Day: July 7, 2022

What Is API Trading?

An application programming interface, otherwise known as an API, sounds really complicated. But actually, it’s very simple: it’s a software product that allows two programmes or applications to talk to one another. This is the basis of API trading, which is a popular option for advanced traders on rhino.fi, particularly those with software programming experience. …

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Staking in Crypto: What is Staking & What Are the Benefits?

The crypto world was originally built for active traders. You could buy and swap one currency for another, but couldn’t access the passive income opportunities that are available in the traditional fiat world. However all that changed with the emergence of programmable blockchains such as Ethereum, which can be used as a basis for the …

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What Are Rollups? | ZK vs Optimism Rollups Explained

A rollup is a platform that is designed to solve Ethereum’s scalability problem.  The platform takes transactions off the main Ethereum blockchain, which is extremely congested, and processes them independently. Because the transactions occur off the main network, users do not face the lengthy delays and soaring gas fees. Rollups take their name because unlike …

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Convert Fiat to Crypto | How to Buy Crypto with Fiat 

Moving from the old world of physical currencies into the new realm of crypto is a daunting barrier for many users. It’s often the first big transaction a user makes, so it’s natural that many people have concerns and questions. In this edition of RhinoLearn we’re going to take you through the process of moving …

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What is a DEX? Decentralised Exchanges Explained

The term ‘DEX’ stands for decentralised exchange and it’s an acronym you’ll hear loads in the DeFi world. Several of the most popular platforms and ecosystems in the DeFi space are DEXs. rhino.fi is a DEX, for example, as are UniSwap and CowSwap. This is in contrast to platforms such as Binance and Coinbase, which …

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How To Connect a MetaMask or Ledger Wallet To rhino.fi  

Connecting your wallet is an essential first step to using rhino.fi and can be a source of concern for many users. There are several different types of wallets, both hardware (like USB sticks) and software (like the financial apps you use online), and connecting them can seem tricky if you’ve never done it before. But …

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What is Layer 2 on Ethereum? L2 explained

Layer 2 is the collective term for a group of crypto projects that have been built as semi-autonomous satellites of the main Ethereum blockchain. The group includes rhino.fi. These projects, which include both trading platforms and networks of decentralised applications, solve Ethereum’s well-publicised congestion problem by handling many of its everyday transactions off-chain before posting …

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What is DeFi? Decentralised Finance Explained

Decentralised finance, or DeFi, is a reboot of the traditional financial system which removes the need for central intermediaries such as banks, exchanges and pension funds. No-one owns it and anyone can access it. This new system harnesses the potential of decentralised blockchains such as Ethereum, which can execute transactions without requiring a human to …

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