Localcoin
Localcoin

Category: Education

  • Tether (USDT): What Is It & How Does It Work?

    • By Heidi Unrau
    • May 20, 2024
    Banner of blog labelled What is Tether?Tether (USDT) is a special type of cryptocurrency known as a stablecoin. Its value is pegged to the US Dollar to keep the price relatively stable, hence the name stablecoin. That means one USDT should, theoretically, always be worth one USD. But is that a promise you can bank on? The TerraUSD (US...Read more

  • The Memecoin Frenzy Explained (And How I Missed The Signs)

    • By Heidi Unrau
    • May 20, 2024
    PhotoCrypto is cattywampus and I'm here for it! Memecoins are back and minting millionaires again with average returns of 1,312% so far this cycle. At first, this blew my mind given the current economic dumpster fire. Why are people YOLOing their dollar-dollar bills on cartoon dogs and frogs amid a co...Read more

  • Ethereum (ETH): What Is It & How Does It Work?

    • By Heidi Unrau
    • April 8, 2024
    Banner of blog labelled What is Ethereum?Ethereum is the brainchild of computer programmer and co-founder Vitalik Buterin. Launched in 2015, it has since become the second largest cryptocurrency in the world by market capitalization. Unlike Bitcoin, Ethereum is an entire ecosystem where developers can create decentralized software progr...Read more

  • Litecoin (LTC): What Is It & How Does It Work?

    • By Heidi Unrau
    • April 8, 2024
    Banner of blog labelled What is Litecoin?If Bitcoin is considered digital gold, then Litecoin is digital silver. While Bitcoin has proven to be an incredible store of value over the long term, it still kind of sucks as a medium of exchange. Litecoin entered the chat offering a better way to make daily transactions with cryptocurrency. I...Read more

  • Ripple (XRP): What Is It & How Does It Work?

    • By Heidi Unrau
    • April 8, 2024
    Banner of blog labelled What is Ripple?What Bitcoin did for regular people, Ripple (XRP) is doing for major financial institutions. Instead of direct peer-to-peer transactions, it’s streamlining how these institutions send money across borders. Ripple poses an existential threat to the current SWIFT system by using blockchain technolo...Read more

  • Dogecoin (DOGE) & Shiba Inu (SHIB): What’s Up With These Two Memecoins? | Localcoin

    • By Heidi Unrau
    • April 8, 2024
    Banner of blog labelled What's up with these two memecoins?If crypto were a high school, Dogecoin (DOGE) and Shiba Inu (SHIB) would be the class clowns competing for top dog status. Just like their ‘why so serious’ crypto cousins, both run on blockchain technology and are used as a direct peer-to-peer digital currency. Unlike traditional crypto, however,...Read more

  • Bitcoin (BTC): What Is It & How Does It Work?

    • By Heidi Unrau
    • April 8, 2024
    Banner of blog labelled What is Bitcoin?Thanks to Bitcoin, anyone with an internet connection can store wealth and transfer it anywhere in the world within minutes. What some call magic internet money, others call a financial revolution. Despite its explosive growth, most people don’t understand how it works. Bitcoin is a digital curre...Read more

  • Cardano (ADA): What Is It & How Does It Work?

    • By Heidi Unrau
    • April 8, 2024
    Banner of blog labelled What is Cardano?Nicknamed the “Ethereum Killer”, Cardano is an unconventional blockchain designed to support more than just simple digital transactions. Like Ethereum, it’s also a software platform for building smart contracts and other decentralized applications (dApps). Unlike Ethereum, however, Cardano stands...Read more

  • 24 Crypto Terms You Need to Know

    • By Localcoin
    • March 21, 2024
    PhotoIf pro baller Scottie Barnes can teach us anything about crypto, it’s that rookies can absolutely slay. The key to levelling up is understanding the nuances that drive the market. This is precisely why every Bitcoin newbie should know the most common crypto terms. They form the backbone of discus...Read more

  • Crypto’s 2024 Outlook: Who Will Rock The Charts?

    • By Heidi Unrau
    • March 21, 2024
    PhotoThe dawn of rock and roll ignited a revolution of electrifying rhythms and disruption. Today’s top cryptocurrencies are drumming up that same energy in 2024. The stage is set for spectacular highs and lows, with each coin offering its own unique performance. But in the words of AC/DC, it’s a long...Read more
Older Posts »
Banner for INTERAC e-Transfer Sell

Recent Posts