Trading basics (9)

What is derivatives trading? Derivatives trading refers to the agreement between a buyer and a seller to trade a certain asset at a specified price and quantity at a certain time in the future. More specifically, derivatives trading in crypto refers to futures trading based on crypto assets, like expiry futures or perpetual futures.

BRC-20 has taken the Bitcoin community by storm since @Domodata created it on March 8, 2023. But what is the BRC-20 token standard? BRC-20 is a fungible token standard made explicitly for the Bitcoin blockchain.

The Cosmos ecosystem is a decentralized network of independent blockchains. Cosmos blockchains, also called Zones, are parallel, interoperable and are highly scalable. For this reason, the Cosmos team refers to the ecosystem as the ‘Internet of Blockchains’. This powerful connectivity is one of the reasons the community is excited about Cosmos.

In the infancy of cryptocurrency, generating a new token was a complex task. It required either the creation of an entirely new blockchain or the use of a Bitcoin fork. However, this landscape underwent a significant shift with the advent of Ethereum, which repurposed blockchain technology as a development platform.

Wrapped Ether (WETH) is essentially a version of Ether (ETH) but differs in numerous ways. WETH can be used on various platforms and decentralized applications (DApps) that support the ERC-20 token standard. WETH is pegged to ETH at a 1:1 ratio and can easily get converted. This leads to better interoperability on the Ethereum blockchain.

Liquid staking, also known as soft staking, is a more advanced form of traditional staking that's available on many new-generation smart contract protocols. With liquid staking, users can access their locked funds for other crypto-based activities while still earning rewards from their original deposit.

As you start your journey as a trader of digital assets, it's helpful to learn about the most common pitfalls traders fall into when they first start out. To avoid these pitfalls, it's important to develop a solid understanding of the market and the associated risks.

Kick start your understanding of dollar-cost averaging (DCA) by watching this video on the OKX DCA Crypto Trading Bot . Here’s how our latest trading bot allows you to fine tune your dollar-cost averaging (DCA) strategy.

You might have heard about decentralized exchange (DEX) and are wondering what they are, as well as how they are different from centralized exchanges (CEX). In this article, we will demytify the DEX l