BestChange project blog
If you are even slightly familiar with the cryptocurrency sphere, you have probably heard the abbreviation DeFi. But not everyone knows what it is and why it is necessary. Today, let's try to uncover this topic.
The vast majority of cryptocurrencies are based on blockchain technology, which involves the formation of blocks of information from all user transactions.
Consensus mechanisms form the foundation of all cryptocurrency blockchains and ensure their security. Let's examine the most common types of consensus algorithms, their similarities, and differences.
In this article, we will talk about decentralized exchanges for operations with cryptocurrency , examine the trading algorithm, and the peculiarities of conducting transactions.
Tether SOL isn’t really a thing because Tether was never converted to the standard used by this blockchain. However, since Tether ERC20 is one of the main types of this token and because Solana supports ERC20, there’s no problem in using USDT here.
Enviable influencer Elon Musk, whose comments often shake the cryptocurrency market, has once again sparked a twofold increase in the meme cryptocurrency Dogecoin. Why did this happen, and what should be done about it?
Polygon is a popular modification used to enhance the regular Ethereum experience in several ways. In particular, it’s used to improve the scalability of this blockchain. Tether, one of the most popular cryptocurrencies, is perfectly compatible with this network.
Whales are the largest representatives of the animal world, so it's logical that in the crypto sphere, this comparison is used to refer to investors with massive token holdings. By analogy, crypto whales are enormous market participants compared to others.
Tether OMNI (EURT) is a stablecoin pegged to the value of the euro at the ratio of 1:1. This variety, in particular, uses the old OMNI standard, a popular way to create new currencies on the basis of the BTC blockchain. It’s a valuable token, so there’s a lot to say about it.
What do you think poses the greatest threat to a novice investor? Unpredictable negative situations? Market manipulations? Or perhaps technical glitches? According to statistics, the investor's main enemy is the fear of missing out, or FOMO.
Tether ERC20 (EURT) is one of the less popular, but still very promising stablecoins. It’s a variant of the Tether pegged to the euro in the 1:1 ratio and applied to the ERC20 standard of Ethereum. There is a lot of potential in this little thing. Sounds interesting? Click for more.
If we highlight the main aspects of the cryptocurrency industry's development by year, then 2021 became the year of NFTs (If we highlight the main aspects of the cryptocurrency industry's development by year, then 2021 became the year of NFTs (non-fungible tokens).).
Tether BEP20 USDT is a widespread variety of USDT used on the Binance Smart Chain. It’s the third-most-popular type of this stablecoin, utilized for many decentralized projects throughout the web.
One of the main disadvantages of cryptocurrencies is their volatility, as their prices fluctuate significantly. Stablecoins were designed to solve this problem by introducing a fiat equivalent into the cryptocurrency space.
Today we look at the most improbable scenarios that could lead to the disappearance of the first cryptocurrency.
The Internet is replete with advertisements promising to make a lot of money without work or risk. But on closer examination it becomes clear that it is likely to be either scammers, or you will be offered not the most honest ways of making money. But is it really that bad?
Before buying crypto coins, crypto investors want to be sure that the transaction will be safe and promising. In this article, let's review the stages of evaluation of any crypto project and the main onchain metrics of blockchain.
Every beginner investor asks questions: where to start, what cryptocurrencies to buy, where to buy them? And any of these questions implies a lot of risks, today we will tell you about the main risks and ways to reduce them.
Today, we will discuss whether cryptocurrencies are capable of completely replacing national currencies.
Blockchain technology emerged more than 14 years ago, opening up new prospects for secure data exchange. Let's delve into how it works and whether it has a future.
Bitcoin is only 14 years old, but as of February 2023, approximately 92% of all coins have already been mined (around 19,279,500), even though it will take over 100 years to mine the remaining 8%. But why is that?
Today we will contemplate the topic of whether the dollar is eternal and which currencies can replace it as the world's main reserve currency.
"Invest $100 and earn $2000 in a week." Usually, financial pyramids hide behind such offers.
We continue to explore the mechanics of earning on the DeFi market. Today, we will examine investments in lending platforms, or in other words, decentralized lending systems.
We will talk about the mechanics of earning on the DeFi market: staking and farming. Let's analyze the risks associated with these approaches.
We will tell you how to send money to Pakistan with credit to a local bank account in Pakistani Rupee (PKR).
Ways to transfer money to New Zealand in local currency with BestChange.
We are launching a series of articles dedicated to the topic of DeFi. In the first piece, we will try to answer the questions about what is required to invest in DeFi and how to go about it.
We will tell you how to transfer money to Malaysia in the Malaysian Ringgit (MYR) local currency.
The Lightning Network (LN) stands as a revolutionary second-layer protocol built upon the Bitcoin blockchain.