How to Perform a Swap on a DEX
Why use a decentralized exchange? One of the shortfalls of centralized exchanges like FTX, KuCoin, Crypto.com, Gemini and more is that it may take some time before new and hot tokens are listed on them. The main problem with these centralized exchanges is that you can only purchase the tokens along with other retail investors […]
How to Set Up Metamask
With over 21 million users worldwide, its popularity has made the word Metamask almost synonymous with the term “crypto wallet”. In actual fact, Metamask is just one of the myriad of options for crypto wallets. If you want to venture out and explore what decentralised finance (DeFi) has to offer, you will need a crypto […]
What is DeFi?
Decentralized Finance, or DeFi for short, is one of the biggest buzzwords in crypto. The current financial system is referred to as TradFi (Traditional Finance), which includes traditional banks offering lending and borrowing services, insurance, mortgage, wealth planning, investments like Mutual Funds, Unit Trusts and derivatives. The key difference between TradFi and DeFi is the […]
Guide to Crypto.com
What is Crypto.com Exchange? Crypto.com Exchange was launched in November 2019 with majority of its users converted from their Debit Card Product. Crypto.com was initially founded as “Monaco” with an Initial Coin Offering in November 2017. It raised roughly 25 million USD, and rebranded itself in September 2018. The platform also has its own native token, CRO. It […]
Staking UST on Anchor Protocol
One of the easiest ways to earn interest on your crypto is by depositing it into an interest earning account. Some of the more widely used platforms in Singapore include Celsius, Nexo, BlockFi, and Hodlnaut. Another popular method is to stake UST on Anchor Protocol, which offers a staggering 19.5% interest yield for stablecoin deposits. […]
Guide to FTX
One of the most common ways to buy crypto is through a centralized exchange (CEX). Some examples of CEX that are commonly used in Singapore are Coinbase, Crypto.com, Gemini, FTX and Coinhako. The next few lessons will walk you through how to deposit your money from DBS to FTX where you can buy some cryptocurrencies. […]
What is Crypto?
What is cryptocurrency? There are 1001 different iterations out there for Cryptocurrency. But all of them can agree that cryptocurrency is a digital currency that works as a medium of exchange that is both decentralized and encrypted by Cryptography. The value of cryptocurrency is largely derived from the supply and demand of the market. What […]
