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Showing posts with the label CryptoCurrency

How Can You Buy Dogecoin??

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   Even though Dogecoin started out as a joke back in 2013 it quickly gained a lot of traction and a loyal community. Hi, I’m Vivaan, and today we will know how you can buy Dogecoin. Buying Dogecoin can be broken down into 3 simple steps: Get a wallet, locate your Dogecoin address and find an exchange that sells Dogecoin. Depending on the amount of Dogecoins you’re planning to buy, you can choose to store it on either a hardware wallet or a software wallet. If you’re buying a small amount of crypto, then a free software wallet that can be downloaded to your mobile phone or computer will do. Exodus is a great software wallet that is easy to use for beginners. If, on the other hand, you’re planning on accumulating larger amounts, it’s safer to store it on a dedicated device known as a hardware wallet. My Recommendations for a hardware wallet would be either the Ledger Nano X or the TREZOR Model T, both are reputable wallets that can store multiple cryptocurrencies alongside Doge...

Everything About Dogecoin!!

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One cryptocurrency which no one has ever heard before has suddenly become very popular, that too within last 1 month its price has increased to 900%. Today I am talking about Dogecoin. Dogecoin on a random particular day became trending on Twitter. How did this happen, why is dogecoin price is increasing, what reasons are behind it, where is this cryptocurrency being used? And what is the role behind Elon Musk and some twitter groups, all such things will be discussed in today’s blog. Let’s start with the Dogecoin story from starting. In 2013, this meme shown on-screen became very popular. Here in this meme, Shiba Inu, a Japanese dog picture is there, along with that wrong English is mentioned, and this became very popular. This became so much popular that Knowyourmemes, a meme website stated this meme as a top meme in 2013. One day Adobe’s software engineer Jackson Palmer tweeted stating that Dogecoin can become the next big thing. This tweet unexpectedly got so much response, that he...

Different Types of Crypto Wallets.

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  By now you should know that bitcoin is not like most traditional currencies so the approach of acquiring and storing this digital currency is completely different.  Like physical money, where you use a bank account to store it, you also need a place to store your bitcoin- this is called a ‘Wallet’. A bitcoin wallet resembles, as I said, your bank account and it lets you send, receive and store bitcoins. It holds the private key that allows you to access your bitcoin address. There are different types of Bitcoin wallets that cater to different requirements. In this video, we'll discuss these wallets and their features and hopefully, you can choose one that suits you. It is important to remember the Bitcoin wallets can be classified as either hot or cold What's the difference? A hot wallet is online and connected to the Internet while a cold wallet is offline and disconnected from the internet Generally hot wallets are easier to set up and access however this makes them more s...

Cryptocurrencies And The Future Of Money

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Can you imagine a thing- the value of which was zero around ten years back and today, its value has touched almost 45 lakhs! I'm talking about Bitcoin. What actually bitcoin is?  Merely 12 years ago, on 31st October 2008, a person named Satoshi Nakamoto published a paper on the Internet  Satoshi's main motive was clearly evident from the first line of the paper A version of electronic cash that would allow payments to be sent directly from one party to another party without going through a financial institution Cryptocurrency is a digital asset over which central banks or financial institutions have no control or regulation, For instance, the US dollar is controlled by the central bank of US. The Indian Rupee is controlled by the RBI But there is no central bank or any main financial institution that controls the bitcoins/cryptocurrencies Back then, cryptocurrency was merely an idea in the mind of that person.  But now, there is trading worth lakhs and crores on its crypt...