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Rug Pull A succinct definition of Rug Pull Rug PullLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYRUG PULLCopy linkShare on TwitterShare on FacebookShare on LinkedinRug PullA rug pull is a scam in the cryptocurrency industry where malicious actors pose as creators or developers of a project with the intention to essentially take all the funding for a project and leave. The term refers to the saying of one having a rug pulled out from under them.With rug pulls, which are prevale…
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…Ethereum’s smart contract capabilities have made it the platform of choice for DeFi projects, which offer services like decentralised exchanges (DEXs), lending platforms, and yield farming. DeFi has grown exponentially, with the total value locked in DeFi protocols surpassing $100 billion at its peak. NFTs NFTs are unique digital assets that represent ownership of a specific item or piece of content, such as artwork, music, or virtual real estate. They are typically built on the Ethereum block…
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Trading Fees A succinct definition of Trading Fees Trading FeesLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTRADING FEESCopy linkShare on TwitterShare on FacebookShare on LinkedinTrading FeesTrading fees are costs that users pay when they engage in transactions on a blockchain network or trade cryptocurrencies on an exchange. When trading on a cryptocurrency exchange, users typically encounter two types of fees: maker fees and taker fees.Maker fees are charged to users who ad…
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How Is Bitcoin Taxed? A Complete Guide for 2024 | Crypto.com How is Bitcoin taxed? Learn everything from how various jurisdictions tax Bitcoin to key tax events and best practices for users. How Is Bitcoin Taxed? A Complete Guide for 2024 | Crypto.comLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyHow Is Bitcoin Taxed? A Complete Guide for 2024 | Crypto.comHow is Bitcoin taxed? Learn everything from how various jurisdictions tax Bitcoin to key tax events and best practices for users. Ke…
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What Are Smart Contracts and How Do They Work? Learn all about smart contracts on Ethereum and other blockchains, how they work, and why they matter for crypto. What Are Smart Contracts and How Do They Work? Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain10 Jan 2023|BEGINNERS|6 MIN READWhat Are Smart Contracts and How Do They Work? Learn all about smart contracts on Ethereum and other blockchains, how they work, and why they matter for crypto. Introduction to Smar…
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What Are Smart Contracts and How Do They Work? Learn all about smart contracts on Ethereum and other blockchains, how they work, and why they matter for crypto. What Are Smart Contracts and How Do They Work? Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain10 Jan 2023|BEGINNERS|6 MIN READWhat Are Smart Contracts and How Do They Work? Learn all about smart contracts on Ethereum and other blockchains, how they work, and why they matter for crypto. Introduction to Smar…
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FUD or HODL? Top Crypto Acronyms to Know The crypto space can sometimes feel like it’s in a world of its own. Familiarise yourself with these crypto acronyms to better understand what people are saying. FUD or HODL? Top Crypto Acronyms to KnowLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins4 Nov 2022|BEGINNERS|5.5 MIN READFUD or HODL? Top Crypto Acronyms to KnowThe crypto space can sometimes feel like it’s in a world of its own. Familiarise yourself with these cryp…
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What Is a Crypto Wallet? A Beginner’s Guide Learn about the different types of crypto wallets on the market, how they work, and which one is best for you. What Is a Crypto Wallet? A Beginner’s GuideLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYDeFi23 Apr 2024|BEGINNERS|7 MIN READWhat Is a Crypto Wallet? A Beginner’s GuideLearn about the different types of crypto wallets on the market, how they work, and which one is best for you. Key Takeaways: Contrary to popular beli…
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TradFi A succinct definition of TradFi TradFiLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTRADFICopy linkShare on TwitterShare on FacebookShare on LinkedinTradFiTraditional finance, commonly known as TradFi, is a conventional approach to financial activities that relies on established institutions, regulations, and intermediaries like banks, insurance companies, and stock exchanges. It encompasses various services like banking, investment management, and asset trading. Key c…
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Custodial Wallet A succinct definition of Custodial Wallet Custodial WalletLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCUSTODIAL WALLETCopy linkShare on TwitterShare on FacebookShare on LinkedinCustodial WalletCustodial wallets are typically used by centralised exchanges (CEXs), which control the wallet for the user. They are easier to use for individuals who do not want to keep track of multiple keys and seed phrases. CEXs typically provide a user-friendly experience, as th…
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