A Detailed Overview Of Web 3
Imagine a world where you own your data, and you do not need to trust big corporations to keep your information safe. Moreover, it’s a place where no one dictates what you can and cannot access online. Welcome to Web 3 — the technology that has empowered everyday internet users like you and me.
However,…
https://blog.getkoyn.com/a-comprehensive-guide-to-web-3/
Imagine a world where you own your data, and you do not need to trust big corporations to keep your information safe. Moreover, it’s a place where no one dictates what you can and cannot access online. Welcome to Web 3 — the technology that has empowered everyday internet users like you and me.
However,…
https://blog.getkoyn.com/a-comprehensive-guide-to-web-3/
Everything You Should Know About Seed Phrases
One of the first terms you come across when launching a new crypto wallet is a seed phrase. Often described as the master key of your wallet, your seed phrase is a vital element of its security. But what is a seed phrase? How does it work? And how can you secure it to protect…
https://blog.getkoyn.com/everything-you-should-know-about-seed-phrases/
One of the first terms you come across when launching a new crypto wallet is a seed phrase. Often described as the master key of your wallet, your seed phrase is a vital element of its security. But what is a seed phrase? How does it work? And how can you secure it to protect…
https://blog.getkoyn.com/everything-you-should-know-about-seed-phrases/
Hot And Cold Wallets Explained
If you have interacted long enough with the crypto world, chances are you’ve heard words like hot wallets and cold wallets. These tools are important because they determine how you store, access, and protect your digital assets. In this article, I will walk you through hot and cold wallets explained.
By the end of this…
https://blog.getkoyn.com/hot-and-cold-wallets-explained/
If you have interacted long enough with the crypto world, chances are you’ve heard words like hot wallets and cold wallets. These tools are important because they determine how you store, access, and protect your digital assets. In this article, I will walk you through hot and cold wallets explained.
By the end of this…
https://blog.getkoyn.com/hot-and-cold-wallets-explained/
How to Convert Apple Gift Cards to Bitcoin: A Step-by-Step Guide
When you first look at this topic, it seems unrelated. You might ask, ‘What is the relationship between an Apple gift card and Bitcoin? ‘ The answer is ‘Not Much,’ but this does not mean they have no role to play.
Gift cards, in general, are used in place of bank cards and cash as…
https://blog.getkoyn.com/how-to-convert-apple-gift-cards-to-bitcoin/
When you first look at this topic, it seems unrelated. You might ask, ‘What is the relationship between an Apple gift card and Bitcoin? ‘ The answer is ‘Not Much,’ but this does not mean they have no role to play.
Gift cards, in general, are used in place of bank cards and cash as…
https://blog.getkoyn.com/how-to-convert-apple-gift-cards-to-bitcoin/
What Is Litecoin (LTC) and How Does It Work?
When talking about cryptocurrencies, the spotlight often falls on Bitcoin and Ethereum. But did you know that Litecoin is also a crypto giant? In fact, it is often referred to as the silver to Bitcoin’s gold.
Litecoin was created in 2011 by a former Google engineer called Charlie Lee. It was designed to address some…
https://blog.getkoyn.com/what-is-litecoin/
When talking about cryptocurrencies, the spotlight often falls on Bitcoin and Ethereum. But did you know that Litecoin is also a crypto giant? In fact, it is often referred to as the silver to Bitcoin’s gold.
Litecoin was created in 2011 by a former Google engineer called Charlie Lee. It was designed to address some…
https://blog.getkoyn.com/what-is-litecoin/
Who Are Miners? How Does Mining Work?
Blockchain technology has truly transformed the financial world because of the decentralization it has brought to the industry. But have you ever wondered how a blockchain network works and how or who verifies transactions? Well, the unseen heroes who are responsible for how cryptocurrencies work are called miners.
Miners are the literal backbone of systems…
https://blog.getkoyn.com/who-are-miners/
Blockchain technology has truly transformed the financial world because of the decentralization it has brought to the industry. But have you ever wondered how a blockchain network works and how or who verifies transactions? Well, the unseen heroes who are responsible for how cryptocurrencies work are called miners.
Miners are the literal backbone of systems…
https://blog.getkoyn.com/who-are-miners/
Consensus Mechanisms: Definition and Types
Most of us are already used to the security systems of institutions like banks and governments. There are usually officials and mechanisms put in place to ensure things run smoothly. So, I get if you are finding it difficult to wrap your head around how a decentralized system works.
Well, in the blockchain world, where…
https://blog.getkoyn.com/consensus-mechanisms-explained/
Most of us are already used to the security systems of institutions like banks and governments. There are usually officials and mechanisms put in place to ensure things run smoothly. So, I get if you are finding it difficult to wrap your head around how a decentralized system works.
Well, in the blockchain world, where…
https://blog.getkoyn.com/consensus-mechanisms-explained/
A Comparison of Inflationary and Deflationary Cryptocurrencies
Cryptocurrencies have transformed how we think about money. However, despite how common they are, many people do not understand a vital aspect of these assets — how their supply is managed. In traditional finance, the government and central bank control the distribution of money.
Well, things are quite different in the decentralized world. Cryptocurrenciesrely on…
https://blog.getkoyn.com/inflationary-vs-deflationary-cryptocurrencies/
Cryptocurrencies have transformed how we think about money. However, despite how common they are, many people do not understand a vital aspect of these assets — how their supply is managed. In traditional finance, the government and central bank control the distribution of money.
Well, things are quite different in the decentralized world. Cryptocurrenciesrely on…
https://blog.getkoyn.com/inflationary-vs-deflationary-cryptocurrencies/
Best Platform to Convert USDT to Naira
Nigerians transact business daily in naira and dollars on a high scale therefore are always looking for the Best Platform to Convert USDT to Naira. When dollars come in, it is necessary to convert it to naira. You can get dollars as a Nigerian if you are into import and exports, a vendor or freelancer…
https://blog.getkoyn.com/best-platform-to-convert-usdt-to-naira/
Nigerians transact business daily in naira and dollars on a high scale therefore are always looking for the Best Platform to Convert USDT to Naira. When dollars come in, it is necessary to convert it to naira. You can get dollars as a Nigerian if you are into import and exports, a vendor or freelancer…
https://blog.getkoyn.com/best-platform-to-convert-usdt-to-naira/
Best Platform to Convert USDT to Naira
Nigerians transact business daily in naira and dollars on a high scale therefore are always looking for the Best Platform to Convert USDT to Naira. When dollars come in, it is necessary to convert it to naira. You can get dollars as a Nigerian if you are into import and exports, a vendor or freelancer…
https://blog.getkoyn.com/best-platform-to-convert-usdt-to-naira/
Nigerians transact business daily in naira and dollars on a high scale therefore are always looking for the Best Platform to Convert USDT to Naira. When dollars come in, it is necessary to convert it to naira. You can get dollars as a Nigerian if you are into import and exports, a vendor or freelancer…
https://blog.getkoyn.com/best-platform-to-convert-usdt-to-naira/
Best Platform to Convert USDT to Naira
Nigerians transact business daily in naira and dollars on a high scale therefore are always looking for the Best Platform to Convert USDT to Naira. When dollars come in, it is necessary to convert it to naira. You can get dollars as a Nigerian if you are into import and exports, a vendor or freelancer…
https://blog.getkoyn.com/best-platform-to-convert-usdt-to-naira/
Nigerians transact business daily in naira and dollars on a high scale therefore are always looking for the Best Platform to Convert USDT to Naira. When dollars come in, it is necessary to convert it to naira. You can get dollars as a Nigerian if you are into import and exports, a vendor or freelancer…
https://blog.getkoyn.com/best-platform-to-convert-usdt-to-naira/
Best Tether Wallets for TRC-20 USDT Storage
According to today’s statistics from Defillama, the total market cap of stablecoins is $204.45 billion, with USDT dominance of 68.51%. This stat shows how huge the volume of USDT is used in trading and exchanges.
For a cryptocurrency to go from sender to receiver, it must be moved from one wallet to another through a…
https://blog.getkoyn.com/best-tether-wallets-for-trc-20-usdt-storage/
According to today’s statistics from Defillama, the total market cap of stablecoins is $204.45 billion, with USDT dominance of 68.51%. This stat shows how huge the volume of USDT is used in trading and exchanges.
For a cryptocurrency to go from sender to receiver, it must be moved from one wallet to another through a…
https://blog.getkoyn.com/best-tether-wallets-for-trc-20-usdt-storage/
Top P2P Trading Platforms in Nigeria With the Lowest Rate
Before 2021, P2P trading was present but not common in Nigeria. Crypto traders bought and sold their assets directly on crypto platforms through local banks. Then, in February of that same year, The Central Bank of Nigeria (CBN) under Godwin Emefiele issued directives to banks that prohibited the trading of cryptocurrencies.
This action automatically banned…
https://blog.getkoyn.com/top-p2p-trading-platforms-in-nigeria-with-the-lowest-rate/
Before 2021, P2P trading was present but not common in Nigeria. Crypto traders bought and sold their assets directly on crypto platforms through local banks. Then, in February of that same year, The Central Bank of Nigeria (CBN) under Godwin Emefiele issued directives to banks that prohibited the trading of cryptocurrencies.
This action automatically banned…
https://blog.getkoyn.com/top-p2p-trading-platforms-in-nigeria-with-the-lowest-rate/
How Can I Create a Virtual Dollar Card for Transaction
Every day, people make cross-border payments. They could be for subscriptions to YouTube Music, Netflix, and Amazon, to pay for courses on Coursera, Udemy, or Udacity, or to make Visa and other educational payments and other types of transactions.
Whatever the reason, this requires a virtual dollar card. It is not easy to get a…
https://blog.getkoyn.com/how-can-i-create-a-virtual-dollar-card/
Every day, people make cross-border payments. They could be for subscriptions to YouTube Music, Netflix, and Amazon, to pay for courses on Coursera, Udemy, or Udacity, or to make Visa and other educational payments and other types of transactions.
Whatever the reason, this requires a virtual dollar card. It is not easy to get a…
https://blog.getkoyn.com/how-can-i-create-a-virtual-dollar-card/
Top Five Cheapest Crypto Exchanges in Nigeria
According to a report by Chainalysis, Nigeria comes second in cryptocurrency adoption, behind India, with 33% of the population investing in it. This adoption is due to inflation, unemployment, lack of access to traditional banking services, and lack of trust in government and banks. Despite government restrictions and regulations, these efforts have not stopped people…
https://blog.getkoyn.com/top-five-cheapest-crypto-exchanges-in-nigeria/
According to a report by Chainalysis, Nigeria comes second in cryptocurrency adoption, behind India, with 33% of the population investing in it. This adoption is due to inflation, unemployment, lack of access to traditional banking services, and lack of trust in government and banks. Despite government restrictions and regulations, these efforts have not stopped people…
https://blog.getkoyn.com/top-five-cheapest-crypto-exchanges-in-nigeria/
Introduction to Hashing and Hashing Algorithm
Hash rate, hash functions. These are words thrown around when the subject of digital or blockchain security comes up. This is because without these metrics, the internet and blockchain networks as we know it would not be safe. But what do these terms really mean?
Well, in this article, we will be introducing hashing and…
https://blog.getkoyn.com/introduction-to-hashing-and-hashing-algorithm/
Hash rate, hash functions. These are words thrown around when the subject of digital or blockchain security comes up. This is because without these metrics, the internet and blockchain networks as we know it would not be safe. But what do these terms really mean?
Well, in this article, we will be introducing hashing and…
https://blog.getkoyn.com/introduction-to-hashing-and-hashing-algorithm/
Best P2P Exchange in Nigeria 2025
Between 2017 and 2024, Nigerians adopted cryptocurrency and gift cards. Despite the government’s restrictions, the market keeps expanding, and there are now many crypto platforms to trade.
According to a statistical report from Statista on cryptocurrency in Nigeria, revenue from crypto is expected to reach US$1,555.0m, the number of users will reach 25.86m, and the…
https://blog.getkoyn.com/best-p2p-exchange-in-nigeria-2025/
Between 2017 and 2024, Nigerians adopted cryptocurrency and gift cards. Despite the government’s restrictions, the market keeps expanding, and there are now many crypto platforms to trade.
According to a statistical report from Statista on cryptocurrency in Nigeria, revenue from crypto is expected to reach US$1,555.0m, the number of users will reach 25.86m, and the…
https://blog.getkoyn.com/best-p2p-exchange-in-nigeria-2025/
How to Sell Gift Cards in Nigeria
The business of trading gift cards has been around for a while and is thriving in Nigeria. This is due to how Nigerians use brands that work with gift cards for different reasons, such as shopping, gaming, gifting, etc.
Due to their ease of use and wide acceptance, these cards are now in high demand…
https://blog.getkoyn.com/how-to-sell-gift-cards-in-nigeria/
The business of trading gift cards has been around for a while and is thriving in Nigeria. This is due to how Nigerians use brands that work with gift cards for different reasons, such as shopping, gaming, gifting, etc.
Due to their ease of use and wide acceptance, these cards are now in high demand…
https://blog.getkoyn.com/how-to-sell-gift-cards-in-nigeria/
How to Sell Steam Cards for Bitcoin: A Step-By-Step Guide
As a gamer, you would know what Steam gift cards are. You could have it in excess and choose to sell it off for extra cash or crypto. Even as a non-gamer, what if you are in the business of gift card trading and you need Bitcoins instead? Selling your Steam cards for Bitcoin is…
https://blog.getkoyn.com/how-to-sell-steam-cards-for-bitcoin/
As a gamer, you would know what Steam gift cards are. You could have it in excess and choose to sell it off for extra cash or crypto. Even as a non-gamer, what if you are in the business of gift card trading and you need Bitcoins instead? Selling your Steam cards for Bitcoin is…
https://blog.getkoyn.com/how-to-sell-steam-cards-for-bitcoin/
Example of USDT TRC Wallet
In the cryptocurrency world, stablecoins are necessary because they offer price stability, fast transactions, global access, and seamless integration between crypto and fiat. One such stablecoin is the USDT. Another important factor is the wallet used to store it and the network used to move it between wallets. One such wallet is the TRC-20 wallet.…
https://blog.getkoyn.com/example-of-usdt-trc-wallet/
In the cryptocurrency world, stablecoins are necessary because they offer price stability, fast transactions, global access, and seamless integration between crypto and fiat. One such stablecoin is the USDT. Another important factor is the wallet used to store it and the network used to move it between wallets. One such wallet is the TRC-20 wallet.…
https://blog.getkoyn.com/example-of-usdt-trc-wallet/
How to Sell Gift Cards in Nigeria
The business of trading gift cards has been around for a while and is thriving in Nigeria. This is due to how Nigerians use brands that work with gift cards for different reasons, such as shopping, gaming, gifting, etc.
Due to their ease of use and wide acceptance, these cards are now in high demand…
https://blog.getkoyn.com/how-to-sell-gift-cards-in-nigeria/
The business of trading gift cards has been around for a while and is thriving in Nigeria. This is due to how Nigerians use brands that work with gift cards for different reasons, such as shopping, gaming, gifting, etc.
Due to their ease of use and wide acceptance, these cards are now in high demand…
https://blog.getkoyn.com/how-to-sell-gift-cards-in-nigeria/