Swaps and trades are very similar in the cryptoverse. So similar, in fact, that they are often confused. Both allow you to obtain the assets you want, and both can be conducted quickly and seamlessly through apps such as rhino.fi. However, there are important differences to bear in mind. And in this edition of RhinoLearn […]
Crypto Swap vs Trade: A Beginner’s Guide Read More »
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
What is DeFi? Decentralised Finance Explained Read More »
Blockchains underpin many of the world’s most popular cryptocurrencies, and in fact they provide a basis for the entire crypto universe. These chains are built on fair, transparent and democratic technology, and crucially they don’t need a central person or authority to oversee them. This means they have all kinds of use cases that stretch
What is a Blockchain? Blockchain Technology Explained Read More »
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.
What Is API Trading? Read More »
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
Staking in Crypto: What is Staking & What Are the Benefits? Read More »
Automated Market Makers (AMMs) and liquidity pools allow you to trade virtual currencies instantly, without the need for either a conventional middleman or a partner on the other side of the trade. Ok, that’s the top-line, but there’s loads of other stuff you should know about this concept as it’s very much on the tip
What are AMMs and Liquidity Pools? Read More »
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
What Are Rollups? | ZK vs Optimism Rollups Explained Read More »
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
What is a DEX? Decentralised Exchanges Explained Read More »
A crypto wallet is a form of digital storage that is specifically designed to store, spend and receive cryptocurrencies. This is the very foundation of crypto, the basecamp from which all services and possibilities are reached. However there’s still loads of misunderstanding around crypto wallets and how to use them. So in this edition of
What Is A Crypto Wallet? Cryptocurrency Wallets Explained Read More »
Coins and tokens are easily confused. Both are forms of cryptocurrency, and their functions tend to overlap. Many commentators (rather lazily) use the two terms interchangeably, which only adds to the befuddlement of everyday users. However there are several significant differences between coins and tokens. In this edition of RhinoLearn, we’ll take you through the
Tokens vs Coins: What’s the Difference? Read More »
