WAIT. Before we get into it, what is an altcoin? Well, you being here means you already know or have heard of something called Bitcoin. This is the first cryptocurrency to be built. Overtime, people have understood the technology behind bitcoin and the blockchain technology; hence, dived into creating their own coins. Altcoin is any cryptocurrency that is not Bitcoin. The common one include Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), Stellar (XLM) and others. So, all these other cryptocurrencies are known as ALTCOINS; short for Alternative Coins. NOW.…Read More
How to Join Bitcoin in Kenya
If you want to know How to join Bitcoin in Kenya, then it is very simple, but first you must understand the basics. First; what is bitcoin? To not use very complex words and jargon, BItcoin is a digital cryptocurrency. Unlike the normal currencies that people use that is tangible, and you can see or feel it, Bitcoin is not tangible. So then, if you are one of those who love the smell of new notes, then this isn’t for you. I would equit Bitcoin to having an ATM. While…Read More
WHAT DOES BUY THE DIP MEAN IN CRYPTO TRADING?
A common piece of advice for cryptocurrency investors in Kenya is to try to ‘buy the dips.’ But if you’re new to bitcoin investing or unfamiliar with the lingo, you might not know what that means. In short, buying the dips means trying to buy a cryptocurrency, when the market price drops. This lets you get stocks at a lower price, which can help you make more money from your investments. Buying the dip is a form of market timing where you try to predict how the market will move in the…Read More
What is Paxful? Does it Work in Kenya?
Paxful is a leading global peer-to-peer platform where traders even from Kenya can buy and sell cryptocurrencies like Bitcoin, Ethereum, Dogecoin and the rest. Paxful is a Japanese word that means peace, was formerly called Easy-Bitz. The goal while creating the forum was to make Bitcoin purchases easy for everyone who wanted to trade in it. Paxful is by far among the most convenient platform to sell Bitcoins. It offers more than 300 payment methods, contrary to traditional exchanges that have limits on payment means; among the payment methods accepted…Read More
What is Bitcoin $BTC?
Bitcoin, also written as BTC, is the largest and the first cryptocurrency in the world. A cryptocurrency is a digital form of money that exists purely in electronic form; bitcoin is a set of protocols and processes backed by encrypted code. Bitcoin was first invented by a pseudonymous person or group of people going by the name Satoshi Nakamoto. The identity or whereabouts of Satoshi Nakamoto remains a mystery to everyone except for a few speculations that are not reliable. Bitcoin was invented in the year 2008 and was launched…Read More
Is Dogecoin DOGE a Good Investment?
While gauging whether a cryptocurrency investment inKenya is good or not, we look at several factors. Firstly, the initial ethos behind the creation of the coin, or its business proposition. What problem in the society does is it seek to solve? Dogecoin was created as a parody coin; it is sometimes referred to as a joke coin. The ethos behind the Dogecoin is therefore not strong. Secondly, we consider the total and circulating supply. Unlike Bitcoin, Dogecoin has an unlimited supply. Billions of Dogecoin are mined annually, making it highly…Read More
Cardstack integrates Chainlink price feed oracles into its creator payment platform Card Pay
CryptoNinjas » Cardstack integrates Chainlink price feed oracles into its creator payment platform Card Pay Cardstack, a blockchain-powered open-source protocol, today announced it will be integrating Chainlink into Card Pay — a consumer-facing crypto payment and reward platform. Cardstack will use Chainlink Price Feeds to establish accurate and tamper-proof exchange rates on the platform, beginning on the xDAI chain; but with a planned expansion to other blockchains and layer-2 solutions. Most DeFi price feeds today are used for trading and financial product use-cases, focusing on the needs of investors, token…Read More
Cross-chain exchange ChainSwap connects to Solana-based AMM and liquidity provider Raydium
CryptoNinjas » Cross-chain exchange ChainSwap connects to Solana-based AMM and liquidity provider Raydium ChainSwap, a cross-chain asset bridge & application hub for smart chains, today announced a new partnership with Raydium, the leading Solana blockchain-based automated market maker (AMM) and liquidity provider. The collaboration will connect applications for Raydium with EVM chains for ChainSwap, as well as drive Solana to EVM-compatible chains traffic. Unlike other automated market makers, Raydium provides liquidity to Serum’s central limit order book (non-custodial DEX that’s built on Solana). This means that the platform’s users and…Read More
Open DeFi launches DAO to incubate and build multi-chain powered dApps
CryptoNinjas » Open DeFi launches DAO to incubate and build multi-chain powered dApps Open DeFi, a global community of Web3 leaders and DeFi founders, today introduced the Open DeFi DAO (OD DAO), a new open initiative to support Open DeFi’s vision of a cross-chain DeFi ecosystem. The DAO will launch DeFi products across all layer one ecosystems and explore DeFi markets surrounding multi-chain use cases and new digital asset classes, including NFTs, data tokens, and more. DAOs, or decentralized autonomous organizations, are projects that exist as smart contracts on the…Read More
NFT platform Upshot raises $7.5M led by Framework Ventures, CoinFund and Blockchain Capital
CryptoNinjas » NFT platform Upshot raises $7.5M led by Framework Ventures, CoinFund and Blockchain Capital Upshot, a blockchain-based protocol that incentivizes experts to answer subjective questions honestly, today announced that it has raised $7.5 million in Series A funding co-led by Framework Ventures, CoinFund, and Blockchain Capital with additional investments from Slow Ventures, Mechanism Capital, Delphi Digital, CMS Holdings, Stani Kulechov, Kain Warwick, Ryan Selkis, and more. “Upshot’s mission is to capture the value of truth and to give people novel ways to get paid for their unique insights,” said…Read More