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f you're new to the world of cryptocurrency, you probably have heard of both proof-of-stake and proof-of-work. These two concepts are essential to cryptocurrency transactions and security. They are also known as consensus mechanisms. Here is a quick differentiation between proof-of-work vs. proof-of-stake that helps understand them better.
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What is your crypto investing style? a) Smart Contracts b) DeFi c) Old School d) Exchange Tokens
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Most traders get confused between UST & Terra Luna. Here is everything you need to know about UST. Trade your LUNA with Bitxmi and get more peace of mind: www.bitxmi.com
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What is Celsius? It is a bank equivalent of the crypto world, and a crypto platform providing curated services like Earn, Borrow, Buy, Swap etc. Celsius allows users to borrow against their crypto holdings at APR.s, starting at 0.1%. It also allows them to earn Interest on their crypto deposits with Celsius. Do you think the BTC price has crashed due to a halt on withdrawals, swaps and transfers between accounts?
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Mental health is an extremely important aspect of human life. Finances and investments can play an important role in emotional well-being. Most crypto begginers make bad decisions under emotional pressure. Here are the most common mistakes that affect the mental health of crypto investors: a) Begginers begin to open a large number of transactions without thinking them through. b) Beginners tend to quickly take profits and close the position prematurely. In this case, they lose part of the profits that they could gain. c) To obtain the maximum benefit become independent from the signals and opinions of established market participants. d) The cryptocurrency market is very susceptible to emotional trends. Prices immediately react to a variety of statements and rumors, so try to avoid them as much as possible. e) The first profit gives you a positive emotion, which can only push them to become undisciplined.
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What are Asset-Backed Tokens? They are digital claims on a physical asset and are backed by that asset. Gold, crude oil, real estate, equity, soybeans, or any other real, physical asset can be tokenized and become an asset-backed token. Soon BXMI token will be backed by GOLD, which will make it a strong crypto asset. More utilities are coming soon; stay tight for more updates.
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Can you relate to this? Let us know in the comments.
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Crypto Trading tools help investors to anticipate where the prices are heading. They can help make level-headed decisions fueled by data, not FOMO. Here are the three ways to use charts and data to improve your buy, sell, or hodl decisions.
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Earning interest on your idling crypto assets is an excellent way to make your money work. All you have to do is to allocate your assets to interest-bearing platforms. Here are the 5 things you can do with your idling crypto assets. Bixtmi is launching Staking soon, which will help you add extra rewards to your bag. Sit tight for further updates.
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bitxmiexchange
“How do you sell Bitcoin?” is one of the first questions for most crypto beginners traders.
Selling Bitcoin (BTC) can be similar to buying Bitcoin.
Here are the quick ways to sell your Bitcoins.
Bitxmi is the one-stop solution for all your crypto trades.
Sign up today and save your money on trading & withdrawal fees: bitxmi.com/en_US/register
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📢Let us know in the comments! 👇🏾 👇🏾 👇🏾 👇🏾
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"Bitcoin will hit $100K by 2025." -Mike McGlone (Senior Commodity Strategist at Bloomberg)- Would you agree, as it seems that Bitcoin has finally ended its longest Bearish streak?
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Ethereum co-founder Vitalik Buterin claims that it is hard to define “metaverse,” one of the most popular buzzwords in tech. What are your thoughts on this?
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Ethereum (the second-largest blockchain) to switch to the proof-of-stake consensus algorithm in August. "The launch could be pushed to October if developers stumble into some difficulties." -Vitalik Buterin- Do you think ETH 2.0 will reduce the gas fees?
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If you are facing a tough time and extreme selling pressure, due to bears have tightened their grip on the space. Here are the six strategies to survive the bear market. Which strategy will explore first?
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It is the most common question that arises in the trader's mind. Here are the four points that explain how BSC is better than Ethereum. Don't forget to check our BSC token: BXMI, if you want to rocketship your portfolio as the ROI is promising. To know more, visit: www.bitxmi.com
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Choosing the right cryptocurrency exchange is crucial to your success as a trader or an investor. Here are the quick tips that will help to know what to look for in a cryptocurrency trading platform. Bitxmi is the safest and most secure crypto exchange that offers the lowest trading & withdrawal fees. Sign up to start your trading: www.bitxmi.com/en_US/register
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