What Are Synthetic Assets in Cryptocurrency Market
Cryptocurrency

What Are Synthetic Assets in Cryptocurrency Market?

Synthetic Assets often referred to as synths, are a new trend in the crypto market’s Decentralized Finance (DeFi) sector, which is the fastest-growing niche within the crypto space. In the present article, we’ll define synthetic assets in the context of the cryptocurrency market and list the best platforms to create synths. The Origin of Synthetic Assets In general, the term ‘synthetic asset’ came before the…

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What is Proof of Stake and Token Staking on Binance
Blockchain

What is Proof of Stake and Token Staking on Binance

Staking is a great way to earn a passive income and become part of the blockchain revolution in a more direct way. In a nutshell, all you have to do is to lock an amount of a specific token for a while and collect the reward based on the offered yield. However, you might be interested to know the technical part of the staking process…

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What Are Automated Market Makers and Liquidity Pools
Exchange

What Are Automated Market Makers and Liquidity Pools?

Since the time when Bitcoin came out more than a decade ago and opened the door for the entire cryptocurrency industry we know today, there has always been a high demand for this new asset type. Initially, people were exchanging fiat for Bitcoin and vice versa through peer-to-peer (P2P) environments like LocalBitcoins. Then we saw the emergence of centralized cryptocurrency exchanges that resembled traditional forex…

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DeFi Boom Boosts Trading Volumes on Binance Futures
Cryptocurrency

DeFi Boom Boosts Trading Volumes on Binance Futures

Decentralized Finance (DeFi) is currently the fastest-growing sector within the cryptocurrency market, as the crypto community does its best to integrate traditional financial services into decentralized infrastructures. The impressive 2020 DeFi boom resembles the initial coin offering (ICO) boom of late 2017. Still, DeFi supporters claim that the current trend will have a genuine impact by acting as a bridge between traditional banking services and…

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How to Use Relative Strength Index (RSI) In Cryptocurrency Trading
Cryptocurrency

How to Use Relative Strength Index (RSI) In Crypto Trading

Technical Analysis (TA) is one of the most popular approaches to monitor markets in an effort to anticipate the next price move. I explained the main differences between TA and fundamental analysis (FA) in a previous article. In the following lines, I’d like to discuss one particular TA indicator that can help you find accurate signals much easier. The indicator is called the Relative Strength…

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Margin Trading on Binance Futures
Exchange

Margin Trading on Binance Futures

On Binance Futures, traders can trade cryptocurrency perpetual and quarterly contracts with leverage between 1x and 125x. Whenever a trader uses the leverage option, he is margin trading, i.e., he uses borrowed funds to enter a position. Traders who engage in margin trading are using funds provided by a third party. While regular trading accounts operate with a trader’s funds only, margin accounts enable traders…

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