Phemex Announcements
โœ”
6.97K subscribers
1.22K photos
25 videos
1.95K links
๐Ÿ“ฃ This is the official announcements channel of Phemex crypto exchange.

๐Ÿ’ฌ Join the discussion group: @Phemex_EN

๐Ÿ‘‰ Follow Phemex on Twitter: twitter.com/Phemex_official

๐Ÿ“ˆ Trade now: https://phemex.com
Download Telegram
- - -

๐Ÿ”— What is Nervos Network (CKB): One-Stop Shop for DApp Development ๐Ÿง‘โ€๐Ÿ’ป

๐Ÿ”น The Nervos Network is both a Layer 1 and 2 Proof-of-Work blockchain that aims to solve the issues of interoperability and scalability.
๐Ÿ”น It does this by providing a suite of tools called the Universal Passport for the creation of โ€œUniversal Applicationsโ€ i.e. apps that can work across every chain in the ecosystem.
๐Ÿ”น The CKB coin is the native token of the Nervos Network; it allows holders to purchase space on the blockchain and prevent low-quality DApps from taking up resources and creating congestion on the chain.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/what-is-nervos-network-ckb

#PhemexAcademy #CryptoInsights

- - -
- - -

โŽ What is Pundi X: Crypto Point-of-Sale Provider

Pundi X is a crypto point-of-sale company that creates a seamless process for users to pay for products and services using crypto.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/what-is-pundi-x

#PhemexAcademy #CryptoInsights

- - -
- - -

๐ŸŒ• What Is Moonriver (MOVR)? Ethereum-Compatible Testing Environment

๐Ÿ”น Moonriver is a companion platform to Moonbeam where code is first developed and tested in an Ethereum-compatible environment before being deployed to the Moonbeam network.
๐Ÿ”น Being the first EVM-compatible launch on Kusama, Moonriver allows developers to port over their applications from Ethereum with minimal friction.
๐Ÿ”น MOVR is the utility token of the Moonriver network used for transaction fees, staking, governance, and smart contracts.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/what-is-moonriver-movr

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿช™ What Are Digital Assets & Why Do They Have Value ๐Ÿ’Ž

๐Ÿ”น Digital assets can refer to any data or file that exists in a digital format.
๐Ÿ”น Within the context of blockchain, however, it refers mainly to cryptocurrencies and NFTs.
๐Ÿ”น Currently, there are mainly two types of value that affect the prices of digital assets: utility value and speculative value.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/what-are-digital-assets

#PhemexAcademy #CryptoInsights

- - -
- - -

ฮž How to Stake Ethereum: What If I Donโ€™t Have 32 ETH To Stake?

Ethereum staking allows investors to earn passive income.
While the โ€œgold standardโ€ method of staking Ethereum involves solo staking the full sum of 32 ETH, there are other more flexible ways of staking that do not require such high amounts of capital.
These include using liquidity pools, staking-as-a-service, and centralized exchanges.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/how-to-stake-ethereum

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿ‘› Trezor VS Ledger Crypto Wallets: Which Is Better? ๐Ÿค”

๐Ÿ”น Trezor and Ledger are among the most popular hard wallets used by cryptocurrency holders.
๐Ÿ”น However, there are differences between both in terms of security, app integration and functionality.
๐Ÿ”น There is no one-size-fits-all best wallet; it all depends on individual preference. For example, Ledger wallets are better suited to traders who regularly swap crypto assets, as Ledger has bluetooth connectivity that facilitates mobile trading.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/trezor-vs-ledger

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿ”ฐ What Is zkSNARK: A Beginner-Friendly Explainer

๐Ÿ”น zkSNARKS is a zero-knowledge proof system that allows one party to prove to another party that they know a value x without conveying any other information about x.
๐Ÿ”น The key idea is that it should be impossible for the verifier to derive any information about x from the mere fact that the prover was able to prove they knew it. This protects the proverโ€™s data privacy.
๐Ÿ”น Zero-knowledge proof systems are used in a variety of applications, including secure communications, cryptography, and privacy-preserving data analysis.

More info: https://phemex.com/academy/what-is-zksnark

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿ’ก What Is A Doom Loop?

A doom loop occurs when an adverse condition causes another adverse condition that, then, causes another adverse condition โ€“ creating a dangerous, downward spiral thatโ€™s difficult to escape.

Here is a doom loop example: Imagine a depressed man. That man can be depressed for a number of reasons, but thatโ€™s not important. Whatโ€™s important is the effect depression has on the man. So, imagine a depressed man. Now imagine that the depression leads the man to behave in a way that causes him to lose his job. Now imagine that this man comes into conflict with his wife because he lost his job. This is a doom loop.


More info: https://phemex.com/blogs/what-is-a-doom-loop-crypto

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿ’ฐ Top Penny Cryptos to Invest in 2023 (With 5-Point Checklist)

Penny cryptocurrencies, also known as micro-cap coins, are digital assets with prices that are typically less than one dollar.

The big deal about penny cryptocurrencies is that these coins can offer investors unique opportunities to make large gainsโ€“anything from 50X to 1,000X gains or more, if investors are able to identify the right coins at the right time.


More info: https://phemex.com/academy/top-penny-cryptos-to-invest-in-2023

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿ“Š Blockchain Analytics: 11 Free Crypto Research Tools You Need

Blockchain analyticsโ€“the science of extracting, analyzing and visualize actionable blockchain dataโ€“thus provide immense value to investors by helping them identify trends and make sound, informed investing decisions.

Learn more: https://phemex.com/academy/blockchain-analytics

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿถ What is Tamadoge? TAMA Price Prediction

๐Ÿ”น Tamadoge is a play-to-earn crypto gaming platform that recently launched NFT collections and is expected to release its first games very soon.
๐Ÿ”น Tamadogeโ€™s TAMA token, delivered x15 returns to early investors at its all-time high.
๐Ÿ”น Currently, the coin is hovering around $0.01 โ€“ $0.02, and it remains to be seen how the release of the Tamadoge games will affect TAMAโ€™s price.

Learn more: ๐Ÿ”ฝ
https://phemex.com/academy/what-is-tamadoge-tama-price-prediction

#PhemexAcademy #CryptoInsights

- - -
- - -

โ–ถ๏ธ What is RollerCoin: Online Bitcoin Mining Simulator

๐Ÿ”น RollerCoin is a play to earn (P2E) online video game designed to let players earn Bitcoin (BTC) and other popular cryptos whilst playing.
๐Ÿ”น It is a mining simulator, where the players play against other players in order to have the possibility of earning cryptocurrencies.
๐Ÿ”น Since its launch in 2019 it has become the most popular crypto mining simulator, boasting an active community of more than 2 million players. RollerCoin contains a number of mini games, as well as giving its players the ability to build their own mining farm, which is their main game.

Learn more: ๐Ÿ‘‡
https://phemex.com/academy/what-is-rollercoin-online-bitcoin-mining-simulator

#PhemexAcademy #CryptoInsights

- - -
- - -

๐Ÿ”“ Cryptocurrency Glossary

Highlights

๐Ÿ”น 2FA
Two-factor authentication (2FA) is a security process that requires a user to provide two different authentication factors to verify their identity. This could include a password and a one-time code sent to their mobile device.

๐Ÿ”น 51% Attack
A 51% attack is a type of attack on a blockchain network where a single entity or group of entities control more than 50% of the networkโ€™s computing power. This allows the attacker to potentially manipulate the network and carry out fraudulent transactions.

Read More: ๐Ÿ‘‰ https://phemex.com/academy/cryptocurrency-glossary

#PhemexAcademy #CryptoInsights

- - -
๐Ÿš€ Why Trade Meme Coins? ๐Ÿš€

Ever wonder what makes meme coins so popular? From wild price swings to social-driven hype, meme coins like DOGE and SHIB offer unique trading opportunities. Learn about the risks, rewards, and reasons traders dive into the meme coin market, plus strategies to help you navigate this high-volatility landscape.

Curious to know more? ๐Ÿ‘‡
https://phemex.com/academy/why-trade-meme-coins

#PhemexAcademy #CryptoInsights
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ—ณ With the U.S. Presidential Election approaching, crypto markets brace for potential impacts. How will policy shifts and political outcomes shape Bitcoin, Ethereum, and other assets? Learn how key scenarios could influence your trading strategy.

๐Ÿ”— Explore the full analysis: https://phemex.com/academy/us-election-means-for-crypto

#PhemexAcademy #CryptoInsights
๐Ÿ” Who is the real Satoshi Nakamoto?

Dive into the mystery behind the creator of Bitcoin and explore the theories and possibilities surrounding this enigmatic figure. Read more and join the conversation!

Check it out: ๐Ÿ‘‡
https://phemex.com/academy/the-myth-of-satoshi-nakamoto

#PhemexAcademy #CryptoInsights