of distributed ledgers for implementing blockchain technology in carrying out financial transactions.1 How does DeFi work? In a traditional financial system, a bank or other