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All Posts in the Category “Academy” | SwapSpace Blog

How to Minimize Crypto Transaction Costs: Tips and Strategies

How to Minimize Crypto Transaction Costs: Tips and Strategies

15 Nov 2023 ◦ 11 min read
When transferring cryptocurrencies between wallets, all existing blockchains charge a fee in the form of a fee, which is a reward for mining or stacking (PoW or PoS). Each network has its own fee policy and it depends on many factors; its number varies throughout the day, and network congestion factors and transaction sizes in bytes are taken i
Cryptocurrency Wallet Types: Pros And Cons

Cryptocurrency Wallet Types: Pros And Cons

07 Mar 2024 ◦ 7 min read
In order to store crypto and increase the security level of your funds, you can use a cryptocurrency wallet. They have a higher level of protection in comparison with the crypto exchanges. In this article, you will get to know about the advantages and disadvantages of crypto wallets and get acquainted with their varieties and the most popular ex
What Is a DAO And How Does It Work?

What Is a DAO And How Does It Work?

31 Aug 2023 ◦ 12 min read
Until recently, the concept of blockchain was only known in the context of cryptocurrencies, but today this technology is actively used in business. What's more, the new acronym DAO is entering the mainstream. So the "untraditional" business model appears along with JSC and attracts the attention of business enthusiasts more and more. DAO Defi
How to Avoid Losing Your Crypto in Cross-Chain Swaps: a Detailed Guide

How to Avoid Losing Your Crypto in Cross-Chain Swaps: a Detailed Guide

23 Aug 2023 ◦ 17 min read
As you must know, there are many types of cryptocurrency operating on different networks and using different protocols. Although bitcoin still dominates the cryptocurrency market, this dominance has been declining in the past few years amid growing interest in DeFi cryptocurrencies and as this happens, the demand for Bitcoin's interaction wit
What Are Cross-Chain Swaps? An Introduction

What Are Cross-Chain Swaps? An Introduction

23 Aug 2023 ◦ 5 min read
Despite the fact that at the dawn of development, blockchain (initially designed mostly for Bitcoin ) perfectly managed with primary tasks within the same ecosystem, time has shown that the possible use case of it is much wider. Thus, according to their ideas and needs, users started to create their new blockchains. And today there are many sepa
Bitcoin Futures Trading And ETFs: What's All the Fuss?

Bitcoin Futures Trading And ETFs: What's All the Fuss?

23 Aug 2023 ◦ 5 min read
Despite the governments around the globe’s growing efforts to bring crypto markets under control, many aspects of them still somewhat resemble the Wild West — what with the play-to-earn games boom, NFT speculation, and other features that are often poorly understood by the officials. However, at the same time, there are some tendencies bringing
El Salvador Adoption of Bitcoin as Legal Tender: Why Is This Exciting and How to Understand It Better

El Salvador Adoption of Bitcoin as Legal Tender: Why Is This Exciting and How to Understand It Better

23 Aug 2023 ◦ 8 min read
For the past few weeks, the crypto world has been abuzz with the news of El Salvador’s official adoption of Bitcoin as legal tender. But why is it such a big deal? Let’s review the regulatory situations concerning digital money, look at why cryptocurrencies are special among them, and in the process find out what makes El Salvador’s case so u
What is IDO?

What is IDO?

31 Aug 2023 ◦ 8 min read
What is an IDO? IDO or Initial DEX offering is a way of amassing financing, a relatively new fundraising model that follows the success of the DeFi. IDO is the initial offer of coins on decentralized exchanges (DEX). This is an alternative to ICOs and IEOs, but fundraising takes place through liquidity pools. Unlike ICO and IEO, where
Top 5 Bitcoin Myths Debunked

Top 5 Bitcoin Myths Debunked

23 Aug 2023 ◦ 4 min read
Despite the fact that Bitcoin has been around for over eleven years and has gained numerous supporters over the course of its existence, there are still multiple misconceptions associated with it, further endorsed even by notorious financial institutions like Golden Sachs. They are based on faulty analysis, irrelevant arguments, and outdatedinfo
How to Create an NFT Token?

How to Create an NFT Token?

31 Aug 2023 ◦ 5 min read
The NFT craze There probably isn’t a hotter trend in crypto right now than the NFT surge of the last few weeks. Just like in many other trends, a significant amount of celebrities and billionaires have jumped on the boat that’s taken it to the mainstream, driving overall sales by over 55% with respect to last year. This might be the new crypto
Which Cryptocurrencies Have the Lowest Transaction Fees?

Which Cryptocurrencies Have the Lowest Transaction Fees?

23 Aug 2023 ◦ 7 min read
While cryptocurrencies have been around for a long time, they are still confusing for many people. The less obvious and common concern about cryptocurrencies is the so-called transaction fees that differ from one coin to another and how to find the cheapest of them.  What is a crypto transaction fee? A crypto transaction fee is essentially
What Is NFT? Non-fungible Tokens Explained

What Is NFT? Non-fungible Tokens Explained

31 Aug 2023 ◦ 8 min read
Many call 2021 the year of NFT. We see the evidence of this even outside the crypto world when we hear news about NyanCat being sold or music artists promoting their work and using NFT to monetize it. Even though there’s, undoubtedly, a lot of influence of NFT on people and pop culture, many still don’t know what it is and whether it’s worth payin

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