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On-chain versus off-chain staking: how does it work?

Mar 30, 2023

Staking crypto is a way to earn crypto rewards. This article explains how staking works, the difference between on- and off-chain staking, and the risks involved.

Deposits and Withdrawals

Mar 29, 2023

Deposits and withdrawals are a little more work than just hitting a 'buy' or 'sell' button, but once you follow all the steps it is actually very easy. Please note you'll have to have a verified account older than 48 hours to be able to perform all options. For bank withdrawals, you'll need a verified bank account as well. In this article, we will provide you with a quick guide on how to deposit or withdraw either crypto or cash from or to the Litebit platform.

What is mining?

Mar 15, 2023

Cryptocurrency mining is the process of verifying transactions on a blockchain network and adding them to the public ledger. The process involves solving complex mathematical algorithms using high-powered computers to generate new blocks of transactions. The reward for successfully mining a block is a predetermined amount of cryptocurrency.

Cardano price prediction for 2023, 2025 and 2030

Mar 02, 2023

Cardano (ADA) is a Layer 1 which is respected by crypto insiders as a project that has an extremely thorough development process. Even though the number of users and apps lag other projects of the same age, the big crowd of retail fans has kept Cardano in the top 10 in terms of its market cap. It even briefly reached #3 in 2021. What can we expect for the price of ADA in the coming years?

Dogecoin price prediction for 2023, 2025 and 2030

Feb 14, 2023

Dogecoin is one of the oldest cryptocurrencies that still exist today. It is also the mother of all meme coins and its success in this category is unmatched so far. The use-case for Dogecoin is not NFTs, DeFi applications, and smart contracts. Instead, the whole cryptocurrency is built upon two pillars: fun and its community. When Dogecoin started in 2013 it was meant as a joke that was supposed to show that crypto is not going to work. It seems that DOGE has proven its founding fathers wrong more than one time. When looking at Dogecoin price predictions, one needs to keep in mind that this particular crypto asset makes it hard to create any projections. Some things work with a meme while others don’t. Let’s take a look at the facts and what they tell us about Dogecoin's future in terms of price.

Ethereum price prediction 2023, 2025 and 2030

Feb 10, 2023

Ethereum is the second biggest cryptocurrency next to Bitcoin according to its market cap. It is also the biggest smart contract in the world according to the number of live protocols, user base, and the total value locked in its DeFi applications. Such as NFTs, lending, and decentralized exchanges. Needless to say, Ethereum is one of the most important technologies in the whole crypto industry. When asking for an Ethereum price prediction, it is this status that has to be taken into account. Please note that none of the Ethereum price predictions constitute financial advice, but rather try to forecast fundamental developments with the data that is available in 2023.

Bitcoin price expectation for 2023, 2025 and 2030

Feb 10, 2023

As the original cryptocurrency, Bitcoin has the longest price history of them all. What do more than thirteen years of data tell us about the future price of Bitcoin? And what other indicators help us to predict Bitcoin's price? Let's look at some models and other considerations when we want to create a Bitcoin price expectation for the coming years.

What is phishing?

Feb 01, 2023

Phishing exists in many forms of contact, with the goal of extracting confidential information. This is done via phone, social media, emails, and counterfeit websites. Fraudsters ‘fish’ for information from potential victims by sending emails, sending messages on social media, sending text messages to your cellphone, or calling you claiming some form of urgency. The goal is to gain access to digital or physical property. When you click on a link to a fake website, you are asked to submit your login credentials. When you provide them with your login credentials, the criminals can use these to access your account without you even knowing.

What is VeChain?

Jan 30, 2023

What better use for blockchain technology than supply chains? Both are chains, right? Maybe that’s what the VeChain team thought to themselves when they launched in 2015. All jokes aside, the company has made strides in creating a platform for the currently siloed space of supply chain data for businesses.

A censorship resistant version of Twitter: what is Nostr?

Jan 18, 2023

On the surface, Nostr is much like a stripped-down version of Twitter. But just like Bitcoin works in fundamentally different ways from traditional money, under the hood Nostr works very different from conventional social media. In Nostr, YOU own your account. Also, Nostr lends itself to integration with wallet software and Bitcoin's Lightning network. Let's dive in and experiment.

What is ApeCoin?

Jan 18, 2023

ApeCoin is the currency of choice of the Bored Apes Yacht Club ecosystem, which includes the Otherside open metaverse. Not to be confused with the Bored Ape NFT's, investing in ApeCoin the currency is a bet on the ecosystem developed by parent company Yuga Labs, considered by some the Disney of the metaverse.

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