Crypto Guide
Insights: What are Ripple and XRP?
They might initially seem one and the same, but Ripple and XRP are in fact birds of the same feather who flock differently to achieve a single aim of seamless, fast, and secure financial transactions globally. Ripple Founded by Chris Larsen and Jed McCaleb, Ripple is a payments settlement system
Crypto Explained #3: What is Liquidity in crypto
Liquidity in crypto simply refers to the ease with which an individual can convert crypto assets into cash or other assets of value without a loss in value or change in price. Generally, “liquidity refers to the efficiency or ease with which an asset or security can be converted into
Crypto Explained #2: What is APY?
Annual Percentage Yield, popularly known as APY, annual interest rate or rate of return is the amount of money received on an initial investment for some time (usually one year). When a person invests in a crypto asset or buys their first coin, it is very normal to see them
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.
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
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.
Launching Your Own Cryptocurrency
Have you ever wondered if you could build your cryptocurrency and how to go about it? Well, keep reading. We are going to show you how First, you need to understand what cryptocurrency is before you attempt to build your own. What is Cryptocurrency? Cryptocurrency is decentralised digital money used
What’s all the fuss about Meme Coins?
You’ve all heard about them. Some coins with dog images are going to the moon, people are getting rich on the internet, and you’re wondering which one to buy now before you miss out on all the fun. Well, SLOW DOWWWNNNN… By now, as a Busha user, you
How to Become an NFT Creator
If multidimensional time travel had truly been invented, last week would have seen a lot of Nigerians take a one-way ticket back to a time when they first heard the word “NFT”. Many creators and collectors of these unique digital assets have always been around and struggled to make strides
How Busha is Making Bitcoin Exchange Seamless
A Crypto exchange is any service that brings cryptocurrency buyers and sellers in close contact. Exchanges are what make coins/tokens a liquid asset for traders at large scale. With a proven record of being the most liquid cryptocurrency amongst the 10,000+ in existence, Bitcoin has come very close