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Home/Cryptocurrency/Page 11

Tag: Cryptocurrency

Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Mining

Can community members propose changes or new initiatives?

Yes, SW token holders can propose changes or introduce new initiatives on various topics, from festival lineups to new technological features and strategic partnerships.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What is Index Price?

Index Price is an average of prices from major exchanges, updated per second. This ensures that Flipster precisely represents the true value of each token, calculated as an average of the last prices from several major exchanges.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Cryptocurrency, Learn

Who invented cryptocurrency?

Cryptocurrency
  1. Cryptocurrency
    Cryptocurrency
    Added an answer about 9 months ago

    Cryptocurrency was introduced by an individual or group using the pseudonym Satoshi Nakamoto. In October 2008, Nakamoto published a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency. Subsequently, on January 9, 2009, NakamoRead more

    Cryptocurrency was introduced by an individual or group using the pseudonym Satoshi Nakamoto. In October 2008, Nakamoto published a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” outlining the concept of a decentralized digital currency. Subsequently, on January 9, 2009, Nakamoto released the first version of the Bitcoin software and launched the Bitcoin network by defining its genesis block.

    The true identity of Satoshi Nakamoto remains unknown, and the individual or group has not been publicly identified.

    While Nakamoto’s work laid the foundation for Bitcoin, the broader concept of digital currency and cryptographic electronic cash systems had been explored earlier. In 1983, American cryptographer David Chaum conceived of a type of cryptographic electronic money called ecash. Later, in 1995, he implemented it through Digicash, an early form of cryptographic electronic payments.

    Therefore, while Nakamoto is credited with inventing Bitcoin and introducing the first successful cryptocurrency, the idea of digital currencies had been explored by others prior to Bitcoin’s creation.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Mining

How do I get started with SAUCE on my mobile device?

To get started with SAUCE on your mobile device, download the Sauces app from the Android Play Store or as an APK for Android devices. For iOS users, the app may be available through Telegram or other supported platforms. ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Mining

What are the steps to complete an upgrade and avoid slashing with SAUCE?

To complete an upgrade and avoid slashing:Access the upgrade section in the Sauces app. Select the level you wish to upgrade to and note the required amount of ICE coins. Send the exact amount of ICE coins to the specified address ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Mining

Can I extend my SAUCE mining session early?

Yes, you can extend your SAUCE mining session early. If you have less than 12 hours remaining in your current mining session, you can tap the “Sauces” button to extend it. This feature helps you maintain a consistent mining ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

Why is there a need for Trigger Order?

Trigger Orders are used when users want to execute orders at specific prices or conditions, such as in breakout strategies. Market orders execute at the current market price, which may not align with strategic entry or exit points.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What customer service and support does Bybit offer?

Bybit offers 24/7 customer support available through live chat, email, and social media channels. Support is provided in multiple languages to cater to its global user base.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Cryptocurrency, Learn

Can cryptocurrency be used to buy things?

CryptocurrencyFinance
  1. Cryptocurrency
    Cryptocurrency
    Added an answer about 10 months ago

    Yes, cryptocurrency can be used to buy things, though how and where you can use it depends on the situation. Many people have used crypto to purchase items directly or indirectly, ranging from everyday goods to major assets like houses or cars. For example, some online and physical stores accept cryRead more

    Yes, cryptocurrency can be used to buy things, though how and where you can use it depends on the situation. Many people have used crypto to purchase items directly or indirectly, ranging from everyday goods to major assets like houses or cars.

    For example, some online and physical stores accept cryptocurrencies like Bitcoin or Ethereum for payment. Platforms such as PayPal and specialized crypto debit cards also allow you to spend your digital assets seamlessly. However, many people choose to convert crypto into fiat currency (like dollars or euros) to make purchases when merchants don’t accept it directly.

    Beyond daily transactions, crypto has been instrumental for bigger life milestones. People have shared stories of buying homes, paying off debts, or funding businesses by selling their crypto holdings. Others have used it for fun, like traveling, buying gadgets, or even paying for subscription-based services and tipping content creators.

    Still, the adoption of crypto as a mainstream payment method is evolving. While some envision a future where crypto seamlessly removes barriers like paywalls and account setups, others prefer to hold it as a long-term investment or use it only for unique experiences.

    In summary: Yes, you can buy things with cryptoβ€”but how you use it often depends on personal strategy and the evolving acceptance of crypto in the economy.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Cryptocurrency, Mining

How does the BIRDS SUI Network integration work?

BIRDS is setting a new era with the SUI Network. For users creating a new BIRDS wallet, SUI gas fees will be covered to help you explore the Sui ecosystem. The built-in SUI wallet offers features like on-chain ...Read more

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