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Crypto Wallets for Beginners: What You Need to Know

  Once you’ve purchased cryptocurrency, you need to decide how you want to store it. Here, we break down crypto wallets. Summary Owning cryptocurrency requires using a crypto wallet to store your funds. There are many different types of crypto wallets. A crypto wallet can be hosted online, or it can be software downloaded on your phone or computer or a specialized piece of hardware, among other options. Regardless of the crypto wallet type, they all store public and private keys which control the associated crypto and allow you to send and receive cryptocurrency. Transactions are then completed on the blockchain using the keys held in your wallet. Contents Understanding Crypto Wallets Hot Wallet, Cold Wallet, or Both? Custodial vs. Non-Custodial Wallets Different Types of Crypto Wallets Wallet Security Best Practices Choose the Best Crypto Wallet For Your Needs Understanding Crypto Wallets There is no perfect  crypto wallet , each different type of crypto wallet has pros and cons. Some

What Are Central Bank Digital Currencies (CBDCs)?

  CBDCs are not cryptocurrencies, even if built on blockchain. They are centralized — controlled by central banks — while crypto is famously decentralized Summary Central banks are responding to the rise of cryptocurrencies and other digital payment technologies by exploring adoption of central bank digital currencies (CBDCs). A CBDC is a digital representation of central bank-issued money that can be built on a blockchain or distributed ledger. Despite potentially sharing some architecture with cryptocurrencies, CBDCs are not considered cryptocurrencies because of certain technical differences and because they are controlled by a central authority. Contents Central Bank Digital Currency Isn’t Crypto Characteristics of CBDCs A  central bank digital currency  (CBDC) is a digital representation of a country’s government-issued, central bank-controlled money. CBDCs are different from the digital reserves and settlement account balances that  central banks , commercial banks, and other fin

Pros and Cons of Automated Trading Systems

  Are you ready to trust your trading strategy to bots? Read about the advantages and disadvantages of algorithmic (algo) trading. Summary Automated, or algorithmic (algo), systems across all asset classes execute pre-set orders that can exclude the influence of human emotion or market swings. This is one advantage of algo trading, as emotional trading can result in overtrading, which in turn can trigger losses. Another benefit of algo trading is that a computer-managed system lets you trade multiple accounts and strategies simultaneously. Algo trading can help to reduce the incidence of mistakes made by humans when placing trades and can identify profit and loss (P&L) opportunities much faster than a human trader. Algorithmic trading is not for novice traders. It relies on expensive, complex software and takes place primarily at large investment banks, hedge funds, proprietary trading firms, and regulated cryptocurrency exchanges. Contents Advantages of Automated Trading Systems D

Injective Protocol (INJ): A Cross-Chain Trading Powerhouse

  Injective Protocol (INJ) is a Layer-2 DeFi protocol designed for cross-chain derivatives trading. Summary Injective Protocol facilitates cross-chain derivatives trading on Cosmos, Ethereum, and several other Layer-1 blockchain networks. Injective’s decentralized exchange (DEX) makes use of several cutting-edge technological innovations that afford robust network speed, exceptional security, and a high degree of decentralization. Injective Protocol enables gas-free trading through its Layer-2 sidechain and is powered by its native utility and governance token INJ. Contents Injective Protocol Exchange Structure The Role of INJ Tokens Within the Injective Protocol Ecosystem Key Technical Components of Injective Protocol Injective Protocol Smart Contracts Injective Protocol’s Vision For Tomorrow Injective Protocol Exchange Structure Injective Protocol (INJ) is a decentralized exchange (DEX) protocol that offers advanced features like cross-chain  margin trading ,  derivatives ,  Forex (F

Stellar (XLM): Powering Borderless Financial Systems

  Stellar was built for speed and scale to further financial access and inclusion across borders. Summary Stellar is a decentralized, open blockchain network that connects global financial infrastructure. As a mature chain, with live use cases easily bridging the digital and fiat worlds, Stellar has more than 4.8 million accounts — and has processed more than 1.5 billion operations since its launch in 2015. On the Stellar payment network, businesses and developers benefit from near-instant settlement and transaction fees of fractions of a cent. Contents Stellar Network (XLM): Setting a New Global Payment Standard Powered by the Stellar Consensus Protocol (SCP) Enhanced by Stellar Network’s Built-In Features Stellar Blockchain: An Interoperable, Connected Financial World Stellar Network (XLM): Setting a New Global Payment Standard Each year, billions of U.S. dollars in value are transferred across borders, most notably through personal remittances. Most often, these remittances are sent