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Learn Hub

Your educational resource for crypto and money

3 min min read

What is a non-custodial wallet?

You purchased cryptocurrency?! Great! Now, you need to focus on properly storing it. Storing your digital assets is an essential part of your crypto journey. To choose the best crypto wallet, you first need to understand the difference between them. There are two types of crypto wallets: custodial and non-custodial. This article will take a deeper look at what a non-custodial crypto wallet is, how it works, and the pros and cons of owning it. If you are interested in learning about a custodial wallet, please refer to the article called “What is a custodial crypto wallet?”.

Banxe Team
16/11/2022

3 min min read

What is a custodial wallet?

Every person who has purchased bitcoin or any other cryptocurrency, at least once, knows the importance of choosing a crypto wallet for their safety and convenience. With the wallet, you can perform basic cryptocurrency transactions, such as trade cryptocurrency on an exchange and use crypto related applications. Today, we will analyse what a custodial crypto wallet is, all its advantages and disadvantages, and how it differs from others.

Banxe Team
08/11/2022

3 min read

Top P2E projects of 2022

Users receive money for achievements in the game, collect collectable NFT cards and cryptocurrency, and then sell it on the domestic market. Many thousands of people worldwide choose this industry as the primary source of profit. We have compiled a list of the top 3 Play-to-Earn projects of 2022.

Banxe Team
02/09/2022

3 min read

What is a digital bank?

Digital banking means that all banking services are done via smart devices by using digital platforms, which eliminates the need for traditional banking methods. With the aid of virtual processes, financial transactions are facilitated, simplified and automated.

Banxe Team
18/08/2022

3 min read

What is SWIFT?

SWIFT transfers are transactions made via the SWIFT international payment network. The abbreviation SWIFT stands for Society for Worldwide Interbank Financial Telecommunications.

Banxe Team
20/07/2022

3 min read

What is Fintech?

Fintech combines the words "financial" and "technology." It is a relatively recent and often unclear term that applies to most emerging platforms and services that aim to deliver financial services in newer and faster ways than traditional ones.

Banxe Team
18/07/2022

 min read

What is AirDrop?

AirDrop is a specific marketing ploy that includes the distribution of tokens or coins to investors' crypto wallets in order to attract attention to a new token or a crypto exchange.

Banxe Team
14/07/2022

2 min read

What is DeFi?

DeFi is one of the newest financial technologies, built on distributive ledgers similar to cryptocurrency. This system eliminates third parties, such as the banks and institutions that hold the control over your finances.

Banxe Team
12/07/2022

3 min read

What is a NFT?

NFT stands for non-fungible “cryptographic” token, meaning it is a token that is unique and cannot be replaced or exchanged, including with a transfer or exchange mechanism for digital object certification that is used in the blockchain. An example of an NFT isany image, GIF, song, and even the first post of Twitter creator, which also gained attention in the world of NFTs.

Banxe Team
11/07/2022

3 min read

What is altcoin and how is it used?

Altcoins are defined as all cryptocurrencies other than a Bitcoin. They use a different algorithm (or blockchain) and provide new or additional capabilities.

Banxe Team
29/06/2022

3 min read

What is blockchain?

A blockchain is a database that stores encrypted blocks of data (typical transactions that are completed on the blockchain: sell or buy) then puts them together into blocks to form a chronological single-source-of-truth chain of data. If we were to visually represent the blockchain it would look like a list of transactions that anyone can view and verify.

Banxe Team
28/06/2022

4 min read

What is a stablecoin and how can it be used ?

A stablecoin is a digital currency where the value is tied to a real-world asset like U.S. dollars, euros, or gold. A stablecoinis not a fluctuating cryptocurrency like Bitcoin, Ethereum, Dogecoin, etc.

Banxe Team
26/06/2022
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