What is a DEX
Direct peer-to-peer crypto transactions can be made without the need for an intermediary using decentralized exchanges (DEX), a type of cryptocurrency exchange. DEXs utilize the blockchain to facilitate trading of crypto assets between users.
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What is DeFi
Decentralized finance provides financial instruments without the use of intermediaries such as brokerages, exchanges, or banks by leveraging smart contracts on a blockchain. These systems are not controlled by a central party such as a bank or government.
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What is a Smart Contract
As with any contract, a smart contract defines the parameters of an agreement. However, unlike a typical contract, the conditions of a smart contract are implemented as code running on a blockchain such as Ethereum.
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What is an NFT
A non-fungible token is a non-transferable unit of data that may be sold and traded on a blockchain, a type of digital ledger. Numerous different types of NFT data units can be used to store digital files such as photos, videos, and audio.
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How to Secure your Crypto
Scammers, hackers, and other malicious behavior thrive in the cryptosphere, which can make it intimidating, especially for newcomers. Be cautious when navigating the area and learn what you can do to keep your assets secure.
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What is Crypto Mining
Validating cryptocurrency transactions on a blockchain network and adding them to a distributed ledger is what crypto mining entails. Most importantly, crypto mining prevents digital currency from being spent twice on a distributed network.
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