Day trading allows investors to take advantage of short-term price fluctuations in the cryptocurrency market, potentially generating profits within a single trading day. By executing well-timed trades and capitalizing on market momentum, day traders can achieve significant returns...
Lenders typically favour highly liquid assets as collateral to ensure that they can swiftly liquidate them in the event of default, minimizing potential losses. When assessing the liquidity of potential collateral, consider factors such as trading volume, market depth, and exchange availability....
This article aims to provide an updated review of the top 5 crypto lending platforms in 2024. While delving into the intricacies of each platform, we’ll evaluate key criteria such as security, interest rates, supported cryptocurrencies, user experience, and customer support....
Uncollateralized loans represent a form of borrowing in which the lender extends credit to the borrower without requiring any assets as collateral. This means that if the borrower fails to repay the loan, the lender cannot seize any collateral to recover the outstanding debt....
Flash loans are simply loans given to execute a transaction immediately and within the same transaction on the blockchain. This is made possible by smart contracts, which make the whole process automated. Smart contracts help automate the whole lending process, from borrowing to repayment...
It represents the ratio of the loan amount to the value of the collateral provided to secure the loan. For example, if a borrower pledges $10,000 worth of Bitcoin as collateral and receives a loan of $7,000, the LTV ratio would be 70%....
Understanding the differences between fixed-rate loans and flexible-rate loans is essential for borrowers to choose the loan type that best aligns with their financial goals, risk tolerance, and market outlook....
for iPhone, iPad, and other Apple mobile devices, it is important to look for cryptocurrency wallets — especially ones that are compatible with their devices. Cryptocurrency wallets for iOS devices are essential tools for managing and storing Bitcoin securely on iPhones and iPads...
A private crypto wallet (or non-custodial wallet) is a software program or hardware device that allows the creator to securely store the private keys needed to access and manage cryptocurrencies without the need for a custodian....
In CeFi lending, stakers are ‘indirectly’ lending their funds to others. While you stake your funds on the centralized platform, the platforms are permitted to use your assets as they wish. This also includes lending. In CeFi lending, while the CeFi platform is the ‘lender’,...
There is no bigger confirmation of the presence of a bullish market than when Bitcoin sets a new all-time high price; in fact, in a bullish market, several new ATH prices will be set, as crypto prices keep surging...
investors who want to take profits, or cut losses short, usually swap their Bitcoin assets and other tokens to stable coins like USDT, BUSD, and USDC before selling these stable coins for their preferred fiat currencies. Also, day traders, who enter trades every day, can easily lock in profits...