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Ways to buy cryptocurrency in Kazakhstan
Exchanges Many cryptocurrency exchanges support the tenge currency as a means of buying digital currencies. This is completely legal. It is important to choose a safe platform, as there are hundreds of them on the market. The platform should work for several years and have a good reputation. Buying on crypto exchanges is usually possible via bank cards (Visa/Mastercard/MIR) or payment systems (AdvCash, Payeer). Commissions are individual depending on the platform and payment method. Exchanges are also convenient due to additional features such as investments and different types of trading, including leverage. P2p-exchanges Examples: p2p-exchanges can compete with exchangers in
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What is Ethereum 2.0?
At the “Ethereum (ETH) Shanghai Web 3.0 Developer Summit” in late May 2022, Ethereum co-founder Vitalik Buterin said that the merging of two blockchains (“the merge”) will be completed this summer.The upgrade will move Ethereum from a so-called proof-of-work model to a proof-of-stake consensus mechanism. “If there are no problems, the merge will take place in August,” Buterin said. What is Ethereum (ETH) 2.0? Ethereum 2.0 is a new version of the Ethereum blockchain that uses a proof-of-stake consensus mechanism to verify transactions. Users indicate how much cryptocurrency they are willing to stake in order to verify crypto transactions. The
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What is bitcoin halving?
New Bitcoins are issued by the Bitcoin network every 10 minutes. In the first four years of Bitcoin’s existence, the number of new Bitcoins issued every 10 minutes was 50. Every four years, this number is halved. The day when the amount is halved is called the “halving”. What is the significance of the premium halving? The halving reduces the number of new Bitcoins generated per block. This means that the supply of new Bitcoins is lower. In normal markets, a lower supply with no change in demand usually leads to higher prices. Since halving reduces the supply of new
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What is a bull or bear market?
Markets with sustained and/or significant growth are called bull markets. Markets with persistent and/or significant declining prices are called bear markets. Each of these markets brings its own unique opportunities and risks. Whether we are talking about cryptocurrencies, stocks, real estate, or other assets, markets are often described as either bull or bear markets. Simply put, a bull market is a rising market, while in a bear market, prices are falling. Because markets often fluctuate, for example from day to day (or even moment to moment), the two terms usually describe the following market trends: Longer periods of time in
