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…This series intends to help readers understand how the current monetary system came to be so they can make more informed financial decisions. Key Takeaways: Commodity money, representative money, and fiat money are the three types of money used throughout history.The gold standard was adopted by many countries in the late 19th century but was abandoned during World War I.After the Bretton Woods System quietly dissolved in the 20th century, fiat currency became the dominant form of money.Quantita…
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…Fiat A succinct definition of Fiat FiatLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYFIATCopy linkShare on TwitterShare on FacebookShare on LinkedinFiatFiat money is a currency that has been established as a legal tender, often by government policies. Unlike commodities like gold, fiat money does not have intrinsic value. In other words, the paper money is essentially worthless. Rather, its value is derived from the supply and demand, as well as the trust in the issuing govern…
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Anti-Money Laundering (AML) A succinct definition of Anti-Money Laundering (AML) Anti-Money Laundering (AML)Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYANTI-MONEY LAUNDERING (AML)Copy linkShare on TwitterShare on FacebookShare on LinkedinAnti-Money Laundering (AML)Anti-money laundering (AML) refers to a set of guidelines that prevents illegal income from being disguised as legitimate earnings. In cryptocurrency, it covers any preventive measures designed to inhibit criminals…
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The History of Money, Part 1 — From Barter to Currency A short lesson on the history of money and how society evolved from barter to currency to help you understand the roots of cryptocurrency. The History of Money, Part 1 — From Barter to CurrencyLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYTrading5 Feb 2024|BEGINNERS|6 MIN READThe History of Money, Part 1 — From Barter to CurrencyA short lesson on the history of money and how society evolved from barter to currency …
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…Traders can become someone’s exit liquidity when they trade their money for an asset without the ability to resell it due to various reasons.Full definitionExit StrategyCrucial for managing risk and securing profits, an exit strategy is a plan for selling or liquidating a position in a cryptocurrency to achieve the best possible financial outcome.Full definitionFalse BreakoutA false breakout is common in volatile markets like cryptocurrencies, where the price of a digital asset can move beyond…
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…What Are Stablecoins and How Do They Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins25 Feb 2022|BEGINNERS|5 MIN READWhat Are Stablecoins and How Do They Work?Get the full lowdown on stablecoins, what they are, how they work, where to buy them, and the most popular tokens. Key Takeaways: Stablecoins are designed to maintain price stability and bridge the gap between fiat money and cryptocurrencies. They are pegged to traditional assets like fiat money or gold, mak…
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…What Are Stablecoins and How Do They Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins25 Feb 2022|BEGINNERS|5 MIN READWhat Are Stablecoins and How Do They Work?Get the full lowdown on stablecoins, what they are, how they work, where to buy them, and the most popular tokens. Key Takeaways: Stablecoins are designed to maintain price stability and bridge the gap between fiat money and cryptocurrencies. They are pegged to traditional assets like fiat money or gold, mak…
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…What Are Stablecoins and How Do They Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYAltcoins25 Feb 2022|BEGINNERS|5 MIN READWhat Are Stablecoins and How Do They Work?Get the full lowdown on stablecoins, what they are, how they work, where to buy them, and the most popular tokens. Key Takeaways: Stablecoins are designed to maintain price stability and bridge the gap between fiat money and cryptocurrencies. They are pegged to traditional assets like fiat money or gold, mak…
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Bitcoin (BTC): Everything to Know — Crypto.com Crypto.com's Bitcoin (BTC) hub helps track all things Bitcoin, from the world's fastest-growing crypto app Bitcoin (BTC): Everything to Know — Crypto.comLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyBitcoinBTCBuy BTC on the AppScan todownloadIn the ever-evolving landscape of cryptocurrency, one name stands out as the pioneer that sparked a revolution: Bitcoin. Since its inception in 2008 by an individual or group using the pseudonym S…
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Crypto.com Visa Card: The only card you need Get up to 8% back on spending paid in crypto. No monthly, annual, or ATM withdrawal fees. Crypto.com Visa Card: The only card you needLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyCompare Card TiersCardsinUSDMidnight BlueApply NowRuby SteelApply NowJade GreenRoyal IndigoApply NowIcy White1Rose Gold1Apply NowObsidian1Apply NowPrimeApply NowCRO LockupFree$500$5,000$50,000$500,000$1,000,000CRO Rewards2on Everyday Spending0%2.5%3.5%5%6.5%8%USD …
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