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 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.
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 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...
Shapeshift is one of the most popular and innovative cryptocurrency exchanges.
Founded in 2014 by Erik Voorhees, the service allows users to submit one cryptocurrency to a spe...
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...
Generate AVAX addresses and keys from a mnemonic phrase in Python
avax-python – Python utils for AVAX Avalanche network exploration
avax-python is a Python library and utils for the exploration of the Avalanche AVAX network. Includes an implementation of basic AVAX API calls. Installation Clone the git repo and run scripts within the downloaded avax-python/ subdirectory. If you don’t have a git client available, you may download a ZIP archive instead. Examples Generate Random Mnemonic Phrase (Generate Wallet) From the avax-python root […]
ELI5 What is the Avalanche Protocol? [AVAX]
Avalanche is a consensus mechanism which aims to combine the best features of previously existing protocols. If you’ve tried to understand the Avalanche consensus protocol paper, then you may have stalled when you ran into technical terms like metastability, Byzantine adversaries, leaderless Byzantine fault tolerance, among others. Here I’ll try to summarize, in very simple […]
Avalanche AVAX : An obvious 20x is upon us [Avalanche Price Opinion]
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 […]
Concepts In This Page
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.
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 is a P2P cryptocurrency enabler. Users trade cryptocurrency between each other using Localbitcoins' regional listings.
Online payments processor which used to disallow cryptocurrency purchases. In 2020 Paypal updated their policy to allow crypto trading.
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.