At the moment, Ethereum has a current value of ₦838,563.61 Naira. This price is not constant and can fluctuate rapidly, often in response to market conditions and other factors. This means that the price of Ethereum can change quickly within a short period of time, making it a highly volatile asset. The price of Ethereum,…
Dollar-cost averaging, or DCA, is a popular investment strategy used by many cryptocurrency investors. DCA is a method of investing in which an investor buys a fixed dollar amount of an asset at regular intervals over time. This means that the investor will purchase more units when prices are low and fewer units when prices…
Cryptocurrencies are popular in the financial market. Over the years, their prices have risen and fallen dramatically, leading to a lot of speculation on what is driving these changes. Understanding the factors that affect crypto prices can be challenging for those who are unfamiliar with the digital currency market. In this article, we will explore…
USDT (USD Tether) is a cryptocurrency that is pegged to the US dollar. It is classified as a stablecoin, which means that it is designed to maintain a stable value relative to the currency it is pegged to. People use USDT for a variety of reasons, but primarily it is used as a means of…
Cryptocurrency has become a popular investment option for many individuals around the world. However, finding a reliable platform to exchange these digital assets can be daunting. This is where peer-to-peer (P2P) exchanges come in. P2P (peer-to-peer) crypto exchanges are platforms that allow individuals to buy and sell cryptocurrencies directly with each other without the need…
Many people from around the world are now trading cryptocurrencies because it has become very popular. In Nigeria, this trend is no different as many individuals are looking towards crypto trading as a means of making a living. The ability to trade cryptocurrencies from anywhere in the world, coupled with the promise of high returns,…
An unconfirmed cryptocurrency transaction refers to a transaction that has been initiated but has not yet been validated and added to the blockchain. When a cryptocurrency transaction takes place, it needs to be verified by participants in the network, typically through a process called mining. Once the transaction is added to a block, it becomes…
Scalp trading is a short-term trading strategy that involves buying and selling cryptocurrencies multiple times throughout the day. The goal of scalp trading is to make small profits on each trade, but with a high frequency of trades, these profits can quickly add up. Scalp traders typically use technical analysis to identify short-term trends in…