Cryptocurrency Blog

Coinstop's Blockchain and Cryptocurrency Blog
NFTs Explained

NFTs Explained

Image source: Unsplash If you possess a creative spark and a willingness to learn, there has never been a better time to onboard a trend. But fi...
Why the Billfodl Only Holds 4 Letters of Each Recovery Word

Why the Billfodl Only Holds 4 Letters of Each Recovery Word

You’ve just received your very own Billfodl in the mail, and you go to set it up, when you realise that each slot only holds four letters. You star...
Is It Too Late To Buy Bitcoin?

Is It Too Late To Buy Bitcoin?

In March 2011, the price of one Bitcoin sat at $1 USD. 10 years has since passed and that same Bitcoin is now worth $55,000 USD. As it continues in...
How to Check If Your Ledger Recovery Phrase Is Correct?

How to Check If Your Ledger Recovery Phrase Is Correct?

(Image source: Unsplash)  In the age of cryptographic blockchain replacing physical bank vaults, security measures have also been decentralized,...
What To Do If You Lose Your Hardware Wallet

What To Do If You Lose Your Hardware Wallet

It’s everyone’s worst nightmare, you go to check your balance or make a transaction and realise that your hardware wallet is missing! You know that...
Your Money Is Losing It's Value & Bitcoin Is The Solution

Your Money Is Losing It's Value & Bitcoin Is The Solution

One of the biggest issues we face with the current financial system is inflation. As more money is printed, particularly in this new COVID-19 era, ...
DeFi 101 - What Is Uniswap?

DeFi 101 - What Is Uniswap?

With the revelation that most brokerage apps are beholden to hedge fund market makers, it is more important than ever to explore alternatives. By l...
DeFi 101 - What are Automated Market Makers?

DeFi 101 - What are Automated Market Makers?

Among many powerful features of digital technology, one of the most exciting ones is automation. From auto-translation to news-summation machine-le...
DeFi 101 - What Are Liquidity Providers?

DeFi 101 - What Are Liquidity Providers?

Although revolutionary, DeFi’s core financial concepts draw from traditional high finance. Once you understand the role of market makers, you will ...
DeFi 101 - What Is Yield Farming?

DeFi 101 - What Is Yield Farming?

As the establishment financial system reveals its rigging in plain sight, more people will seek out alternatives. One of them is DeFi, with its meg...
Why Your Recovery Phrase Is The Most Important Thing To Keep Safe

Why Your Recovery Phrase Is The Most Important Thing To Keep Safe

Ask anyone in the cryptocurrency industry what the most important part of owning crypto is and they’ll answer: owning your own private key. Without...
Do You Really Own The Crypto You Just Bought?

Do You Really Own The Crypto You Just Bought?

So you’ve finally decided to jump on the Bitcoin bandwagon! After some research you decide on the exchange with the lowest fees, and you spend the ...