Coinbase

Coinbase is an exchange for quickly trading and converting between crypto currencies. Coinbase features a nice dashboard and mobile application to keep track of your portfolio. A good feature is Coinbase Earn, which allows to learn about some crypto currencies and get some in exchange for free!

January 1, 2020 · 1 min · Pablo Iranzo Gómez

Contract address

Contract address is the direction used for indicating in a specific network information about a crypto currency, for example: Currency Network Contract BTCST Binance Smart Chain 0x78650B139471520656B9E7AA7A5E9276814A38E9 TRX Binance Smart Chain 0xf230b790E05390FC8295F4d3F60332c93BEd42e2 DAI Ethereum 0x6b175474e89094c44da98b954eedeac495271d0f A given currency might have presence on different networks, so the contract on each one of them will be different. Always pay real attention to the contract address, specially when adding it to your wallet to make sure you’re not stolen by fake contracts....

January 1, 2020 · 1 min · Pablo Iranzo Gómez

Exchange

An exchange is a service that allows to buy with regular money or with cryptocurrencies to transform between them and operate, in a similar way to what a broker does for regular stock. Check a list of exchanges.

January 1, 2020 · 1 min · Pablo Iranzo Gómez

FOMO

F.O.M.O. : Fear Of Missing Out It makes reference to the fear that arises when lot of people buy one crypto currency that is gaining momentum and might drive you into buying something about to fall.

January 1, 2020 · 1 min · Pablo Iranzo Gómez

Gas

Each time a transaction happens on a network, there are some fees that are paid to the nodes validating the transaction, this is usually called gas, and it’s the commission that is paid. Each network has its own type of gas, for example on Binance Smart Chain, the gas is paid with BNB, on xDAI is paid with DAI tokens and on Ethereum with ETH. As transactions require gas to cover the expenses, it’s always good to keep some amount of gas on the networks we operate to pay and be able to perform them....

January 1, 2020 · 1 min · Pablo Iranzo Gómez
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