Basics Guides

Throughout 2017 and 2018 there have been a number of Bitcoin forks, where new coins have been created off Bitcoin. Notable examples including Bitcoin Cash and Bitcoin Gold.

This provides opportunities like getting free coins, so draws a lot of attention. This guide will go through upcoming Bitcoin/crypto forks in the second half of 2018.

What is a Bitcoin Fork?<...

This is a sponsored post (we were paid some money for writing it).

Over 2018 the idea of a Bitcoin ATM has started to become more popular, where rather than withdrawing cash like a normal ATM you're able to exchange your cash for Bitcoin. Below we go through how these work, and some websites mapping out where these ATMs are.

How does a Bitcoin ATM work?

Using a Bitcoin ATM is very similar to using a website like Coinbase, where...

When you send a cryptocurrency like Bitcoin from one wallet to another, for example when you move it between two exchanges, you have to pay a fee. Sometimes this is very small, and sometimes it's very large; this guide will go through how these fees work.

How money is sent via proof-of-work & proof-of-stake

There are two common ways to achieve consensus (dec...

On the 6th April 2018, Monero went through a hard-fork where it changed it's mining algorithm to become resistant to ASIC Cryptonight miners.

Over the 5th & 6th April 2018, several other variations of Monero have appeared causing many people to be confused on which one they should be holding and supporting. This guide will explain what each of these are.

See this earlier g...

Cryptocurrency exchanges have become very popular in 2018 due to growing interest in Bitcoin and altcoins. One often problematic aspect is cryptocurrency charts, where not only do many exchanges have poor charting functionality, but they also normally only offer these charts for coins they support. So if you use more than one exchange, to check daily prices you need to go to each individual exc...

Cryptocurrencies like Bitcoin have been the center of many Twitter scams recently, where unlike scams in fiat currencies like USD or GBP, money sent to a scammer in Bitcoin can be very hard to get back, and also difficult to link to the person behind the scam. This combined with many new crypto investors keen to make money quickly has led to many people losing money in these scams.

This g...

When setting up a Bitcoin wallet, you're normally provided a backup seed, so that if you lose access to the wallet you can recover any money in it. This backup seed needs to be kept very safe, as without it you may lose access to your Bitcoin, and if someone else gets it they can steal your money (e.g. you should never store this in plain text, or take a picture of it on your smartphone).

Going into 2018 Bitcoin's price has dropped significantly, from around $19,900 on 17th December 2017 right down to $8,036 on 4th February 2018.

Preparing yourself ahead of time allows you to take advantage of the situation, and even during the drop being aware of certain things can be beneficial. This guide will go through things to do before and during what people refer to as Bitcoin pri...

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All information on this website is for general informational purposes only, it is not intended to provide legal or financial advice. We encourage you to consult your own legal & financial advisors before making any cryptocurrency-related purchase.