Crypto basics

New to crypto? Not for long — start with these guides and explainers

BEGINNER’S GUIDE

What is Bitcoin?

Bitcoin is the world’s first widely adopted cryptocurrency — it allows for secure and seamless peer-to-peer transactions on the internet.

BEGINNER’S GUIDE

What is cryptocurrency?

Bitcoin, Ethereum, and other crypto are revolutionizing how we invest, bank, and use money. Learn more in this beginner’s guide.

BEGINNER’S GUIDE

What is Ethereum?

Ethereum is the second-biggest cryptocurrency by market cap after Bitcoin. It is also a decentralized computing platform that can run a wide variety of applications — including the…

BEGINNER’S GUIDE

What is a blockchain?

Cryptocurrencies like Bitcoin and Ethereum are powered by a technology called the blockchain.

BEGINNER’S GUIDE

How to keep your crypto secure

You can dramatically improve your digital security with just a few easy steps

TAX GUIDE

Understanding your crypto taxes

Not sure if you owe taxes on your crypto? Learn how using crypto this year can affect your U.S. taxes.

BEGINNER’S GUIDE

7 biggest Bitcoin myths

Look at some of the biggest myths and misconceptions people tend to have about the world’s…

GLOSSARY

Don’t let FUD give you FOMO or you’ll end up REKT — crypto slang, explained

From diamond hands to the flippening, we break down 11 of the most popular pieces of crypt…

BEGINNER’S GUIDE

What is a crypto airdrop?

A crypto airdrop is a strategy used by blockchain startups to distribute tokens or coins t…

BEGINNER’S GUIDE

What are gas fees?

Gas fees are transaction costs on the Ethereum blockchain, paid in Ether (ETH) or its frac…

BEGINNER’S GUIDE

What are Ethereum Layer-2 blockchains and how do they work?

TL;DR: Ethereum Layer-2 blockchains are solutions designed to enhance the scalability of t…

BEGINNER’S GUIDE

What is a stablecoin?

Stablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a…

BEGINNER’S GUIDE

Forex trading vs. crypto: which is right for you?

Forex and crypto trading are both popular financial options with their unique advantages a…

BEGINNER’S GUIDE

What are digital assets?

Digital assets are anything created and stored digitally that has or provides value. They…

BEGINNER’S GUIDE

What is NFT art?

NFT art refers to digital assets stored on a blockchain that represent content or physical…

BEGINNER’S GUIDE

How do cryptocurrency miners work?

Cryptocurrency mining is a process that validates transactions and adds them to a blockcha…

BEGINNER’S GUIDE

What is the difference between a coin and a token?

Coins are digital assets that operate on their own independent blockchain. Tokens are digi…

BEGINNER’S GUIDE

What are the differences between Bitcoin and Ethereum?

Bitcoin and Ethereum are both digital assets, but they aim to serve different purposes and…

BEGINNER’S GUIDE

APY vs. APR: What’s the difference?

APY and APR are two key metrics used to measure compensation from crypto activities. Thoug…

BEGINNER’S GUIDE

What is spot trading in crypto and how does it work?

Spot trading in crypto refers to the process of buying and selling digital currencies at t…

BEGINNER’S GUIDE

What is Dollar-Cost Averaging (DCA)?

Dollar-Cost Averaging (DCA) is a strategy that involves allocating a fixed amount of resou…

BEGINNER’S GUIDE

What are Decentralized Autonomous Organizations (DAO)?

Decentralized Autonomous Organizations (DAOs) are entities with no central leadership, gov…

.

BEGINNER’S GUIDE

What is a memecoin?

Memecoins are cryptocurrencies often inspired by internet memes or trends. They are typica…

BEGINNER’S GUIDE

Proof of Work (PoW) vs. Proof of Stake (PoS): what's the difference?

PoW and PoS are consensus mechanisms used in cryptocurrency networks to validate transacti…

BEGINNER’S GUIDE

What are Decentralized Applications (DApps)?

Decentralized Applications (DApps) are applications that run on blockchain networks, striv…

KEY TERM

What is mining?

Mining is the process that Bitcoin and several other cryptocurrencies use to mint new coin…

BEGINNER’S GUIDE

What are crypto whales?

Crypto whales are individuals or entities that hold large amounts of cryptocurrency. They…

BEGINNER’S GUIDE

What is an NFT rarity ranking?

NFT rarity ranking is associated with the uniqueness or scarcity of a nonfungible token in…

BEGINNER’S GUIDE

What is a governance token?

Mining is the process that Bitcoin and several other cryptocurrencies use to mint new coin…

BEGINNER’S GUIDE

What is blockchain network congestion?

Blockchain network congestion happens when the quantity of transactions surpasses the netw…

KEY TERM

What is Cardano?

Cardano is one of the biggest cryptocurrencies by market cap. It’s designed to a flexible,…

KEY TERM

What is CeFi?

Learn how to earn interest on your savings or take out a loan using crypto as collateral

KEY TERM

What is cryptography?

Cryptography is the study and practice of sending secure and encrypted messages between tw…

KEY TERM

What is a bull or bear market?

Markets experiencing sustained and/or substantial growth are called bull markets. Markets…

KEY TERM

What is a fork?

A fork happens whenever a community makes a change to the blockchain’s protocol, or basic…

KEY TERM

What is inflation?

Inflation is the process by which a currency like the dollar or Euro loses value over time…

KEY TERM

What is Dogecoin?

DOGE was created as a lighthearted alternative to traditional cryptocurrencies, but it’s b…

KEY TERM

What is market cap?

Market capitalization is the total value of all the coins that have been mined.

KEY TERM

What is Polkadot (DOT)?

A beginner’s guide to the Polkadot protocol

KEY TERM

What is Polygon (MATIC)?

A beginner’s guide to the Polygon network

KEY TERM

What is a token?

Technically, “token” is just another word for “cryptocurrency” or “cryptoasset.” But incre…

KEY TERM

What is an ETF?

Exchange-traded funds — better known as an ETFs — are similar in many ways to mutual fund…

2024 NebAfrica©. All Rights Reserved.