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Yes, you can convert your cryptocurrencies to fiat currency using a cryptocurrency exchange. However, not all cryptocurrency exchanges support fiat currency. Some exchanges only support cryptocurrency-to-cryptocurrency trades. Therefore, you need to choose a cryptocurrency exchange that supports fiat currency. This article will guide you through the process of finding a suitable exchange, including the steps … Read more

A centralized exchange (CEX) and a decentralized exchange (DEX) are two different types of platforms that allow individuals to trade cryptocurrencies. The main difference between the two lies in their organizational structure and the way they handle transactions. Centralized exchanges are run by a central authority, usually a company. These exchanges act as intermediaries and … Read more

For all Bitcoin investors, 2023 has gotten off to a terrific start as the largest cryptocurrency in the world increased in value by more than 33% this month. BTC is currently trading above $23,000 with significant positive momentum as of the time of publication. ETFs related to bitcoin are now performing well as well. Valkyrie … Read more

In Nigeria, the price of a single Bitcoin (BTC) has soared to the equivalent of $37,000 in local naira.Nigeria’s price of Bitcoin has risen to levels much above those of the worldwide market as the country’s central bank continues to encourage the use of digital currency by its people.At the time of writing, 1 BTC … Read more

What is the Cantillon Effect ? The Cantillon effect refers to the way in which the distribution of new money created by a central bank affects different economic groups differently. Named after the 18th-century economist Richard Cantillon, the effect states that new money will tend to flow from the central bank to banks and other … Read more

A tax haven is a jurisdiction that has low or no taxes, making it appealing to individuals or businesses looking to reduce their tax burden. These jurisdictions frequently have lax or opaque banking laws, making it difficult for tax authorities in other countries to obtain information about financial assets held in the tax haven. Bermuda, … Read more

There are two preliminary points to make. First, this is stated as a criticism rather than a normatively neutral descriptive statement. It typically appears in the following type of argument, frequently with premises omitted: it is bad to lack intrinsic value. Bitcoin has no inherent value. So bitcoin is a bad thing. Or perhaps it … Read more

About Silvergate Capital Silvergate serves crypto-related businesses. Through its Silvergate Exchange Network, which connects investor and exchange bank accounts, it assists institutional investors in moving dollars into and out of crypto-trading platforms. What is the root cause of deposit drop? Silvergate was able to withstand such a precipitous drop in deposits because it is not … Read more

Learn how cross-chain bridges operate and how they can be used to transfer cryptocurrencies, NFTs, and other digital assets between different blockchain networks. Discover the most popular use of cross-chain bridges for token transfer, and explore how these bridges can be used for other amazing applications like smart contract conversion and data transmission. How Do … Read more

The cryptocurrency market attracts not only experienced investors but also regular folks who have never purchased bitcoin before. Although bitcoin (BTC) was the first cryptocurrency and is now the most valuable by market capitalization, other coins (altcoins), such as Ethereum (ETH), dogecoin (DOGE), and many more, quickly gained popularity. There are currently 20000 cryptocurrencies, many of … Read more