How do you start trading cryptocurrencies?

What should you look for when you start trading yourself?

How do you store Bitcoins?

There are many stories of people who have lost their Bitcoins. We will be happy to explain how to prevent this.

What is a Bitcoin address?

A Bitcoin address has 25 to 35 characters and always starts with a 1 or a 3.

Who invented Bitcoin?

Wei Dai was a computer engineer who came up with the idea in 1998 to create a digital and decentralized currency, called it b-money.

What are Bitcoin miners?

Recording the network-approved transactions in the Blockchain is called mining. This is done by Miners.

What is Bitcoin?

Bitcoin is a new digital payment method. It is the answer to the question of an alternative payment system that arose after the disastrous financial crises of 2008.

What is Blockchain?

The simplest way is to describe the Blockchain as follows: A Blockchain is a chain of blocks (so-called Blocks).

What is cryptocurrency?

Crypto currency is a generic name for any digital or virtual currency with a limited amount of coins/tokens.

What is een node?

A Node is a computer that keeps track of and updates the entire transaction history.

What are altcoins?

The name Altcoin is a short term for 'alternative Bitcoin'. This generic name covers all other coins.

What are the differences between coins and tokens?

All coins operate through their own blockchain and can be used as a means of payment. Tokens are a kind of shares that lie on top of the used blockchain.

What is an ICO?

ICO is an abbreviation for Initial Coin Offering, or the first coin issue. This means that a person or project will provide the investors Tokens of a new cryptocurrency.

What is the difference between a broker and an exchange?

Crypto exchanges and crypto brokers are both online platforms where you can trade. In general, brokers are more focused on ease of use and security and exchanges more on functionalities.

Crypto definitions

An overview of commonly used crypto terms and their meaning.

What is DeFi?

DeFi stands for decentralized finance and describes a cluster of companies and applications offering financial services using the blockchain technology.