DeFi addresses a number of pressing issues that have long plagued centralized financial infrastructure, including scalability, interoperability, and sustainability. Given the speed at which developments and changes are happening in the crypto space, the DeFi industry is racing way ahead of regulators, who are faced with the challenge of keeping…

One of the most effective financial strategies for increasing your wealth is compound interest. Since the beginning of time, banks and investors have used it as a strategy to accumulate wealth. It also goes by the catchphrase “the engine of wealth.” …

DeFi is a combination of the words Decentralized and Finance. What this means is that everything related to finance will be decentralized through smart contracts. Whether it’s to raise funding, invest in other projects, or act as a market maker to bring price stability, there are multiple reasons that the…

Introduction — It’s crucial to research potential investments before making a decision to invest in one because there are numerous different projects in the DeFi space and not all of them would end up being profitable. Make sure you comprehend the project’s objectives and operation. …

A Complete Guide on How to Deposit Fiat on NaijaCrypto Welcome to Naijacrypto, the exchange with limitless possibilities. By now you must have opened an account with Naijacrypto, done your email verification and look forward to trading your favourite cryptocurrency pairs (if you have not opened an account click Here)…

The KYC process is generally done in an effort to verify the identity of an individual as well as assessing the risk involved with maintaining a healthy business relationship. It can also be a legal requirement in order to comply with Anti-Money Laundering (AML) Laws. The KYC verification process may…

What is Two-factor authentication(2FA)? Two-factor authentication is an extra layer of security that protects your account apart from the email and password you provide at the point of logging into your account. Remote hackers can compromise even the longest combination of passwords in devise ways, your account and information may not be as safe…

UNDERSTANDING MARKET ORDER ON NAIJACRYPTO An order is an instruction to buy or sell on a trading platform such as a stock market, bond market, commodity market, financial derivative market, or cryptocurrency exchange. There are four common types of orders for trading. They are market order, limit order, stop order…

UNDERSTANDING LIMIT ORDER ON NAIJACRYPTO An order is an instruction to buy or sell on a trading platform such as a stock market, bond market, commodity market, financial derivative market, or cryptocurrency exchange. There are four common types of orders for trading. They are market order, limit order, stop order…