Soon, MakerDAO will be cutting support for SAI to focus on the upgraded stablecoin, DAI. This means that anyone who holds SAI on an exchange, in a wallet, or has a SAI CDP will need to convert their holdings to DAI. Eventually, MakerDAO will be initiating a global settlement phase, where DAI will be subject
Hmmm… At decentralized exchange sounds kind of cool, I mean.. Bitcoin is so popular because it’s decentralized.. Is it easy to sign up though.. ? *clicks* “Connect an Ethereum wallet to get started.” *clicks* “Download MetaMask” – idk what meta mask is.. that sounds complicated.. maybe some day WTF is MetaMask anyways? It’s usually the
If you’re just getting into Monero mining, you probably find yourself asking the age-old question every good cryptocurrency miner is confronted with: What graphics card should I choose? Choosing a graphics card is by far the most important decision a miner can make. A graphics card decides whether you turn a profit or hemorrage money.
BitMex has great resources for any questions you might have about the exchange, but to get a good summary of fees and features, I’ve summarized everything you really should know before trading. About BitMex: Some of the largest communities in crypto trading are built around the existence of this platform. BitMex set the standard for
Sendwyre announced today their product Wyre v2, which allows crypto purchases with super efficient KYC (know your customer regulations). On Wyre v2, users can purchase Bitcoin, Ethereum, Dai and USDC with Apple pay or Google pay. Wyre v2 is “solving onramps” Purchasing crypto in the U.S. can be a pain. In fact, by the time
Earning interest on crypto is in a sweet spot between profitability and ease of use. In a previous piece, I touched on some platforms that make the process of investing very simple, but exactly how risky can lending crypto assets get? Coinbase holding risk Coinbase is the most regulated of the options. CENTRE (Coinbase &
Decentralized finance (DeFi) is a field in blockchain tech that has gained traction even throughout crypto’s price bubble. A primary reason for this is how everyone can identify with the urge to lend and borrow. There are many ways to earn interest on crypto assets, but these four polished platforms are safe (not financial advice) starting
If you’ve purchased, sold or traded Bitcoin on Cash App, you will need to know where to find the necessary forms to help report for taxes. A draft of an IRS tax form was released today that asks whether or not you’ve dabbled in the virtual currency world. “At any time during 2019, did you
As a nerdy gamer, I was excited to find out that Ethereum lists updates to their network in a similar manner to how Blizzard releases patch notes to World of Warcraft. As long as you know where to look on GitHub and can memorize one acronym, you’ll be ahead of the curve when it comes
After Exodus is installed on your computer, the most important thing to do is to set up security features — including a password and back up for your wallet. You are able to deposit and withdraw without doing so, but if anyone was to access your computer they would be able to send your money
No matter how much effort top exchanges put into making sure your funds are secure, a wallet is the safest place to keep your crypto. Setting up a wallet for the first time can be intimidating but rest assured, Exodus asks for less information than Facebook.
After your Exodus wallet is installed and secured, it’s time to deposit your assets, and to do that you need to enable them. Exodus supports over 100 coins, but they are not all instantly available. Here’s how ot enable assets that are not in the wallet tab by checking some settings.