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Most of us are pretty familiar with trading on a centralized cryptocurrency exchange being unaware of the risks associated with the process. Today’s article is a summary of the top 5 risks associated with these platforms which most of us are unaware of. Before we go any further, a short disclaimer: this piece of content is not written to cause panic or FOMO among readers. For the majority of retail investors, a reputable exchange such…

So far, we haven’t shared an article based on taxation in cryptocurrency, hence today I decided to share some frequently asked questions related to taxes in cryptocurrency. Since we don’t have any clarity as of now regarding the taxes on capital gains (short term & long term) on cryptocurrencies, this article should not be considered as financial advice. I’ve just shared my own experience related to taxation and filing returns on crypto gains & I’m…

The Winter session of the Indian parliament is about to start on November 29. The Finance Ministry has been moving around actively nowadays to regulate the new asset class of Bitcoin and other Cryptocurrencies. On Saturday, the PMO hosted a meeting around the industry to discuss the concerns and growth prospects of the industry. Well, a lot has happened in the last 2-3 days and in between all this news, I thought of filtering down…

Insurance is a word we all know in our daily lives. The basic summary of insurance is “If X happens give us financial protection”. With the soaring prices of Bitcoin, Ethereum & other cryptocurrencies, the risk of hacks and breaches for exchanges are increasing. That’s why many of them have come up with their own methods of insuring users’ funds. In this article, I’ve decided to explain the working of insurance for volatile assets, and…

Trust is a crucial element in decentralized finance. To enforce trust on a peer-to-peer network, Smart Contracts form a crucial part. But not many people in the crypto space understand what they are and how they can help in solving problems without a need for a central authority. In this article, we aim to explain what exactly is a smart contract, and what the technology is capable of doing. The term smart contracts were first…

If you’ve been investing in financial markets then chances of coming across this word are highly possible. So far on our website, we have written plenty of articles about various projects, we’ve explained defi protocols, NFT’s, crypto staking, and a lot more. Even after all that, people who are looking for the basics don’t get to understand the fundamentals and they leave with a mindset of cryptocurrency being too complex for them to understand. This…

First, tell us what is the first thing that comes to your mind when you hear the word wallet? A small pouch or bag where you get to store your physical currencies right. When you receive some money you store it there and when you need to give some money, you take it out from there. The concept is very simple right. Well, the basics of crypto wallets are the same. The only difference is…

Cryptocurrency sounds fascinating to newbies. Often people think that it is all about trading to make money but apart from that, there are ways using which one can generate yields. Today I’m about to share some of those ways. One need not be a veteran or an expert to get started. The rules are very simple and straightforward. With just some basic knowledge about markets, you are all good to go. Nowadays, people from all…

The bull market season of 2021 hasn’t been bad for veterans and new investors in the Crypto Industry other than a few hiccups along the road. Recently, Chainanalysis published a report on their website ranking the global countries based on the adoption of cryptocurrency. The Global adoption of Cryptocurrency has jumped over 880% with P2P platforms Driving masses across tier-2 and tier-3 cities. Before I share my personal opinion, let’s talk about how was this…