#crypto wallets explained
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anbuselvi1 · 2 years ago
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Top BEST Cold Wallet | Hardware Crypto Wallets for your cryptocurrency
BEST Cold Wallet
A Bitcoin/cryptocurrency wallet is the first step to using Bitcoin or crypto. Why? A “wallet” is basically the equivalent of a bank account. It allows you to receive bitcoins and other coins, store them, and then send them to others. You can think of a wallet as your personal interface to the Bitcoin network, similar to how your online bank account is an interface to the regular monetary…
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prokopetz · 6 days ago
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One of those video game merchants who sells rare and endgame gear in exchange for the ancient coin of a fallen empire, except it's a modern setting, and instead of rare coins the merchant wants keys to abandoned crypto wallets containing a specific defunct cryptocurrency. They won't explain why.
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collapsedsquid · 6 months ago
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Al-Naji explained that purchasing BTCLT through the BitClout platform involved a “totally decentralized” so-called “atomic swap” whereby investors would deposit the crypto asset bitcoin into BitClout’s treasury wallet and receive BTCLT in exchange. This exchange, however, only operated in one direction, meaning that BTCLT investors could not exchange their tokens back into bitcoin or fiat currency (e.g., U.S. dollars) via the BitClout platform. This fact was not explained in the BitClout White Paper. Al-Naji privately explained to an early investor that he viewed this technical limitation as a positive feature of the platform because restricting the ability to sell BTCLT had the effect of driving up its price.
You've heard of write-only memory, now it's time for buy-only assets
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system-of-an-up · 5 months ago
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I'm so clever
Stay safe artists.
How to recognize an art scam?
1. Hi can you draw a picture of my son and his pet? I'll pay you anything what are your prices?
That's the most common question I got several times on other websites. Whether you gave prices or not they won't look into it. They never looked at your account, in fact. They pish you into making high prices for them to get refunded later.
2. They don't follow you, or they didn't like your art a while ago.
When you're commissioning an artist, it's because you enjoy their art. The least you'd normally do is give their art likes, comments, or follow you.
3. Just do it
A normal client would totally understand your suspicions and would prove they're not a scammer by explaining what they like in your art. For example, the choice of color palette, the graphic paw (funny way to say signature style), etc. They can also make you feel guilty about your questions. Don't.
4. They'll insist on a certain payment method that could give them advantages, and/or pay you AFTER.
Okay, let's say you're gonna buy bread. The baker hands you your baguette. You are right in front of them, so it's okay to pay after.
Now, you are asking for a developer to make you a script. They have no guarantee that you are real, nor that you are honest. It's normal for them to ask you to pay them first. Or 50% before 50% in the middle.
If you take PayPal, don't. They have a 180d refund policy, and even if the client was hobest at first, PayPal is by the buyer's side and not yours. It doesn't matter if you did the commission, the buyer CAN be refunded.
Solutions?
KYC. Know Your Customer. Sniff shady customers. But it's not really 100% working.
Use a middleman. This one decreases trust from the buyer's side but someone who has seen your commissions before and trusts you from the beginning wouldn't be too affected.
Make them sign an online contract before the commission. A lawyer can make you one or you can make one yourself. Email them, and if they're not a scammer they would sign it. Then you could contact PayPal in case of refund with this contract that person signed with their REAL information + their username and PayPal acc.
Ask for CRYPTOCURRENCY or set up a private XMR <your crypto currency> wallet. Few people really use crypto though.
DMCA them in case they use your art after refusing to pay you. Keep reverse-searching (Google Lens/Images) your art after getting scammed. As long as you have screenshots of the conversation with the client, you have all rights to do so.
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darkmaga-returns · 2 months ago
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People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will heed the computer’s warnings.
To begin with, there is much speculation about the founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be worth over $81 billion at the time of this writing, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?
They expect us to believe some mysterious Japanese man created the blockchain technology and simply evaded all world governments. They claim Bitcoin is an anti-government vehicle, but it is a bureaucrat’s dream because it allows them to track where funds are coming from and going. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document explains how a government agency could create something like Bitcoin or another cryptocurrency. They had been attempting to create one for years and then magically Bitcoin came on the scene.
I encourage anyone interested in crypto to read my article regarding this study. Blockchain was created with surveillance at the top of mind.
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knuckle · 2 years ago
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Watched this very fascinating interview on NFTs where the guy who downloaded a bunch of them explained that
1) NFTs are often not actual images. They are hyperlinks TO images stored on web 2.0 not blockchain that can be replaced at any time due to being mostly on image hosting sites
2) the Blockchain only feels anonymous because not many people use it. Since everything is visible to everyone the crypto utopia people dream about would be no better than having everyone's bank account transactions visible with a "wallet" name trying to thinly veil anonymity
3) things like doxxing info, revenge porn, etc, can be forced into someone's wallet if someone with enough money time and malice wants to put it there and there is no way you can remove it yourself because of how Blockchain works
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cryptoolivia · 3 months ago
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What is USDT (Tether)? Is it a scam? (A must-read for beginners)
If you're new to cryptocurrency, you've likely heard of "USDT" or "Tether." In the news, phrases like "USDT scam" or "Tether money laundering" frequently appear, causing many newcomers to doubt the legitimacy of USDT. So, what exactly is USDT, and is it a scam? This article will explain what USDT is, its uses, and how to avoid potential scams involving it.
What is USDT (Tether)?
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USDT, short for Tether, is a cryptocurrency issued by Tether Limited. Similar to other cryptocurrencies like Bitcoin or Ethereum, USDT is a virtual currency. What sets USDT apart is its 1:1 peg to the US dollar, making it a "stablecoin." In other words, 1 USDT typically equals 1 USD (with slight fluctuations). USDT is designed to function as a digital version of the dollar and is commonly used as a stable store of value in cryptocurrency trading.
Launched in 2014 under the name Realcoin, later rebranded as Tether, USDT's goal was to offer a digital asset backed by traditional currencies (primarily the US dollar), helping cryptocurrency users avoid the extreme volatility of other digital currencies. Tether operates by claiming that for every 1 USDT issued, the company holds an equivalent value in USD or other assets in reserve, thus maintaining its stable value.
Why is USDT often linked to scams?
USDT itself is not a scam; it is a legitimate cryptocurrency. The reason we often hear about "USDT scams" is that fraudsters prefer to use USDT's stability and widespread use in their schemes.
Because 1 USDT is roughly equal to 1 USD and is widely accepted across major crypto exchanges, scammers frequently use fake platforms or fraudulent investment opportunities to trick victims into buying or transferring USDT. Since USDT can be quickly converted into fiat currency or other cryptocurrencies, it's a preferred tool for scammers. However, this doesn't make USDT a scam in and of itself.
How do scammers use USDT to commit fraud?
Common methods include:
Fake exchanges: Scammers create fake cryptocurrency exchanges to steal users' personal information and funds. They may lure you into buying USDT, but you soon realize that the USDT is either fake or nonexistent.
Impersonating customer service or friends: Through social media or phishing, scammers impersonate customer service representatives or friends, tricking you into buying USDT and transferring it to them under the guise of investment or transaction needs. In reality, your funds vanish.
Phishing websites: Fraudsters create fake websites, appearing identical to official platforms, to trick users into entering their wallet private keys or passwords, enabling them to steal USDT.
How to avoid USDT-related scams?
Use trusted exchanges: Always purchase USDT through reputable cryptocurrency exchanges (such as Binance, OKX, Bitget, gate·io, bybit). These platforms are highly regulated and more secure.
Be wary of false investment opportunities: Any promise of "high returns with zero risk" should be viewed skeptically. The crypto market is highly volatile, and promises of quick profits often signal scams.
Avoid clicking on suspicious links: If you receive unfamiliar links, especially those encouraging you to buy USDT or make transactions, exercise caution to avoid phishing traps.
Does USDT always maintain a 1:1 peg to the USD?
While USDT is intended to maintain a 1:1 peg with the US dollar, slight fluctuations may occur during periods of market stress or loss of confidence in Tether's reserves. However, most of the time, USDT remains stable at around 1 USD.
For other currencies like TWD or HKD, the USDT exchange rate is influenced by market demand. In domestic markets, USDT prices may slightly differ from the direct USD exchange rate, depending on supply and demand dynamics.
Where can you buy USDT?
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Through regulated cryptocurrency exchanges: The safest way to purchase USDT is through reputable global exchanges, which support various payment methods, including bank transfers and credit cards.
OTC (Over-the-Counter) dealers: In certain regions like Hong Kong, you can buy USDT at physical stores. However, exercise caution as not all stores are regulated, and scams do exist.
Avoid private transactions: Refrain from purchasing USDT through unofficial channels or individual sellers, especially those involving cash deals, as these carry high risks of fraud or theft.
Common Questions (FAQ)
How is USDT different from other cryptocurrencies? USDT is a stablecoin, meaning its value is relatively stable (around 1 USD), while other cryptocurrencies like Bitcoin or Ethereum are highly volatile. USDT is typically used as a store of value in crypto trading, while Bitcoin, for example, is more suitable for investment.
Is USDT safe? USDT itself is safe, but due to its popularity, scammers often use it in fraudulent schemes. Always use trusted platforms to purchase USDT and remain vigilant.
Why does USDT sometimes "de-peg"? USDT can experience minor fluctuations when market confidence in Tether's reserves wanes or in times of market stress. However, these instances are usually temporary.
Is USDT a good investment for beginners? USDT is not typically seen as an investment but rather as a stable store of value. It's more like a "digital dollar" in the crypto market, ideal for transferring value rather than speculating.
Conclusion
USDT is not a scam; it's a widely used stablecoin, designed to maintain a 1:1 value with the US dollar. However, due to its popularity, it is often used by scammers as a tool for fraud. To avoid being scammed, always purchase USDT through official channels and be cautious of investment offers. Remember, all investments carry risks, and caution is key to protecting your assets.
Through this article, I hope you now have a clearer understanding of USDT and how to avoid scams involving it. If you have further questions, feel free to reach out.
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sokowachi · 21 days ago
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Demystifying Liquidity Provision, Farming, and Staking: A Practical Guide
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The world of cryptocurrency can sometimes feel like stepping into a maze of complex terms and concepts. "Liquidity provision," "farming," and "staking" might sound intimidating at first, but these activities are more approachable than they seem. They’re not just buzzwords—they’re practical ways for you to make your crypto work for you.
In this article, I’ll break these concepts down, explain how they work, and show you why they matter, all in a way that’s relatable and easy to understand.
Liquidity Provision: Becoming the Market’s Backbone
Imagine you’re at a bustling farmer’s market. For the market to thrive, there needs to be a steady supply of goods for buyers and sellers to trade. In the crypto world, liquidity pools play the role of that marketplace. They’re stocked with two types of tokens, like ETH and USDT, allowing people to trade between them easily.
When you provide liquidity, you’re like a vendor stocking the market with your goods (tokens). In return for your contribution, you earn a share of the transaction fees every time someone trades.
It’s simple: you’re helping the system run smoothly, and you get paid for it. Platforms like STON.fi make it easy to get started with liquidity provision, offering a straightforward way to earn passive income.
Farming: Extra Rewards for Supporting the System
Let’s take the farmer’s market analogy a step further. Imagine the market organizer thanks you for bringing in your goods by giving you bonus tokens as a reward. That’s essentially what farming is.
Once you provide liquidity, you receive LP (Liquidity Provider) tokens as proof of your contribution. By “farming,” you lock these LP tokens into a specific program to earn additional rewards.
For instance, a crypto project might incentivize farming by offering its native tokens as bonuses. The longer you stay in the farm, the more you earn. It’s like a loyalty program that rewards your commitment.
Staking: Locking Up for Long-Term Benefits
Now, let’s say you decide to deposit your earnings from the market into a savings account, locking it up for a fixed period in exchange for interest. That’s staking in a nutshell.
With staking, you lock your tokens into a network to support its operations, such as validating transactions or maintaining security. In return, you earn rewards over time.
Platforms like STON.fi offer unique incentives for staking, such as ARKENSTON (an NFT tied to your wallet) and GEMSTON (a token with governance rights). Staking not only rewards you but also allows you to play an active role in shaping the future of the platform.
How They Work Together
Each of these activities serves a unique purpose:
1. Liquidity Provision: Keeps the trading system fluid and earns you transaction fees.
2. Farming: Boosts your rewards by incentivizing participation with bonus tokens.
3. Staking: Locks your assets for long-term benefits and deeper involvement in the platform’s ecosystem.
You don’t have to pick just one. Many crypto enthusiasts combine these strategies to diversify their earnings and maximize their participation in the ecosystem.
Why Should You Care
You might be wondering, “Why should I get involved?” The answer lies in both the opportunity to grow your crypto holdings and the chance to contribute to the larger vision of decentralized finance (DeFi).
Think of it this way: just like investing in stocks or real estate, liquidity provision, farming, and staking allow you to put your assets to work. The key difference? You’re actively participating in a financial revolution that’s reshaping how we interact with money.
While there are risks involved—such as token price fluctuations or smart contract vulnerabilities—the potential rewards can be worth it. It’s about balancing caution with opportunity and finding the strategies that suit your goals.
Making It Personal: Start Small, Learn, and Grow
Entering the world of liquidity provision, farming, and staking doesn’t require a massive investment or expert knowledge. It’s okay to start small, test the waters, and learn as you go.
For example, when I first tried liquidity provision, I treated it like learning a new skill. I started with a small amount, observed how the system worked, and gradually increased my participation as I gained confidence.
The same goes for farming and staking. Think of them as tools in your financial toolkit—each serving a specific purpose and working together to help you achieve your goals.
Liquidity provision, farming, and staking aren’t just technical terms—they’re opportunities. By understanding these concepts and using them wisely, you can grow your crypto holdings and actively participate in a transformative financial ecosystem.
If you’re new to crypto, don’t let the jargon scare you away. Start with what you’re comfortable with, stay curious, and remember that every small step you take adds up.
Visit the Stonfi Dex now
What’s your experience with liquidity provision, farming, or staking? I’d love to hear your thoughts and answer any questions you might have. Let’s navigate this journey together!
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obanicrypto · 22 days ago
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Understanding Liquidity Provision, Farming, and Staking in Simple Terms
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When it comes to crypto, there are a lot of terms that can feel overwhelming, especially if you're new to the space. "Liquidity provision," "farming," and "staking" might sound like complicated financial jargon, but they’re actually pretty straightforward once you break them down.
In this article, I’m going to explain what these concepts mean, how they work, and why you might want to get involved. If you’ve been looking for ways to grow your crypto holdings or just want to understand how these activities fit into the world of decentralized finance (DeFi), this is the place to start. Let’s dive in!
Liquidity Provision: A Simple Way to Earn from Your Crypto
Imagine you’re at a market. For people to buy and sell goods, there needs to be a steady supply of products—apples, oranges, whatever people are exchanging. In the crypto world, liquidity pools are like that marketplace. They hold two types of tokens (e.g., ETH and USDT) in equal value to allow smooth trading between them.
Now, here’s where you come in. By providing liquidity, you’re essentially helping to stock the market with the tokens that traders need to make exchanges. In return for contributing your tokens to the pool, you earn a share of the transaction fees whenever someone makes a trade.
It’s a win-win situation. You help the market run smoothly, and in return, you get paid! On platforms like STON.fi, liquidity provision is a great way to start earning passive income, just by holding onto your crypto and putting it to work.
Farming: Earning Extra Rewards for Your Support
Once you provide liquidity to a pool, you’ll be given LP (Liquidity Provider) tokens, which represent your share of that pool. Farming comes into play when you take those LP tokens and lock them into a "farm." Think of farming as a rewards program—it’s a way to earn extra rewards just for keeping your tokens in the pool.
For example, let’s say a crypto project wants to encourage more people to trade its token. To do this, they might create a farm on a platform like STON.fi and offer additional tokens as rewards for those who participate. The more you contribute to the farm, the more rewards you get.
It’s kind of like earning loyalty points for making purchases at your favorite store. The longer you keep your tokens locked in, the more rewards you earn. It’s an easy way to boost your earnings on top of the transaction fees you already earn from liquidity provision.
Staking: Locking Tokens for Long-Term Benefits
Staking is another way to earn rewards, but it works a bit differently from liquidity provision and farming. Instead of putting your tokens into a liquidity pool, you’re locking them away for a period of time to help secure a network. Think of it like investing in a savings account: you lock away your money for a certain period, and in return, you earn interest over time.
When you stake tokens on platforms like STON.fi, you don’t have to worry about trading or liquidity pools. Your tokens are simply locked up in a smart contract, and in return, you earn rewards that can’t be earned through liquidity provision or farming.
The rewards for staking on STON.fi include unique benefits like ARKENSTON, an NFT tied to your wallet, and GEMSTON, a community token that gives you access to voting rights in the platform’s decentralized community. Staking is a way to earn long-term value and participate in the growth of the platform.
How They All Work Together
So, now that we know what liquidity provision, farming, and staking are, you might be wondering how they all fit together. Well, each of these activities serves a different purpose in the crypto ecosystem, but they all have one thing in common: they allow you to earn rewards for participating in decentralized finance.
Here’s how you can think about it:
1. Liquidity Provision: You’re helping the market function by making sure there’s enough supply of tokens for trading. In return, you earn a share of transaction fees.
2. Farming: Once you’ve provided liquidity, you can earn extra rewards by locking your LP tokens in a farm.
3. Staking: This is more of a long-term commitment. You lock up your tokens in a staking contract and earn unique rewards, like NFTs and governance tokens.
Each one offers a unique way to earn, and you can participate in all of them to diversify your earnings and be a part of the growing DeFi ecosystem.
Why Should You Care
Participating in liquidity provision, farming, and staking isn’t just about earning rewards—it’s also about being part of something bigger. You’re helping make decentralized finance work, and in doing so, you’re contributing to a system that’s changing the way we think about money and finance.
While there are risks involved (as with any investment), getting involved in these activities can be an exciting way to grow your assets and learn more about the crypto space.
The beauty of crypto is that it allows anyone to participate, no matter how small your starting point is. Whether you're holding a few tokens or a large portfolio, there's a way for you to get involved in liquidity provision, farming, or staking and earn along the way.
Final Thoughts
At the end of the day, liquidity provision, farming, and staking are three ways to put your crypto assets to work. By participating, you’re not only earning rewards, but you’re also supporting the decentralized financial ecosystem that’s changing the world.
If you’re new to this space, take it slow, learn as you go, and remember that every step you take is helping you get more comfortable with how crypto works. Start small, and as you gain confidence, you can explore more opportunities.
I hope this breakdown has helped you understand these concepts a bit better! If you have any questions or want to share your experiences with liquidity provision, farming, or staking, feel free to drop a comment below. I’d love to hear from you!
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graceojuola · 25 days ago
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How Tobi and STON.fi Are Redefining the Future of Crypto Trading
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When it comes to cryptocurrency, there’s one thing we can all agree on: the space is dynamic and constantly evolving. Yet, for many people, navigating this world can feel like being dropped into a bustling foreign market with no map, no guide, and no understanding of the language. That’s where innovation truly shines—not in making things more complex but in simplifying the experience for everyone, regardless of their level of expertise.
Let me introduce you to Tobi and STON.fi—two incredible tools that, together, are redefining what it means to trade crypto. Whether you're a seasoned trader or just starting out, the integration of these platforms offers a seamless, intuitive, and powerful way to interact with the blockchain space.
Understanding Tobi: Your Crypto Concierge
Think of Tobi as your personal assistant for cryptocurrency—a smart, AI-powered bot that operates 24/7 to make trading easier. Available on Telegram, Tobi does everything from helping users swap tokens across different networks to providing access to an integrated non-custodial wallet. In simpler terms, it’s like having a financial advisor who not only offers guidance but also does the heavy lifting for you.
Here’s an analogy: imagine you’re trying to build a bookshelf. Without the right tools, it’s frustrating, time-consuming, and you’re likely to give up halfway through. But if someone hands you pre-measured planks, the exact screws, and a clear guide on how to assemble it, suddenly the task becomes manageable. That’s exactly what Tobi does for crypto trading—it takes something complex and makes it straightforward.
STON.fi: The Engine Behind the Efficiency
Now, let’s talk about STON.fi, the decentralized exchange (DEX) powering Tobi’s ability to execute trades on the TON Blockchain. STON.fi isn’t just another DEX; it’s built on a foundation of speed, scalability, and cost efficiency. By integrating STON.fi, Tobi users gain access to seamless token swaps on the TON network—an ecosystem known for its reliability and innovative approach to blockchain technology.
Think of STON.fi as the highway system in a modern city. Without it, you’d be stuck taking backroads, dealing with unnecessary delays, and paying tolls at every turn. But with STON.fi, transactions are like cruising on a toll-free expressway—fast, efficient, and affordable.
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Why This Integration Matters
To appreciate why this collaboration is such a big deal, it helps to step back and look at the broader picture of traditional finance versus decentralized finance.
In the traditional financial world, most of us are bound by intermediaries—banks, brokers, and centralized platforms. While these systems offer convenience, they often come at a high cost: transaction fees, delays, and, most importantly, a lack of control over your own assets.
Decentralized finance (DeFi) flips the script. Imagine having direct access to all your finances without needing a middleman. It’s like growing your own vegetables instead of buying them from a supermarket—you cut out the extra costs and gain full control. By using STON.fi’s DEX capabilities, Tobi empowers you to trade directly on the blockchain, ensuring that you’re always in charge of your assets.
Making Crypto Accessible for Everyone
One of the things I love most about this integration is how it levels the playing field. For too long, crypto trading has been dominated by those with deep technical knowledge and expensive resources. Tobi and STON.fi are changing that by making the process intuitive and user-friendly.
Here’s an example: imagine teaching someone to drive. Without proper guidance, it’s overwhelming. But if you sit with them, explain the basics, and provide a car with easy-to-use controls, they gain confidence quickly. Tobi acts as that guide, breaking down the complexities of trading into simple, actionable steps.
The Benefits: Why You Should Care
So, what does this mean for you as a trader? Let’s break it down:
1. Speed and Efficiency
Timing is everything in crypto. Missing a trade by a few seconds can mean losing out on a significant opportunity. With STON.fi’s integration, trades are executed in real time, ensuring you’re always ahead of the curve.
2. Cost Savings
Every transaction on a traditional exchange comes with fees that eat into your profits. STON.fi minimizes these costs, so more of your money stays in your pocket. Think of it like shopping at a wholesale market instead of paying retail prices—better deals with less overhead.
3. Security and Control
With a non-custodial wallet integrated into Tobi, you’re always in control of your assets. It’s the difference between keeping your money in a safe at home versus trusting someone else to hold it for you.
4. Accessibility
Whether you’re a beginner or an expert, Tobi’s intuitive interface makes crypto trading accessible to everyone. No jargon, no unnecessary steps—just a seamless experience.
A Vision for the Future
What excites me most about this collaboration isn’t just what it offers today but what it represents for the future. STON.fi isn’t just a tool; it’s part of a growing ecosystem on the TON Blockchain, working alongside projects like Tonkeeper, Punk City, and Tap Fantasy to create a thriving, interconnected community.
Imagine a marketplace where every participant adds value to the system. Developers use STON.fi’s SDK to build new applications, traders gain access to advanced tools, and the ecosystem as a whole grows stronger. It’s like a symphony where each instrument contributes to a harmonious performance.
Final Thoughts
The integration of Tobi and STON.fi isn’t just about making trading easier—it’s about empowering individuals to take full control of their financial journey. Whether you’re here to explore, invest, or build, this collaboration is your gateway to the future of decentralized finance.
Cryptocurrency can feel like uncharted territory, but with the right tools and guidance, it becomes a land of opportunity. Tobi and STON.fi are here to guide you every step of the way, ensuring that you’re not just a participant but a leader in this financial revolution.
So, are you ready to take the first step? Let’s redefine what’s possible together.
All links; https://linktr.ee/ston.fi
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mostafizux24 · 4 months ago
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Crypto trading mobile app
Designing a Crypto Trading Mobile App involves a balance of usability, security, and aesthetic appeal, tailored to meet the needs of a fast-paced, data-driven audience. Below is an overview of key components and considerations to craft a seamless and user-centric experience for crypto traders.
Key Elements of a Crypto Trading Mobile App Design
1. Intuitive Onboarding
First Impressions: The onboarding process should be simple, guiding users smoothly from downloading the app to making their first trade.
Account Creation: Offer multiple sign-up options (email, phone number, Google/Apple login) and include KYC (Know Your Customer) verification seamlessly.
Interactive Tutorials: For new traders, provide interactive walkthroughs to explain key features like trading pairs, order placement, and wallet setup.
2. Dashboard & Home Screen
Clean Layout: Display an overview of the user's portfolio, including current balances, market trends, and quick access to popular trading pairs.
Market Overview: Real-time market data should be clearly visible. Include options for users to view coin performance, historical charts, and news snippets.
Customization: Let users customize their dashboard by adding favorite assets or widgets like price alerts, trading volumes, and news feeds.
3. Trading Interface
Simple vs. Advanced Modes: Provide two versions of the trading interface. A simple mode for beginners with basic buy/sell options, and an advanced mode with tools like limit orders, stop losses, and technical indicators.
Charting Tools: Integrate interactive, real-time charts powered by TradingView or similar APIs, allowing users to analyze market movements with tools like candlestick patterns, RSI, and moving averages.
Order Placement: Streamline the process of placing market, limit, and stop orders. Use clear buttons and a concise form layout to minimize errors.
Real-Time Data: Update market prices, balances, and order statuses in real-time. Include a status bar that shows successful or pending trades.
4. Wallet & Portfolio Management
Asset Overview: Provide an easy-to-read portfolio page where users can view all their holdings, including balances, performance (gains/losses), and allocation percentages.
Multi-Currency Support: Display a comprehensive list of supported cryptocurrencies. Enable users to transfer between wallets, send/receive assets, and generate QR codes for transactions.
Transaction History: Offer a detailed transaction history, including dates, amounts, and transaction IDs for transparency and record-keeping.
5. Security Features
Biometric Authentication: Use fingerprint, facial recognition, or PIN codes for secure logins and transaction confirmations.
Two-Factor Authentication (2FA): Strong security protocols like 2FA with Google Authenticator or SMS verification should be mandatory for withdrawals and sensitive actions.
Push Notifications for Security Alerts: Keep users informed about logins from new devices, suspicious activities, or price movements via push notifications.
6. User-Friendly Navigation
Bottom Navigation Bar: Include key sections like Home, Markets, Wallet, Trade, and Settings. The icons should be simple, recognizable, and easily accessible with one hand.
Search Bar: A prominent search feature to quickly locate specific coins, trading pairs, or help topics.
7. Analytics & Insights
Market Trends: Display comprehensive analytics including top gainers, losers, and market sentiment indicators.
Push Alerts for Price Movements: Offer customizable price alert notifications to help users react quickly to market changes.
Educational Content: Include sections with tips on technical analysis, crypto market basics, or new coin listings.
8. Social and Community Features
Live Chat: Provide a feature for users to chat with customer support or engage with other traders in a community setting.
News Feed: Integrate crypto news from trusted sources to keep users updated with the latest market-moving events.
9. Light and Dark Mode
Themes: Offer both light and dark mode to cater to users who trade at different times of day. The dark mode is especially important for night traders to reduce eye strain.
10. Settings and Customization
Personalization Options: Allow users to choose preferred currencies, set trading limits, and configure alerts based on their personal preferences.
Language and Regional Settings: Provide multilingual support and regional settings for global users.
Visual Design Considerations
Modern, Minimalist Design: A clean, minimal UI is essential for avoiding clutter, especially when dealing with complex data like market trends and charts.
Color Scheme: Use a professional color palette with accents for call-to-action buttons. Green and red are typically used for indicating gains and losses, respectively.
Animations & Micro-interactions: Subtle animations can enhance the experience by providing feedback on button presses or transitions between screens. However, keep these minimal to avoid slowing down performance.
Conclusion
Designing a crypto trading mobile app requires focusing on accessibility, performance, and security. By blending these elements with a modern, intuitive interface and robust features, your app can empower users to navigate the fast-paced world of crypto trading with confidence and ease.
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allweb3 · 1 year ago
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Cryptocurrency for Beginners: Essential Insights and Guidance
Cryptocurrency, a digital and decentralized form of money, has transformed the way we think about finance and technology.
For beginners, navigating the world of cryptocurrency can be both exciting and overwhelming.
This article serves as a comprehensive guide, offering beginners insights into the fundamental aspects, benefits, risks, and practical steps to get started in the cryptocurrency realm.
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Understanding Cryptocurrency: The Basics
At its core, cryptocurrency is a digital or virtual form of currency that utilizes cryptographic techniques to secure transactions and control the creation of new units.
Unlike traditional currencies issued by governments and central banks, cryptocurrencies operate on decentralized networks, typically based on blockchain technology.
1. How Cryptocurrencies Work
Cryptocurrencies operate on blockchain technology, which is a distributed and immutable ledger that records all transactions.
Each transaction is grouped into a "block," and these blocks are linked together, creating a chain of information.
This decentralized nature ensures transparency, security, and resistance to censorship as Perseus Crypto explains it nicely.
2. Key Cryptocurrency Concepts
Blockchain: A decentralized ledger that records all transactions in a secure and transparent manner.
Wallet: A digital tool that stores your cryptocurrency holdings, enabling you to send, receive, and manage your coins.
Private and Public Keys: Cryptographic keys that grant access to your cryptocurrency. The public key is like an address, while the private key is your password.
Mining: The process of validating transactions and adding them to the blockchain using powerful computers and solving complex mathematical puzzles.
Benefits of Cryptocurrency
1. Financial Inclusion: Cryptocurrencies enable access to financial services for the unbanked and underbanked populations around the world.
2. Decentralization: Cryptocurrencies operate on decentralized networks, reducing the influence of central authorities and intermediaries.
3. Security: Blockchain's cryptographic techniques ensure secure transactions and protection against fraud and hacking.
4. Transparency: Transactions on a blockchain are public and transparent, enhancing accountability.
5. Borderless Transactions: Cryptocurrencies enable fast and low-cost cross-border transactions.
6. Potential for Growth: Some cryptocurrencies have experienced significant price appreciation, offering opportunities for investment growth.
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Risks and Considerations
1. Volatility: Cryptocurrency prices can be highly volatile, leading to rapid and unpredictable value changes.
2. Security Concerns: Cryptocurrencies are susceptible to hacking, scams, and phishing attacks. Secure storage is crucial.
3. Regulatory Environment: Regulations for cryptocurrencies vary by jurisdiction and can impact their legality, taxation, and use.
4. Lack of Understanding: The complexity of the technology and market can lead to uninformed decisions.
5. Lack of Regulation: The decentralized nature of cryptocurrencies means there may be no recourse for fraudulent activities or disputes.
Getting Started with Cryptocurrency
1. Education Is Key
Before investing in or using cryptocurrencies, educate yourself about the technology, terminology, and potential risks.
Numerous online resources, courses, and communities provide valuable insights.
2. Choose the Right Cryptocurrency
Research different cryptocurrencies to understand their purposes, use cases, and market trends.
Bitcoin, Ethereum, and others have distinct features and applications.
3. Select a Reliable Exchange
Choose a reputable cryptocurrency exchange to buy, sell, and trade cryptocurrencies.
Look for factors like security measures, fees, user-friendliness, and available coins.
4. Secure Your Investments
Use strong, unique passwords for your exchange accounts and enable two-factor authentication (2FA).
Consider using hardware wallets for enhanced security.
5. Start Small and Diversify
For beginners, start with a small investment you can afford to lose.
Diversify your investments across different cryptocurrencies to manage risk.
6. Stay Informed
Stay updated with the latest news and trends in the cryptocurrency space.
Follow reputable cryptocurrency news websites, blogs, and social media accounts.
7. Avoid FOMO and Emotional Decisions
Fear of missing out (FOMO) and emotional decisions can lead to impulsive actions.
Stick to your investment strategy and avoid making decisions solely based on short-term price movements.
8. Be Prepared for the Long Term
Cryptocurrency investments are often more successful with a long-term perspective.
Avoid making decisions based on daily market fluctuations.
Conclusion
As you embark on your journey into the world of cryptocurrency, remember that education and caution are your best allies.
Understand the technology, the benefits, and the risks before making any investment decisions.
With the right knowledge and a thoughtful approach, you can navigate the complex and dynamic cryptocurrency landscape, potentially harnessing its benefits and contributing to the evolution of modern finance.
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yourbenefit31 · 2 years ago
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How To Become Rich by Investing in Crypto - This article explains how to earn your way to riches in the crypto space and become a miner. Crypto miners are rewarded with coins by validating transactions on the blockchain. To do so, they must solve extremely complicated mathematical equations, which requires extensive computing power.
How People Actually Make Money From Cryptocurrencies - This article explains how people actually make money from cryptocurrencies and how to make money on cryptocurrency that’s just sitting in your crypto wallet: staking and yield farming.
How to Make Money with Bitcoin and How to Get Rich with BTC - This article explains how to make money with Bitcoin and how to get rich with BTC. Crypto is a volatile asset, and you will need a combination of knowledge, starting funds, and quite a lot of luck to become rich using Bitcoin. That said, it is easier to make money using Bitcoin than traditional stocks – there’s a lot more profit to be earned due to higher price volatility. invest in yourself now
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sahilcidfaq · 4 days ago
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Former OKX CEO Jay Hao joins Indian blockchain startup CIFDAQ as co-founder
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Jay Hao, the former CEO of OKX, one of the largest cryptocurrency exchanges in the world, has joined CIFDAQ, a bootstrapped Indian blockchain startup as its co-founder and global COO. In an exclusive interaction with Your Story, Hao throws light on CIFDAQ’s growth strategy as it plans to launch a centralized crypto exchange and a wallet next month. He assures that CIFDAQ will implement robust safety measures and adopt the highest levels of cybersecurity across its operations. CIFDAQ will also build an ecosystem with financial prudence, he says. A frugal approach, he adds, is fundamental to the company’s strategy for long-term profitability. Hao joined OKX in 2018 when it had become the world's largest cryptocurrency exchange by reported turnover. During his tenure, OKX entered India and United Arab Emirates and bolstered its presence in Latin America. The company also saw its largest trading volume in history under Hao. Cybersecurity and user trust One of the biggest challenges that crypto exchanges face today is that of security. With the crypto industry becoming a target of hacks and security breaches, CIFDAQ seeks to priorities building a secure platform. "We’re adopting the highest levels of cybersecurity," Hao assures. CIFDAQ is determined to implement robust safety measures across all facets of its operations. "We’re not just protecting wallets; we’re safeguarding the entire ecosystem," he adds. "History has shown that even giants can fade away, so it’s not about who enters first but how you differentiate and execute," he notes. Hao has been closely following the crypto heist that saw Indian crypto exchange WazirX knocking on the doors of Singapore's bankruptcy court. Hao acknowledges that, in the crypto industry, "pretty much everybody has experienced a hack." However, he emphasizes that a hack itself isn't necessarily detrimental to the company. "It's more about the trust you can uphold with your clients," he points out. Discussing the approach taken by some exchanges, Hao expresses disagreement over how WazirX handled the situation it was in. "I probably wouldn't agree with what WazirX has done," he says. He strongly believes in prioritizing user trust. "I'd rather give the money back to the users, instead of taking it from them." CIFDAQ’s growth strategy Hao believes many exchanges rely too much on external funding without careful execution. "Talent and funding are crucial, but execution matters more," he emphasizes. Hao is confident about CIFDAQ’s process-driven approach and its ability to be frugal with resources, which is key to outlasting competitors. Hao explains that CIFDAQ is building an ecosystem with financial prudence. "We don’t waste money—we’re frugal and ensure every penny is used wisely," he asserts. This approach, he says, is fundamental to the company’s strategy for long-term profitability, particularly in developing markets such as Southeast Asia, Latin America, and Africa. Hao is bullish on CIFDAQ's potential to reach underbanked regions. While global exchanges like Binance have made inroads in Southeast Asia, many local exchanges lack the global resources to scale, he adds.
"I see a lot of potential in India and Southeast Asia. Our competitors might be global giants, but our real competition is ourselves." The company’s strategy includes acquiring licenses from various jurisdictions to ensure compliance while expanding into emerging markets. Hao plans to make gaming a key part of CIFDAQ’s blockchain ecosystem, as he views it as a natural fit for blockchain applications like NFTs and play-to-earn models. He envisions a platform where gamers can earn, trade, and own tokenized assets, creating a more immersive experience. This approach would also enhance user engagement and drive wider adoption of CIFDAQ’s ecosystem, making gaming a major driver for the platform’s growth, he says. Also Read Singapore Court Grants WazirX Moratorium To Partially Refund Crypto Hack Losses Profitability and sustainability CIFDAQ emphasizes profitability and sustainability over growth at any cost. "We’re not just building another financial platform; we are building an open blockchain solution that includes everything from gaming to stock trading across markets like the US, Japan, and Hong Kong," says Hao. CIFDAQ Blockchain Ecosystem Global Inc is a global blockchain ecosystem company offering advanced blockchain solutions, virtual digital asset exchange services, and tokenization. Mumbai-headquartered CIFDAQ, which was founded in 2020 by Rahul Maradiya, also has offices in Delhi, Bengaluru, and Kolkata. Maradiya's vision for CIFDAQ centers around building a sustainable, compliant blockchain ecosystem that caters to a diverse range of traders and markets. He emphasizes the importance of simplicity, inclusiveness, and strong compliance.
“We want to obtain our own license's in every jurisdiction... even if it takes six months or a year," he tells Your Story. Maradiya highlights the need to avoid temporary solutions and focus on long-term stability. His approach involves scaling gradually while creating a platform with products for all types of traders. “You can’t build a skyscraper and then have the floor crumble beneath you," he says.
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mdmotalebhossainraju · 5 days ago
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Bitsellex Review: I Made $437 in 30 Days Using This Cloud Mining Platform
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I made $437 in just 30 days on a cloud mining platform without any technical knowledge or expensive equipment.
Traditional cryptocurrency mining just needs big hardware investments. However, cloud mining lets anyone earn crypto rewards by leasing mining power from remote data centers. 
I found that platforms like Bitsellex are surprisingly available - you buy a mining contract and start right away. The best part is that you can convert your mined cryptocurrencies to cash using their crypto card for daily purchases.
My month-long experience with Bitsellex was quite interesting. Let me show you the features that impressed me and explain how I managed mining operations without any hardware setup.
My First Month Mining Journey with Bitsellex
I started my experience with Bitsellex by putting in the minimum $25 deposit.. The platform has been around since 2007 and serves over 200,000 members. Setting up my account was quick and simple.
After signing up, I checked out their mining plans. The platform gives you several options:
● BTC Starter plan (30-day contract)
● DOGE Silver plan (beginner-friendly)
● Palladium plan (higher returns)
● Diamond plan (premium features)
I decided to try multiple plans at once but found out that you can only withdraw profits after all contracts end . The platform's security caught my eye - they use GetBlock service to check transaction risks and have strict KYC verification.
The daily profit deposits to my account made my first month great. I felt more confident about my investment when they asked for identity verification documents.
The platform takes user activity seriously - your account goes inactive if you don't buy mining plans or make deposits for 60 days. On top of that, all payments are final with no refunds. This strict policy shows how professional they are about their cloud mining services.
The quickest way to withdraw money worked well for me, but keep in mind that they won't send funds to wallets with high-risk tags. Their focus on security and following rules definitely makes the mining operations more trustworthy.
Understanding Cloud Mining Platform Features
My deep dive into Bitsellex's cloud mining platform revealed several standout features. The platform has an impressive range of mining contracts for cryptocurrencies of all types, including BTC, LTC, DASH, DOGE, XMR, USDT, BNB, KAS, SOL, and FIL.
Their transparent pricing structure really stands out. To cite an instance, their BTC Silver plan costs $95 for a 30-day contract and generates about $5.83 daily returns.. They employ advanced mining hardware like the AntMiner KS5 Pro in their plans.
The platform's key features include:
● Up-to-the-minute performance tracking
● Automated daily payouts
● Multiple cryptocurrency options
● Flexible contract durations
● Direct withdrawal capabilities
This 16-year old company has grown into a powerhouse with a user base that exceeds 200,000 members. Users don't need complex setup procedures because the platform's remote data centers handle all technical aspects.
The platform's accessible interface lets me monitor mining activities easily. Users can make informed investment decisions thanks to detailed mining performance metrics on the dashboard.
Data centers spread globally ensure reliable operations with high security standards. The system calculates and deposits earnings automatically, which helps users track profitability without constant monitoring.
Risk Management and Security
Security remains my top priority in my cloud mining journey. My experience taught me that cloud mining platforms need careful attention to protect against various risks.
Bitsellex's complete security framework stands out to me. The platform follows strict AML & KYC policies and uses GetBlock service to check transaction risk level. They protect user funds and personal data with resilient security protocols.
My research showed that Bitsellex uses multiple protection layers:
● End-to-end encryption for data transmission
● Cold wallet storage for boosted fund security
● Regular third-party security audits
● Advanced DDoS protection systems
I activated every security feature available on my account. Users must follow the platform's security system, which includes authentication processes and payment protocols.. The platform makes it clear that users must protect their login credentials and keep their accounts secure.
Risk management in cloud mining goes beyond platform features - this became clear from my experience. User addresses undergo regular monitoring, and funds linked to high-risk labels or sanctioned platforms face potential blocks. This steadfast dedication to preventing unauthorized activities gave me peace of mind.
Bitsellex's security measures let them pause or lock transactions to assess risks further. Operations might slow down sometimes, but I see this as essential protection in today's digital world.
Conclusion
My month-long experience with Bitsellex showed that cloud mining can help you earn cryptocurrency without technical expertise or expensive hardware. I started with just $25 and earned $437 through various mining contracts. The platform's reliable security measures and daily profit deposits made this possible.
Bitsellex excels with its complete approach to security and user experience. The platform offers multiple mining plans, automated payouts, and easy-to-use monitoring tools that made my mining venture easy to manage. The 60-day activity requirement and final payment rules might seem strict at first, but these policies showcase Bitsellex's professional standards.
Bitsellex is a 14-year old cloud mining platform that delivers on its promises. A large user community trusts the platform, and for good reason. The strict security protocols, mining options of all types, and consistent payouts make Bitsellex an excellent choice. Anyone can start cryptocurrency mining here without a huge upfront investment.
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obanicrypto · 22 days ago
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Omniston on STONfi DEX: The Future of Secure and Transparent Trading
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In the world of decentralized finance (DeFi), security and transparency are top priorities. That's where Omniston, a groundbreaking feature on STONfi DEX, comes in. It’s set to transform the way we trade and interact with cryptocurrencies, and in this article, I’ll explain exactly what it is, how it works, and why it’s a big deal for you.
What Is Omniston
Omniston is a decentralized liquidity protocol that’s designed to simplify and enhance trading on STONfi DEX. It uses something called a Request for Quote (RFQ) mechanism, which allows traders to connect directly with market makers. This is a significant shift from traditional liquidity pools where assets sit idly, waiting to be used.
If you’ve ever tried to buy something online and had to wait for the best deal, you’ll appreciate Omniston’s approach. Instead of just offering you a price based on the liquidity available at the moment, Omniston lets you request a price and then choose the best one offered by market makers. It’s like a digital marketplace for trading, but with enhanced control and efficiency.
Why Should You Care About Omniston
You might be wondering, "Why does Omniston matter to me?" If you’ve ever traded on a decentralized exchange (DEX), you know how challenging it can be to find the right price and ensure that your funds are safe. Here’s how Omniston makes a difference:
1. You Control Your Funds, Always
The biggest concern for many in DeFi is the safety of their funds. Omniston solves this by letting you maintain control of your assets throughout the entire trading process. You don’t have to deposit your funds into a centralized system or trust someone else to hold your money. When you initiate a transaction, the funds stay in your wallet until the deal is finalized. This reduces the risk of hacks or mismanagement.
2. No Middlemen, No Trust Required
In traditional finance, you often have to trust a third party, like a bank or exchange, to facilitate the transaction. In DeFi, however, trust is minimized. Omniston uses smart contracts to ensure that trades happen only when both parties meet their agreed-upon terms. There’s no need to rely on any middleman or intermediary—everything is automatic and secure, based on the rules set by the blockchain.
3. No Hidden Fees and Full Transparency
Have you ever been caught off guard by hidden fees or unexpected costs when trading? With Omniston, that won’t happen. Thanks to its RFQ mechanism, you can clearly see the price you’ll pay for a trade before you confirm it. You won’t encounter surprise slippage or fees because everything is transparent and outlined up front. This kind of clarity is something that can often be missing in traditional trading systems.
How Does Omniston Improve the STONfi DEX Experience
STONfi DEX has always been about empowering users and making decentralized trading more accessible. With the introduction of Omniston, it takes things to a whole new level.
Unified Liquidity: In the past, liquidity has been scattered across different platforms, which can make it hard to find the best prices. Omniston brings liquidity together in one place, creating a more efficient trading environment where users can get the best deals without jumping between platforms.
Efficiency at Its Best: Omniston’s integration combines the best of on-chain and off-chain processes. Trades are initiated off-chain and then settled on-chain, allowing for quicker, cheaper, and more efficient transactions. This is like cutting through the red tape and streamlining the entire process.
Better Access for Developers: Omniston is also a boon for developers. It allows them to tap into a larger pool of liquidity and connect their projects with a wider audience. With millions of users in the TON ecosystem, this opens up a wealth of opportunities for those looking to build and grow within the space.
Why Liquidity Matters More Than You Think
If you're new to crypto trading, understanding liquidity is key. Think of liquidity like water: it needs to be abundant and easily accessible for the whole system to work efficiently. If liquidity is fragmented across multiple platforms, it becomes harder to get the best prices, and the process slows down.
Omniston solves this by creating a unified liquidity system. This ensures that when you trade, you have access to all available liquidity, meaning you can always get the best price in a fraction of the time.
The Bigger Picture: Omniston's Impact on the DeFi Ecosystem
Omniston is more than just a new feature for STONfi DEX—it’s part of a broader push to make DeFi more secure, transparent, and user-friendly. By eliminating the need for middlemen and giving traders more control over their funds, Omniston is setting a new standard for decentralized exchanges.
For you, this means a better, more reliable trading experience. Whether you’re an experienced trader or someone just getting into DeFi, Omniston simplifies the process, enhances security, and reduces fees. It’s a big leap forward in creating a decentralized financial system that actually works for everyone.
Final Thoughts
Innovation in DeFi is happening at an incredible pace, and Omniston is one of the most exciting developments I’ve seen in a while. By combining smart contract technology with a revolutionary RFQ mechanism, it provides a solution that addresses some of the biggest pain points in decentralized trading today.
The introduction of Omniston on STONfi DEX is a huge step toward making DeFi more accessible, secure, and efficient for everyone. If you’ve been hesitant to dive into decentralized trading because of security concerns or hidden fees, Omniston provides the clarity and control you need to make the leap.
It’s time to embrace the future of DeFi, and Omniston is leading the way. What do you think about these innovations? Let’s talk in the comments below!
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