Crypto Miner on Clubhouse

Bio

Leo ♌
Metaverse,Web.3👩‍💻
NFT gamer, Crypto Expert 📈
Traveler ✈️
Business 🖥

👨‍🏫 Do you want to learn about crypto and how you can create a passive income for yourself daily?
👨‍🏫 Do you want to become an investor or successful business owner?
👨‍🏫 Are you an investor?
👨‍🏫 would you like to earn more?
👨‍🏫 Do you desire an optimized life, body, mind?
👨‍🏫 Learn more about Crypto currency and Web 3.0 Space.

𝐂𝐑𝐘𝐏𝐓𝐎 𝐓𝐄𝐑𝐌𝐈𝐍𝐎𝐋𝐎𝐆𝐈𝐄𝐒
1. FIAT - Government-issued currencies i.e Naira, Dollar

2. BLOCKCHAIN - the technology of cryptocurrency that keeps the system secure and decentralized.

3. DEFI - (Decentralized Finance) is an ecosystem that operates independently, free of third parties or exchanges.

4. CEFI - (Centralized Finance) had always been the standard for trading Crypto before DEFI. CEFI involves the use of companies operating exchange platforms like Binance, FTX etc

5. WHITE PAPER - A white paper is a document that outlines what a cryptocurrency is created to do and how it will achieve it.

6. TOKENOMICS - This is a combination of Token & Economics. It helps understand the supply and demand characteristics of a cryptocurrency

7. ICO - Stands for ‘Initial Coin Offering’, which is where a new cryptocurrency gives away some coins at a discounted rate usually to finance the project.

8. IDO - Stands for ‘Initial DEX Offering’ refers to the launching of a cryptocurrency on a decentralized exchange (DEX) usually at a price lower than the listing price in order to raise funds.

9. COIN - There is a difference between Coins and Tokens. A coin is an asset that is native to its own blockchain. E.g Bitcoin, Ethereum, Solana

10. TOKENS - Tokens are created on existing blockchains. I.e Every cryptocurrency created under BSC, SOL, ETH or any other blockchain is not a coin but a Token. E.g $cake (Bsc), $rope (Sol), $UNI (Eth). Tokens are the backbones of DEFI & exist to be used with DEX.

11. MARKET CAPITAL - The total trading value of a cryptocurrency. Calculated by (Current Price x Circulating Supply= Mcap)

12. STABLECOIN - A cryptocurrency that is tied to the value of the US dollar to make it more stable and less volatile. E.g USDt, Busd

13. PUMP AND DUMP - This is kind of like a scam where people who own a large share of a Coin encourage others to buy to artificially pump the price. Once the price reaches a high point, they sell off all that they own and the price falls drastically.