(Non KYC) KYC is an abbreviation for “Know Your Client.” This is a set of norms and laws that allow financial organizations to verify the identification of their customers. KYC laws were initially enacted to combat laundering funds and terrorist activity. For a variety of reasons, cryptocurrency investors choose non KYC exchanges. Even if the exchange doesn’t demand KYC, you must still record any revenue made by your crypto investments on your taxes. Understand that…
Stocks vs cryptocurrency is a question more investors are asking as traditional financial markets collide with the fast-moving world of digital assets. While both are popular ways to grow wealth, they operate on completely different foundations — from how value is created to how risk, ownership, and regulation work. Understanding these differences is essential before deciding where to allocate your capital. In this guide, we break down Stocks vs cryptocurrency in a clear, practical way,…
Introduction to Investing In Cryptocurrencies Investing has always been an important subject to discuss and when it comes to cryptocurrency investing, it’s even more important. A cryptocurrency is a sort of virtual or digital currency which is encrypted, making it nearly impossible to fake or double-spend. A lot of cryptocurrencies feature decentralized systems built on the blockchain system, which is a distributed database maintained by a collection of computers. Custodial vs non-custodial crypto wallets The…
What is Ethereum | Following Bitcoin, Ethereum (ETH) is the next most widely used digital currency. Established in 2015 by Vitalik Buterin and Gavin Wood, Ethereum’s valuation now accounts for around 20% of the $1.1 trillion worldwide digital currency market. Ethereum is described as “a worldwide, decentralized system for money as well as new kinds of applications. ” Dozens of games and financial services operate on the Ethereum blockchain, which is so well-known that other…
GPU mining has become one of the most popular ways of acquiring cryptocurrencies due to how easily accessible the paths for participation have become both for simple users and mining pools. It draws on the potent processing capabilities of high-performance graphics cards, thus being quite versatile for multiple cryptocurrency mining purposes. Such are the challenges: increased hardware cost and surging energy demands, but GPU mining has surely drawn many into this area due to its…
