Crypto Explained #1: Whales, Hodlers, BagHolders, Paper Hands
For starters, many crypto users often start as paper hands and progress to hodlers depending on their level of research upon entry into the space. Some enthusiasts grow and manage their portfolio excellently using exchanges like Busha and never have to become bagholders.
The Rise of eNaira and CBDCs
At the launch of e-Naira in October 2021, the Central Bank of Nigeria governor, Godwin Emefiele, said 500 million eNaira ($1.21 million) had already been minted.
#Behind Busha: How Support is becoming the heartbeat of every fintech community with Dahunsi Akinleye
Introduction Support teams are becoming an integral part of the global tech community and for crypto enthusiasts here in Africa. In our conversation this week with Dahunsi Akinleye, Support Lead at Busha [https://busha.co], we unraveled unique features that keep support teams fresh, human and customer-centric while navigating the
How to Keep Your Cryptocurrency Safe
After taking baby steps in setting up your crypto wallet, funding your account, verifying personal info, and buying your first coins/tokens, it is important to note that securing your new stream of value should override every other activity that involves using your cryptocurrency. Recent findings in a survey show
7 Myths about the Metaverse
Despite our growing imagination for “Ready player one” or “Jupiter Ascending” earth, the fact remains that the earth is home to physical matter, interactions, communication and the bulk of survival depends on everyday physical activities between living things and nature. Sorry to burst your bubble, but there’s no metaverse
Five Ways to Better Manage your Crypto Portfolio
Between 2020 to 2022, the adoption rate of cryptocurrencies grew by over 150% [https://www.theafricareport.com/131083/african-countries-are-adopting-crypto-faster-than-their-global-counterparts/] across Africa. In countries like Kenya, South Africa, Tanzania, and Nigeria, with a massive number of Gen z and millennial populations, entrepreneurs, businesses, and individuals seeking to preserve their wealth and
Everything You Need To Know About NFTs
What is an NFT? NFT stands for “Non-Fungible Token [https://en.wikipedia.org/wiki/Non-fungible_token]. They are unique blockchain-based tokens that can represent practically anything (art, music, property, names, books, paintings) —including physical assets. Unlike traditional currency notes and cryptocurrencies that are “fungible”- traded, exchanged, have similar value
Blockchain Explained
What is Blockchain A blockchain explains a type of distributed network that allows the development of applications, technologies, and features that create value over the internet. Better explained, the concept of blockchain or blockchain technology involves a joint network of superior systems that verify, record and store information necessary to
What Makes STABLECOINS So Stable?
Stablecoins are tokens pegged to real-world asset like gold, fiat currency like the US Dollar or even more unique algorithms. The high level of volatility amongst crypto-assets created a need for digital currencies tethered to every day/real-life medium of value immune to regular shifts in market value like most
10 Crypto Lingo’s You should Know in 2022
With the ever-evolving nature of the crypto space, we decided to curate some of the most used terms, ideas and concepts every Nigerian should know before and after getting ready for their crypto journey. Let’s dive in 1. APY- the term stands for Annual Percentage Yield [https://www.busha.
WHAT IS APECOIN?
While crypto markets have started gaining momentum after an all-time low at the beginning of 2022, certain crypto projects have taken the lead like the APECOIN. Defining ApeCoin Ape Coin is an ERC-20 token native to the Bored Ape Yacht Club (BAYC) [https://boredapeyachtclub.com/#/] ecosystem. With a design to
YIELD 101: Growing A Passive Income with Crypto Savings
Puff & Puff Co is an investment platform that began operations in 2021, and they are offering savers, investors, and average salary earners a whopping 40% interest/month on a variety of opportunities, from agricultural produce and real estate to stock trading. 40% interest monthly sounds like a juicy deal