Course Content
Introduction to Bitcoin and Blockchain
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Economics 101
00:00
Concept of centralization vs decentralization
00:00
Bitcoin
00:00
Blockchain Part01
00:00
Blockchain Part02
00:00
The potential of blockchain
00:00
Bitcoin Miner
00:00
All cryptocurrencies
00:00
Fundamentals of Money Management for purchasing cryptocurrencies, investor types, and psychology
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Principles of Investing in Cryptocurrency
00:00
Decoding Market Cycles
00:00
Determine your investor type! (long-term investor)
00:00
Determine your investor type! (trader)
00:00
When Invest?
00:00
Understanding Cryptocurrency Risk: A Guide Based on Market Capitalization
00:00
Unlocking Potential: Navigating Investments in Low-Cap Cryptocurrencies
00:00
Exploring Opportunities: Navigating Investments in ICOs and Low-Cap Cryptocurrencie
00:00
Wisely Managing Your Investments: Preventing Financial Headaches in the Stock Market
00:00
Navigating the World of Cryptocurrencies: An Essential Guide for New Investors
00:00
How to Close the Loop Effectively : From Crypto Financial Currency to Financial Currency Crypto and Vice Versa
0/1
Summary: Converting Fiat to Crypto and Exploring Cryptocurrency Opportunities
00:00
Centralized Exchange: Website for buying and exchanging digital currency
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What is an exchange platform?
00:00
Cryptocurrency exchange platform
00:00
How to choose your centralized exchange platform or platforms?
00:00
Why is diversifying across multiple centralized exchange platforms recommended?
00:00
How does an exchange site work?
00:00
Decentralized Cryptocurrency Wallets
0/9
What is a digital cryptocurrency wallet?
00:00
Cold Wallets – Offline
00:00
Hot wallets – Online
00:00
Transaction on the blockchain between cryptocurrency wallets
00:00
Which Wallet for Which Blockchain?
00:00
Does a Wallet Need Gas to Interact with a Web 3.0 Protocol?
00:00
How to Create a Wallet Metamask?
00:00
How to Add Other Blockchains (Networks) to Your Metamask Wallet?
00:00
Managing Tokens on Added Blockchain Networks in Your Wallet
00:00
Decentralized Exchange : A DeFi Application for Decentralized Token Swapping
Security practice, never lose your cryptocurrencies and avoid being scammed
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Why people lose their own cryptocurrencies?
00:00
Security Principles for Large Amounts
00:00
Basic Security Principles
00:00
Cryptocurrency Risk Management: Strategies to Protect Your Investment Part01
00:00
Cryptocurrency Risk Management: Strategies to Protect Your Investment Part02
00:00
Cryptocurrency Risk Management: Strategies to Protect Your Investment Part03
00:00
Cryptocurrency Risk Management: Strategies to Protect Your Investment Part04
00:00
Cryptocurrency Risk Management: Strategies to Protect Your Investment Part05
00:00
Cryptocurrency Risk Management: Strategies to Protect Your Investment Part06
00:00
Essential Cryptocurrency Training

The operation of a cryptocurrency exchange site can be broken down into several steps:

Create a personal account: The first step is to create a personal account on the exchange platform. This involves providing personal information such as your name, email address, and sometimes identification documents.

Verify your account: After creating the account, the website will proceed with verification according to its protocol. This may include submitting supporting documents to confirm your identity.

Fund your account: Once your account is verified, you’ll need to fund it using one of the payment methods offered by the platform. Options may include bank transfer, Interac, SEPA, credit card, money order, bank draft, and others.

 

Purchase digital currencies: With your funded account, you can buy cryptocurrencies available on the website. If using a brokerage platform, the price may be set by the broker. If using a trading platform, the price will be determined by market supply and demand.

  1. Receive digital currencies: After the purchase, the bought cryptocurrencies will be credited to your account on the platform, visible in your virtual wallet on the site.

  1. Transfer funds to a personal wallet: For security reasons, it is recommended to transfer the cryptocurrencies from your wallet on the platform to a decentralized personal wallet. This ensures that you have full control of your funds and minimizes risks associated with keeping funds on an exchange platform.

The process of operating an exchange platform can also be reversed to allow for more flexibility in fund management. Here’s how it can be achieved:

  1. From your decentralized personal wallet to your platform account:

    • Initiate the transfer of your cryptocurrencies from your decentralized personal wallet to your account on the exchange platform. This step reloads your account with cryptocurrencies.

  1. Transfer your cryptocurrencies to fiat currencies (“cash”):

    • Once your cryptocurrencies are on your account, you have the option to exchange them for fiat currencies, such as the dollar, euro, etc. If using a broker, the price will be set by the broker. In trading, the price will be determined by market supply and demand.

  1. Send fiat currencies to your bank account:

    • To withdraw funds, you can choose from the payment methods offered by the platform, such as Interac, bank transfers, SEPA, checks, PayPal, and others. Select the option that best suits your needs and transfer the funds to your bank account.

This flexibility allows users to go in both directions, converting their cryptocurrencies into fiat currencies and vice versa, providing easy asset management.

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