Fixed cost Fixed cost is a cost that does not change when sales or production volumes increase or decrease. This is because they do not directly associate with manufacturing a product or delivering a service. As a result, fixed costs are indirect. Fixed costs can include property taxes, rent, salaries and the cost of benefits…
Blockchain Wallet Cryptocurrency wallet A cryptocurrency wallet is a device, physical medium, program or service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet also offers the functionality of encrypting or signing information. Signing can for example result in executing a smart contract, a cryptocurrency…
Solana (SOL) Solana (SOL) is a decentralized computing platform that uses SOL to pay for transactions. The currency aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization. Solana…
Bitcoin (₿) Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. An unknown person or group of people using the name…
Litecoin (LTC or Ł) Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. The crypto was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin. Litecoin is different in some ways from Bitcoin: The Litecoin Network aims to process a block every 2.5 minutes, rather than…
Tether (USDT) It is a cryptocurrency with tokens by Tether (USDT) Limited, which in turn is controlled by the owners of Bitfinex. The original design was always worth $1.00, maintaining $1.00 in reserves for each tether issued. While, according to its 2021 settlement with the New York Attorney General Letitia James, “Tether (USDT) represents to users that any…
Binance Coin (BNB) Binance Coin is the cryptocurrency issued by Binance exchange and trades with the BNB symbol. As of June 2021, Binance Exchange is the largest cryptocurrency exchange in the world, supporting more than 1.4 million transactions per second. Binance Coin (BNB) is an ERC20 token issued on the Ethereum blockchain by the popular cryptocurrency exchange Binance. BNB price 426.3…
Moreover, How to start trading on forex How to start trading on forex? Many want to make money in the forex market, but few who begin to trade forex want to do the prep work needed to become successful traders. While trading forex has become easier now than ever before because you can trade online via the internet, most novice traders…
What crypto to buy From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, which can make it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies based on their market capitalization or the total value of…
How many crypto coins are there The global crypto market cap is $2.03T Cryptocurrencies are almost always designed to be free from government manipulation and control, although as they have grown more popular. Thirdbrainfx has listed for you -How many crypto coins are there. The currencies modelled after Bitcoin are collectively called altcoins, and have often…