Things you should know about cryptocurrency trading:
How to stay safe and avoid scams, preserve your coins, choose an exchange and much more.
In this section we also cover some trading-related ICO’s and other cryptocurrency projects that may be of interest to traders.
ELI5: How can I buy Bitcoin?
There are many options when it comes to buying Bitcoin. You can buy it directly from friends, on what's generally known as over the counter (OTC) trade. Or you can buy BTC from ex...
ELI5 How did the original Shapeshift work?
The original Shapeshift was one of the most popular and innovative cryptocurrency exchanges. It has since been updated to a dApp that allows users to perform several cross-chain o...
ELI5 How iPayYou.io works
iPayYou.io is an Amazon.com gift-card-for-cryptocurrency trading service.
Currently, iPayYou will buy your gift cards at a fixed rate and pay back in cryptocurrency.
ELI5 AVAX IOU? Is it the real AVAX coin?
November 2020 Update
As of November 18, AVAX price has remained remarkably stable - for cryptocurrency standards.
Chart via Binance
Coincost shows the AVAX IOU slowly dep...
ELI5 What are Tokenized Funds?
Imagine investing in a cryptocurrency token that is automatically tied to an investment fund located anywhere in the world?
Something like owning shares of a startup, but inste...
ELI5 Bitcoin Price Prediction
A lot of newbie investors search for online asset price predictions and then proceed to invest based on those predictions.
In this post I'll present my opinion on why this is a...
ELI5 The Binance Exchange
Binance is a cryptocurrency exchange founded by Changpeng Zhao in China, in 2017.
Although Binance had a late start when compared to Poloniex, Bitfinex and others, it quickly g...
ELI5 Changelly cryptocurrency exchange
Changelly is a non-custodial exchange based in Prague, Czech Republic.
It was one of the first exchanges of its kind, founded in 2016, over a year before the 2017 cryptocurrenc...
ELI5 What is the Avalanche Protocol? [AVAX]
Avalanche is a next generation, post-Nakamoto consensus mechanism which was designed to incorporate the best features of previously existing protocols and add some of its own. Note: Avalanche is both the name of a consensus mechanism and the name of the DeFi platform that was built on top of it. Today, the term Avalanche refers […]
AVAX Staking tutorial – How to begin staking Avalanche [Early AVAX staking, in 2020]
Note: This is an article from Avalanche’s early days, back in 2020, before the mainnet went live! Back then there were no staking instructions available. In fact, we published this tutorial based on our own testnet experience, before it was even possible to move coins on the mainnet!!! We’ve kept this article in its original […]
Avalanche AVAX : An obvious 20x is upon us [Historical BULLSEYE 2020 Avalanche Price Prediction]
Price prediction is the riskiest business out there – and this article may well be the riskiest thing I’ve ever written. But this seems like such an obvious one to me, I’m a bit surprised others haven’t put this out there before. Perhaps everyone’s just quietly filling the bags with Avalanche before it explodes? Time […]
avax-python – Python utils for AVAX cryptocurrency and Avalanche network exploration
avax-python is a Python library and set of utils for the exploration of the Avalanche AVAX cryptocurrency and its network. The crypto.bi avax-python project began as a thin wrapper around AvalancheGo node API, but it now supports several other functionalities such as wallet address and secret phrase generation, network traffic capture, customizable protocol handlers and a lot […]
Coinbase is a US-based cryptocurrency exchange. May also refer to the first transaction in a block, from which the mining rewards are paid.
Localbitcoins was a P2P cryptocurrency enabler. Users trade cryptocurrency between each other using Localbitcoins' regional listings. In February 2023, LocalBitcoins announced it was shutting down.
Online payments processor which used to disallow cryptocurrency purchases. In 2020 Paypal updated their policy to allow crypto trading.
Online retailer. Amazon gift cards are often traded for cryptocurrency.
Amazon Gift Cards
Gift Cards from online retailer Amazon are frequently traded against various cryptos.
IPayYou.io is a cryptocurrency for gift card exchange service.
Avalanche is a consensus protocol introduced by Rocket Team in 2018.
It is an entirely new consensus protocol which builds upon classic consensus and Nakamoto consensus.
AVAX is the cryptocurrency released in 2020 by Ava Labs.
The AVAX cryptocurrency is used for all transactions in the Avalanche network.
IOU means, literally, "I owe you". It's a debt acknowledgement. It's more informal than a check or promisory note. IOU's are often used to trade cryptocurrencies before they're listed on large exchanges.