Cryptocurrency exchange and storage, buying NFT, connecting to blockchain apps - crypto wallets are required for all of these purposes. A crypto wallet is a secure place to store your digital assets. They come in different types - custodial and non-custodial, software and hardware, multicurrency ones and those designed for a particular cryptocurrency or network. Let's talk about what cryptocurrency wallets are, what kinds of cryptocurrencies there are, how to make a crypto wallet and set it up, and how to use the Broex cryptocurrency wallet.
Broex is stopping support for exchanges, withdrawal, and acceptance of the following tokens during the period up to April 22
Bitcoin is the first cryptocurrency that became "digital gold". It's a payment system that operates independently of neither its creator, nor states, or global corporations. While making transfers in Bitcoin, you can remain anonymous. The system is supported by thousands of computers in different countries, which makes it reliable and secure.
Ripple is a cryptocurrency payment system. Supposedly, it will be used as an alternative to traditional banking systems. XRP is the project's native cryptocurrency. It is meant to be used for money transfers, including large international transactions between companies.
The metaverse is probably one of the biggest trends not only in the crypto industry, but in the whole IT world too. The number of projects in the promising segment is growing, and they offer more and more ways both to have a good time and profit.
There are different ways to make money on cryptocurrencies. One popular method is trading. This refers to the process of making a large number of trades to buy and sell assets to gain profit from changes in exchange rates. For example, you can buy cryptocurrency for $15, sell it for $20, and then, when its price goes down, buy it again for $15 and sell it again when its price goes up to $20.
Broex wallet CPO Joseph Al-Amir spoke in an exclusive interview with ForkLog about the fears of novice crypto investors and the team's efforts to make it easier to enter the market. Broex is a custodial multi-currency wallet with an Estonian license that supports storage, card purchase, exchange, and withdrawal of 40 cryptocurrencies and over 2,000 tokens
The Metal team presented a unique project to the public in 2017. The system allows standard operations with cryptocurrency and internal conversion to fiat money. The main goal of the developers was to attract users far from cryptocurrency markets and ecosystems. Ease of use, a mobile app, and rewards for any transaction in the form of MTL coins. These features attract attention to the project.
The metaverse is a new interface on the Internet thanks to a new technology that is going to transform the level of infrastructure in the digital world. It is also likely to have an indirect impact on the physical world and those services that are interconnected with it and the Internet.
Bancor is a decentralized exchange (DEX) operating on the Ethereum blockchain. An automated market maker (AMM) is built into the protocol, which facilitates the exchange of tokens against liquidity pools, with no need to match bids from buyers and sellers.
KNC is the cryptocurrency of the Kyber Network Crystal project, which is required for its functioning. The protocol is a payment system and exchanger that simplifies blockchain operations for a large group of users. It allows exchanging some coins for others in a quick way and at the most favorable exchange rate.
The following article covers the spread between the buy and the sell, as well as the concept of slippage. The significance of these questions for beginners is considerable, since it allows them to avoid unreasonable losses. Proper information will give you a better control of your funds in trading.
Cardano is a multilayered, decentralized smart contract platform with many different features. The sophisticated module organization in the first-to-market will allow delegating the network, using side-chains and lightweight client structures.
It's a popular tool of technical analysis. An indicator that allows you to curb volatility. The favorite instrument of stock and cryptocurrency traders. Today we will introduce Bollinger Bands for beginners, its application, alternatives and, of course, the developer himself.
This project is based on Ethereum. The idea behind it is that users can turn addresses in Ethereum from machine codes into ordinary words understandable to humans. In simple words, it's a username generator, the main purpose of which is to make the blockchain easier to use.
Blockchains have evolved successfully in recent years depending on the assembly and configuration. The content contained in the blocks, as well as the actions of network participants, can be controlled depending on how the blockchain is configured and what business goal will be pursued. The most common are public and private blockchains, which are used in private companies and cryptocurrency networks. A third type is authorized blockchains, which are also gaining popularity.
This blockchain was created to solve major problems that arise in supply chains. The network combines the physical tracking of goods with blockchain records, which helps control the history of a product from the time it is produced to the time it is delivered to the customer.
AaveProtocol is a decentralized, open-source ecosystem for earning interest on deposits and borrowing assets at variable or active rates. It also allows for unsecured flash loans that can be integrated into other products and services.
A crypto card is an analog of a bank card. It differs in that cryptocurrencies (Bitcoin, Ethereum, LiteCoin and others) are held in the account, rather than fiat currencies (ruble, dollar, euro). The card can be used to pay for purchases in stores and services in other places. However, there are many details which are worth knowing.
Catch pokémon and sell them for real money. Gather fluffy hordes and loot caravans. Become the lord of virtual lands, not some run-of-the-mill parking lot in the suburbs. The dream of traders and all feline enthusiasts - Axie Infinity is on your screens! Welcome our guest on Broex.io to a big round of applause!
Old, but not useless. The terminator of the stock - and now cryptocurrency - market. One of the most favorite tools among the fans of technical analysis. The Ishimoku cloud from - no, not really from Ishimoku - in the latest issue. Let's begin!
Transfer Elrond from Rivendell and the gold of Tolkien's elves (or maybe dwarves?) to blockchain. Speed up the cryptocurrency almost to the speed of light. Launch their own Telegram without a casino and with token exchange. What else did the Mincu brothers' team succeed in? Take a seat, Elrond (eGLD) is here!
Near Protocol blockchain is a platform for smart contracts with a simple toolkit for decentralized application developers. The network is Ethereum-compatible. Near Protocol uses the sharding mechanism (a method of separating and storing a single logical data set as multiple databases) Nightshade with the block creation mechanism Doomslug.
The Open Network is a third-generation decentralized network based on the Proof-of-Stake consensus algorithm, designed in 2018 by the Durov brothers, the founders of Telegram messenger. The project faced a number of difficulties during the implementation phase, and then was handed over to TON, an open community.
ATH is the most important term of the crypto market. The abbreviation is formed from the English "all time night". The index shows the highest value of asset price for the whole time of asset existence. It is often called the "historical maximum" in Russian.
Flow is a new generation blockchain developed by Dapper Labs.
The popularity of decentralized applications (aka dApps) is growing every year. They are based on blockchain, a modern technology that provides a number of advantages. For example, stability of work and absence of state censorship.
The Sandbox is a play-to-earn sandbox game. It is a large virtual world where you can communicate, play, create, and much more. The project is one of the first to combine blockchain, decentralized finance, and NFT within a three-dimensional meta universe.
The THORCHain Project is one of the representatives of the DeFi industry. It caught the attention of the digital technology community by solving the problem of exchanging different blockchain tokens. Today it demonstrates excellent value growth dynamics. According to estimates, it has good investment potential. Let's take a closer look at THORChain cryptocurrency and its forecast in this review.
AMMs are decentralized exchangers that work automatically. The abbreviation stands for "Automated Market Maker". The platform functions without human intervention according to the predefined rules. The source code of AMM is open, so any user can explore it.
Polkadot, or DOT for short, is one of the largest cryptocurrencies in the world in terms of market cap. It's the flagship project by the Swiss Web3 Foundation. It has created a convenient, fully functional decentralized network.
FOMO stands for "Fear Of Missing Out". This feeling is familiar to every participant of the cryptocurrency market. Some of them feel only mild discomfort, while others make irrational decisions that lead to money losses.
STORJ is a cloud storage platform and the project's own cryptocurrency. Its main purpose is to allow some users to store their files in the "cloud" for a small fee, and others to be rewarded for providing their disk space to the former.
Decentraland is a virtual world where users can own real estate, join interests, create art, and much more. Conventionally, it can be presented as a social network in 3D-space. MANA is the cryptocurrency of the project. It is used to buy goods, vote for community development proposals, and other internal tasks.
NEAR is a decentralized blockchain platform based on the Proof-of-Stake (PoS) consensus algorithm. Its purpose is to create an ecosystem for the development of new decentralized apps.
Liquidity pools are one of the key technologies of the entire DeFi industry. It's used in the creation of new digital assets, cryptocurrency games, and, of course, on DExs like Uniswap or PancakeSwap.
Compound is a project that allows some users to borrow cryptocurrency and others to lend it at interest. The protocol works in a decentralized way, which makes it reliable and independent of anyone. It has its own cryptocurrency COMP, which can be bought through Broex exchanger or at one of the many other exchanges.
In this article, we will go into detail on how to quickly and easily buy your first bitcoin with a bank card in your Broex personal account. After reading our guide you won't have any questions and you'll easily be able to buy any coin in a couple of clicks. Let's get to grips with it!
The Bitcoin network, the Ether network, the Monero network... What are they in simple terms, and how are they used? We will tell you about it.
Dogecoin cryptocurrency (DOGE) is a different animal than either of the majority of cryptocurrencies. It was created as a joke, a protest against the unjustified growth of the price of other digital assets. But eventually it became one of the most famous crypto projects, ranking among the top 15 in terms of capitalization (the total value of all issued coins).
Audius and its cryptocurrency AUD (AUDIO) is a protocol for musicians and their audience. The main goal of the project is to make it simple and convenient to send music from authors to their fans and to send donations in the opposite direction. At the same time anyone can distribute their creativity, as well as earn from it (if it turns out to be interesting to people) in this network.
Digest for the week (January 31 - February 06) from broex.io
ZRX is a cryptocurrency of the 0x protocol, designed for seamless trading of assets on the Ethereum blockchain. It provides an opportunity to avoid the use of centralized platforms, and thus to reduce possible risks to zero. When you buy or sell assets using 0x, they are transferred from the seller's wallet to the buyer's wallet directly.
Decentralized stablecoins, decentralized exchanges, decentralized lending. It's all part of the DeFi industry. How does it work, what does it offer, how does it differ from traditional finance, and are there any drawbacks? We'll tell you all about that in this article. Sit comfortably and let's go!
Avalanche Cryptocurrency (AVAX) is a token that runs on the blockchain network of the same name. It was created to accelerate transactions, create smart contracts and DApp apps. It appeared in the fall of 2020 and rose in price from $4 to $125 in just over a year. As of the end of December 2021, it is one of the top 10 digital coins by market cap. No surprise that investors are considering buying or mining AVAX.
BTCUP is an unconventional cryptocurrency that allows you to earn more while Bitcoin is growing. It has built-in leverage that increases a user's income if they make the right bid. Let's take a closer look at what BTCUP is and whether it's worth buying into your crypto portfolio.
Ethereum is a distributed ledger created by a team of developers, including Vitalik Buterin. The system runs simultaneously on hundreds or thousands of computers and servers located all over the world.
Terra is a decentralized blockchain project based on the Tendermint Delegated Proof-of-Stake protocol and Cosmos SDK. The developers created an architecture to launch new DApps related to coin creation, and LUNA Stablecoin is used as the underlying payment instrument.
It's the most popular alternative to mining. The consensus algorithm, which is already used by every third cryptocurrency, and probably the main winner in the crypto market of the future. Proof-of-Stake: what is it, how does it work and is it possible to earn on it? Let's get started!
TRY is the TrueFi project's liked-named native cryptocurrency, which is a protocol providing lending services. For those seeking to earn, it provides an opportunity to invest funds at a high interest rate. As for users in need of working capital, it gives them the opportunity to receive funds even without collateral. The project's coin is listed under the ticker TRU on trading platforms.
TRON cryptocurrency (TRX) is part of a decentralized platform that is primarily designed to allow users to share content with each other for free and without restriction. It can be imagined as a social network for publishing, viewing and downloading photos, videos, music, and online games.
BTCDOWN is an extraordinary cryptocurrency that differs from most assets. The feature is the leverage built into the coin, which boosts profits. You'll learn what cryptocurrency BTCDOWN is and where to buy it in this article.
The crypto industry expands every month - new projects and entire ecosystems emerge. This trend will continue in 2022, as the sphere is still far from its final formation. Startups that enter the market attract funds from people willing to invest. The money is needed for development: paying developers, marketing campaigns, and so on.
The Avalanche blockchain project is a decentralized platform based on the Proof-of-Stake algorithm and supporting smart contract technology.
Solana (SOL) is a cryptocurrency with little history to date, which managed to break into the top 5 of the market in 2021 due to a price increase of over 150 times. That is, every dollar invested in this coin a year ago would turn into more than $150 this fall. That's why the project has attracted so much attention.
ICO, IEO, IDO - all these terms have one thing in common - they mean something distant and incomprehensible. And there's perhaps as much difference between them as between Northern and Southern Chinese.
LUNA is a token of the Terra ecosystem, the creation of which began in 2018. The project was launched by two co-founders, Daniel Shin and Do Kwon. Daniel Shin has worked for a long time in large South Korean companies related to e-commerce. Do Kwon has worked for Microsoft, Apple, and a number of other well-known organizations.
SushiSwap is a DEX where anyone can buy and sell cryptocurrencies based on Ethereum blockchain (you can learn what blockchain is from our article by following this link). No registration, as well as reliability of use, are among the main features.
Public and private keys, where to use them, where you shouldn't use them, and some memes with Johnny Mnemonic - all this we prepared in the new informative review from Broex about cryptocurrencies security. Let's roll!
Moonriver is a parachain (a system that connects blockchains into a single ecosystem) for Moonbeam. Moonriver provides developers with a wide range of tools for creating decentralized applications, or dApps, as well as working with smart contracts.
Shib, its rate, forecast and prospects are topics of interest to the entire crypto community. However, some people falsely consider the meme coin as something like a copy of Dogecoin. In reality, Shib is called the "killer" of DOGE. It is a much more advanced decentralized finance token. It has wide possibilities and high potential. Let's take a look at the features of the coin in this review.
Polkadot is a complex blockchain ecosystem that aims to create a new kind of Internet, a decentralized Web 3.0. With it, not only tokens but also other types of data can be transferred between different blockchains.
Augur forecasting project was founded in 2014 by Jack Peterson and Joey Krug. The developers were advised by Vitalik Buterin (creator of Ethereum) and Ron Bernstein (founder of Intrade). REP is a shortened name for Augur. The blockchain is built on the Ethereum ERC-20 smart contract standard.
GalaChain is a GameFi blockchain created by Gala Games in 2019 as a decentralized platform for the gaming industry.
The cryptocurrency market began to emerge just over a decade ago. However, experts have noticed that during this time, various successive phases have already formed on it. There is a "bull market" - a period during which almost all cryptocurrencies show an uptrend, and a "bear market" during which all assets drop in price, and some other persistent phenomena.
SuperLAUNCHER is a multifunctional decentralized DAO platform that helps perspective projects to develop. Built-in smart contracts enable them to raise funding in private, seed and IDO rounds: only selected developers can take advantage of this option.
Trading cryptocurrencies is not easy. Learning how to make a profit requires knowledge and practice, and even better, an experienced mentor. You also need to be able to use the basic tools available on most trading platforms (which is what asset trading is professionally known as, and the person engaged in this activity is called a trader, respectively).
The platform's own internal cryptocurrency Binance was launched in 2017 as part of ICO. Binance Coin appeared shortly before the launch of the main platform. Initially, BNB cryptocurrency had the ERC-20 standard, which means it was issued for ICOs on the Ethereum blockchain. However, with the launch of its own network, Binance Coin switched to the BEP2 standard (Binance Chain blockchain standard).
Since the appearance of the first cryptocurrency, attention to the blockchain has increased significantly. A particular role in this was played by the period of 2017-2018, when the price of bitcoin for the first time reached the mark of $20,000. That period was marked by a significant increase in demand, as well as the emergence of a huge number of new crypto assets.
ho-ho-ho-ho! On the eve of winter holidays, Broex team has decided to hold a prize draw. Guaranteed rewards and a chance to win a super prize are available to our wallet users from December 22, 2021 to January 17, 2022.
This project is one of the "long-livers" of the cryptocurrency market. LINK appeared back in 2014, but fully declared itself only at the end of 2017. Chainlink is a blockchain platform aimed at providing security when working with complex smart contracts.
The project began its active phase in 2017, but it had been developed before. Loopring is an automated decentralized platform created on the basis of the Ethereum blockchain.The goal of the project is to create a platform for token exchange. The cryptocurrency LRC is the token of this platform.
Bitcoin blockchain is called the first generation of cryptography, Ethereum the second, Iota the third. Holochain blockchain clearly belongs to an even more advanced level - the fourth.
Weld Money is a service that offers users cryptocurrency debit cards: they can be used to pay for goods or services through the user's familiar POS-terminals. The startup's distinctive feature is the presence of a legal agreement between the developer, financial services providers, and regulators in the CIS, as well as Estonian registration under the legal name Weld Europe OÜ, so Weld products will be fully legal.
Bitcoin and other cryptocurrencies are becoming more and more popular every year. And even people who used to consider digital assets as something meaningless and useless are starting to buy their first coins. But buying bitcoins is only half the battle. After all, you also need somewhere to store them. Special bitcoin wallets are used for this purpose. They differ in the way they can be used, in their convenience and reliability.
With the growing popularity of Bitcoin and other cryptocurrencies, more and more people are getting interested in investing in digital assets. However, due to the relative novelty of such activities, many have questions about the legality of such transactions. In this article, we will figure out whether it is possible to legally buy cryptocurrency in the Russian Federation, and how to quickly implement our plans without any difficulties.
The cryptocurrency Litecoin appeared in 2011. Its founder is Charles Lee, a former Google developer. The main motive is to create a token that would be easier to mine (mining cryptocurrency is the creation of new coins by solving complex mathematical problems).
The first cryptocurrency has made a splash in the world of technology and finance. However, it has drawbacks that haunt crypto enthusiasts. These disadvantages led to the emergence of a coin like BCH.
EOS io is a blockchain network created to develop decentralized applications (dApps) on it. The internal EOS token is designed to keep the project running, as well as to pay for nodes (nodes in the blockchain that are responsible for creating new blocks and validating transactions).
Blockchain is a decentralized database. It can be thought of as a ledger in which entries cannot be faked because copies are stored on thousands of computers. The data entered into the blockchain is divided into blocks, encrypted and sequentially linked to each other.
Sberbank is the largest bank of the Russian Federation. Most users receive plastic cards through this organization. Therefore, when a person thinks about buying cryptocurrencies, he has a desire to do it through an application that is already familiar and understandable, that is, to buy bitcoin for rubles through Sberbank.
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized apps work, with an emphasis on sharding, which allows blocks to be created in seconds.
A 51% attack is the term for the only possible way to ‘hack’ a cryptocurrency blockchain. If you don't know what blockchain is and how it works, we recommend reading our other material available here. Without understanding the basics, it will be hard to understand what is written below. In this article, we explore the 51 percent attack - what it is, how it is carried out, and how likely it is to commit such an attack on the Bitcoin blockchain.
Cardano (ADA) is a well-known cryptocurrency that is popular among crypto owners who are interested in projects with long-term potential. It is among the top 10 strongest cryptocurrencies. Unlike Bitcoin, Cardano is much easier to buy. Below we will tell you more about how to do it.
For a beginner participant in the cryptocurrency market, a lot can be incomprehensible. The abundance of terms in specialized articles only complicates the process of studying information. Therefore, to understand what blockchain and Bitcoin are, and what is the difference between them, is not an easy task. In this article, we will look at both terms in detail, and get acquainted with a convenient way to buy cryptocurrency.
The Basic Attention Token (BAT) cryptocurrency was first created by Brendan Eich, one of the co-founders of the world-famous Internet browser. It was created as a token that can improve security and fairness, and increase the efficiency of advertising processes on the Internet.
Ripple is the token of the cryptocurrency platform of the same name, which has been operating since 2012 and is partially centralized. In theory, Ripple's founding company can impede the operation of the network. Practically, the protocol operates in a decentralized manner, capable of supporting other tokens, such as flight miles, trading assets, and mobile minutes.
The peculiarity of Aave is to grow after bitcoin and major altcoins (any coin from TOP-100, except BTC), as well as independently of them during the stagnation of the cryptocurrency market. Due to this dynamic, the Aave token is among the mandatory set of digital assets that should be purchased and held to earn double income.
What are smart contracts in simple terms? These are contracts on the blockchain, the implementation of which is not verified by a person, but by a distributed ledger. That is, the parties assume certain obligations under an agreement, and they do not have to trust each other at all. If one of the counterparties violates the terms of the document, it will not work and the other clauses will not be fulfilled.
A few tips on how not to fall for the bait of scammers
What is volatility and how does it affect the commission amount
Bitcoin and Ethereum fees - why are they needed and why are they charged
We will tell you how to receive cryptocurrency and how to withdraw funds to another wallet
Lets learn how you can top up your account using traditional payment tools: bank cards and AdvCash system
Look for 1 USDT promo codes on our social networks, grab them and activate them in your personal Broex account as soon as possible!
There have been major changes in the functionality of the exchanger!
Bitcoin is a record in a register, a blockchain, hosted on a computer network. The algorithm for the first virtual digital currency was developed in 2008 by an anonymous crypto enthusiast, Satoshi Nakomoto.