Discover the essential Crypto Starter Guide for beginners – must-know tips for getting started with crypto and investing. An entertaining guide to boost your knowledge

Disclaimer: This blog explores cryptocurrency topics for informational and entertainment purposes. To support the site, some links may be affiliate links, meaning the author might earn a small commission if you use them. It’s crucial to remember: Always do your “own” in-depth research before investing in crypto.

Cryptocurrency for Beginners: The Ultimate Crypto Guide for Starting Out

Ready to explore the world of crypto? We get it! That’s why we created the “Ultimate Crypto Starter Guide,” a beginner-friendly guide to today’s crypto landscape. Let’s break down the basics and get you started!

1. The Safe Way vs. the Quick Path: Choose Your Crypto Journey

Start small: Have Fun Learning Crypto at Your Own Pace.

You have two options:

The Slightly Longer but Safer Route: Focus on preparation, attention to detail, and risk management. It has a bit more structure and you need to do some moderate preparation. You can do all this for zero dollars. However, if you want some of the tools of the trade then there is a small cost. A good setup can be very cheap, so don’t be conned into spending hundreds or thousands on things you don’t need.

Need it Fast? A Quick Crypto Starter Guide for Beginners.

This is a quick pick list of how I would start from scratch just to get the basics in place. Just look at the options to find the right-sized path for you.  I highly recommend you read the full blog after you have your initial to-do list selected. Also, check out my other blogs as they are designed to help you on this journey to cut through the B.S.     

• Choose a Crypto cold storage wallet (see a small sample list below)
• Choose a Crypto hot storage wallet (online web browser wallet).
• Get banking and money sorted.
• Get privacy and security sorted (VPNs, Antivirus etc).
• Get Tier 1 and Tier 2 Exchanges sorted.
• Learn some stuff along the way like how to use a DEX and CEX. I have written way too much below, but you should find it informative. Read over again when you get stuck on something. If that does not work and you need some help send me an email and I will help you out.

Secure Your Crypto with Cold Storage Wallets

Think of offline hardware storage as the ultimate safe for your crypto, especially if you’re serious about it. We get to the less-safe Hot wallets later so don’t stress.

My Cold Wallet Pick: I’m a Tangem wallet fan as you may have noticed through the blog post (seriously, no sponsorship yet, just love ’em!). But there’s no single “best” choice, let’s find the right fit for you. So go away and read up on what they do, then compare it to where you are in your journey, and what you need.

Old-School Paper Wallets: If you’re feeling a bit retro. This is still a valid method if you want to use them. Used primarily in the early days of Bitcoin. You can find out more about those online if you are looking and there are web apps that will help you create them.

Why Offline Wallets Rock: It’s way harder for hackers to get access to your crypto when they’re not connected to the internet!

Order a Cold Storage Wallet Before You Need It: Waiting until you’ve got a pile of crypto is risky. Get your cold wallet set up early!  They don’t need to be pricey unless you want something fancy.

Crypto Keys

Private keys are the master password to your crypto stash.  Guard them with your life! I will talk about this later in the blog so just know that if someone asks you for your keys then it’s most likely they are scammers, regardless of how much they act like they are trying to help you.

Think of it Like This: You have a public key like a bank account number dump money into. That’s fine to share. Then you have a super-secret private key (keep it hidden!).

Simplify Your Crypto Journey with Cold Storage Wallets Featuring Built-in Exchanges:

In the ever-evolving world of cryptocurrencies, safety and convenience are paramount. If you’re looking for a secure way to store your digital assets while enjoying the ease of buying and selling, consider using a cold storage wallet with a built-in exchange or integrated 3rd party option. These innovative devices offer the best of both worlds, providing offline storage for your cryptocurrencies and the ability to trade directly from your wallet. Just remember that this exchange feature or integration with a 3rd party normally comes with the trade-off that an exchange of currency could be more expensive than centralised exchanges. Always do your own research and test with small amounts first.

One of the significant advantages of using a cold storage wallet with an integrated exchange is the enhanced security it offers. By keeping your digital assets offline, you minimize the risk of falling victim to online threats such as hacking attempts or phishing scams. This added layer of protection ensures that your cryptocurrencies remain safe and secure.

Some (not all) of these cutting-edge cold storage wallets now support the exchange of coins or access to Fiat via direct Visa payments, making it even more convenient to purchase cryptocurrencies. You may no longer need to navigate the complex traditional exchanges or worry about the potential risks associated with them. I think this is an option that is growing with third-party integration into your cold storage wallet where you can swap or buy your desired cryptocurrencies using your Visa card (or other), streamlining the entire process. Keep an eye out for more of these integrations into a wider variety of wallets.

To help you get started, I have selected a small list of the top crypto cold storage devices. By choosing one of these wallets, you can start your crypto journey with confidence, knowing that your assets are secure and easily accessible. The security is high but the range of crypto capability and ease of use will determine your sweet spot relative to the cost of the investment. Remember that flashy and expensive does not always mean it’s the best or safest. An example is the Onekey Touch Classic. The new pro version is a great device but the older simple Classic version does almost the same excellent job at a fraction of the cost. The Tangem looks simple but is packed with features at a low price which makes it my current favourite. The Trezor and Ellipal Titan go hard on security but get a bit more complex.

Unlock Exclusive Discounts on Genuine Cold Storage Wallets. We’ve partnered with trusted suppliers to bring you exclusive discounts on the best cold storage wallets. By using our affiliate links, you’ll access special promotions and deals, ensuring you get the most value for your money. These links direct you to the official websites of manufacturers and authorized retailers, guaranteeing product authenticity.

Important: Always prioritize security by purchasing cold storage wallets directly from the manufacturer or authorized retailers. Avoid using second-hand or pre-owned wallets, as their security cannot be guaranteed.

Our Comprehensive Rating System: Our ratings are based on personal experience, user feedback from platforms like Reddit and Google, and advanced AI algorithms that process and interpret user feedback data. This approach provides a well-rounded and unbiased evaluation of the top cold storage wallets available.

Option 2: Ellipal Titan – I like the price and the fact it is fully air-gapped. Ellipal Titan Completely air-gapped, touchscreen, supports 10,000+ coins. Uses QR codes. $169 USD last time I checked but go to the link button above for the official website and pricing – I’ve never tried this unit personally but hope to in the future. I went looking for good quality cold storage options. I put this in because the user reviews are good, and I wanted to provide you with some comparable options. Security: Extreme air-gapping is the primary focus, anti-tamper design. Closed-source firmware is a debate point because purist Crypto enthusiasts prefer open-source code. Ease of Use: Simple for beginners. A comment online is the QR code method may feel slower to some. Trust: Good reputation. Rating: 7.5/10 Pro Tip: Buy the bundle or get the “ELLIPAL Seed Phrase Steel” separately

Option 3: Trezor Devices Trezor Model T Touchscreen, advanced features, supports 1800+ coins $179 USD was the price last time I looked but please visit the website to check pricing and models now available I’ve not tried this device personally, but it is very highly regarded by the crypto community. It is very popular and the user reviews are good to excellent. It does not do the range of Crypto that I want but it is a high-quality device Security: Excellent track record, touchscreen offers some advantages, supports advanced features like Shamir Backup. Ease of Use: The touch screen is convenient, but the interface can be a bit more complex for beginners. Trust: Long-standing brand, highly respected in the community. Rating: 8/10

Option 4: Tangem Wallet – My (current) favourite I recently purchased this, therefore I am biased. I love its security, ease of use, multicurrency capability and price. I like to purchase Kaspa crypto and this is one of the few wallets that could do it until recently. USD 69.90 (3-pack) last time I checked but please visit the website for up-to-date pricing and functionality Card-shaped, NFC, extremely easy to use, supports 600+ coins & over 30 blockchains   Security: Secure element, NFC communication, focus on physical security. Ease of Use: Extremely simple, ideal for ultra-beginners or those holding small amounts. Trust: Gaining a reputation is good if you value maximum simplicity. Rating: 6/10. In the circles I work in I think this is rated more like 8.5/10 but it is new to the market and has yet to grow a trusted reputation. Pro tip – Get the three-pack.

Option 5: OneKey Touch – Possibly My Next Purchase? Varies by model- OneKey Touch is $249 USD – Please check the website for pricing. Varies by model- OneKey Pro is $278 USD – Please check the website for pricing. Open-source, air-gapped, large touchscreen, Bluetooth (with safeguards).   Security: Open-source firmware (promotes transparency). Secure element chips (protects keys). Air-gapped design (most models).  Bluetooth on some models (potential trade-off). Ease of Use: User-friendly setup and interface. The model variety caters to different skill levels. Touchscreens on some models improve usability. Trust: Gaining a reputation in the space. The open-source approach builds trust. Appeals to a diverse user base. Rating: 7.5/10.   My general feedback from users is that it’s a great device but the top model is priced accordingly.  I hear a lot of people are exceptionally impressed by the “Touch” model for price and functionality, and its onboard Exchange capability which is becoming more common in the market. I am guessing the new ONEKEY PRO model has yet to get enough feedback as most people already like the Touch and cannot afford both. Pro Tip: The Classic is excellent and can do most things but is less flashy and less expensive. Pair this with a steel wallet of some sort to keep your seed phrase safe just like all the other options.

Fund Your Crypto Adventure: How to Get Started

Buy Crypto the Simple Way

The simple way: Log into a crypto exchange that accepts credit or debit cards, and directly buy crypto. However, you run the risk of your bank thinking it’s fraud and putting a freeze on your account and credit cards. That’s very inconvenient if you need to use that account for everyday banking. I had to learn the hard way. I recommend you do some preparation and get this part sorted.

Don’t forget you can now use many of the Cold Storage Wallets that have built-in Exchanges. They can often access Visa to purchase crypto and you never have to go near any exchanges. See the list of crypto cold storage devices above.

Set Up Secure Crypto Banking

My preferred way is to set up a free debit card to isolate your crypto finances from your normal banking. This approach is safer and easier to manage (despite some extra visa card fees). In this separate account, you may also want to open a new bank account so you can do direct transfers and take other security measures – it’s up to you as it is country-specific. I did not want any hassles and I explained more about my banking method further down.

My Crypto Savings & Investment Plan

2. Protect Your Crypto: Prevent SIM Swaps & Phone Hacks

Let’s dive into phone security. Skip this section if keeping your money safe is not a concern.

What is SIM Swapping? Keeping Your Crypto Safe

1. Use App-Based Authentication:
   • Instead of relying solely on SMS-based two-factor authentication (2FA), consider using app-based authentication programs like Google Authenticator. These generate one-time passwords (OTPs) that are more secure than SMS messages.

Be Wary of Phishing Attempts:

• Avoid clicking on suspicious links or providing sensitive information over the phone. Scammers may try to trick you into revealing details needed for a SIM swap

Add a VPN to your phone: It’ll mask your ID and secure your internet connection. My NordVPN allows me to use my licence across several phones and devices.

Browse Securely with Crypto  

As I said above, make sure you have Enabled two-factor authentication (2FA) whenever possible. When 2FA is enabled don’t use Text as a form of authentication. Use a 2FA app that provides new codes all the time (Microsoft or Google have these apps).  Or… use an encrypted and password-protected email service.

Password Power: Using the same, weak password for every site is like leaving your front door wide open. Make each password long, complicated, and unique – like a different, super-secure key for each online house you own. A password manager app can help you remember all those crazy passwords

I don’t currently use a password manager, yet. I was doing this research and thought maybe I should put it on my to-do list. I have a method for remembering passwords, but it is getting more difficult by the day. Maybe it is about time to pick one from the list below.

Depending on your situation, password managers are often essential for securely managing your online credentials. Here are some reputable options that prioritize security and have not been involved in significant security breaches:

Password Manager Programs

Smart Crypto Browsing: Passwords, Best Practices

Password Power: Using the same, weak password for every site is like leaving your front door wide open. Make each password long, complicated, and unique – like a different, super-secure key for each online house you own. A password manager app can help you remember all those crazy passwords, but you may want to simply keep those passwords off the net and write them in a notebook. Please don’t take a picture of your passwords and leave them on your phone in case those pictures get hacked.

I do have friends who have used an old camera phone that will never be connected to the internet again (or Bluetooth or Wifi) and they use that as a memory backup. They don’t keep it charged or anything and it is still password protected so I guess it could work as long as the kids don’t try to reconnect it to the internet (or Bluetooth) to play games. I would not do it although it sounds ok. It is about understanding the risks of losing passwords compared to getting hacked or someone reading your diary with all your passwords in it. Maybe you are just better off using one of the options below.

Don’t use public Wi-Fi for sensitive activities like using Crypto wallets or Banking: Turn off Wi-Fi on your phone when using banking or crypto apps in public places. If you really must take the risk and don’t have enough data, then make sure your phone VPN is active. Even then, be cautious!  Many good crypto people and phone banking users have lost money when they use public Wi-Fi.  Public data means someone else can access all your free data.

Mac book security alert | WIFI and Crypto or Banking

Stay safe out there, fellow crypto enthusiasts!

• M1 Mac and newer models have an unpatchable vulnerability (msn.com)
• There’s a vulnerability in Apple’s Mac chips–and the fix might be as bad as the flaw (msn.com)

3. Get Started with Crypto: Essential Knowledge

Trading, Taxes, Tools, and Staying Safe

Crypto and the Law: What You Need to Know

Know Your Region and Crypto Legal Obligations. They will vary country by country, so always check what’s legal (and what’s not) before diving in. Stick to the basics when starting out, and don’t do anything that could land you in hot water. It’s just not worth it. If you’re unsure, then drop me a line and I will do some checking specific to your region and hopefully point you in the right direction so you can do your research.

Crypto Taxes Made Simple: Avoid Confusion

Depending on the country, the gains you make in Crypto could be classified as capital gains and you may need to pay tax on them (like in the USA). The rules around gains tax, losses and holding periods can be complicated and very dependent on your location. You may also need to track all crypto and provide evidence of activity. If unsure, get professional advice. I might know a useful resource to help if you want to reach out to me but remember, Titans Reserve is not a financial advisor.

Navigating the complex waters of crypto taxation can be quite an adventure! While many countries have established clear guidelines, some make it more challenging for crypto enthusiasts. Let’s explore both ends of the spectrum:

Countries with More Favorable Crypto Taxation:

I listen to many crypto influencers who have escaped to different countries to be in the sun, sand and beaches, well away from crypto taxes and laws that affect their incomes. The ones below are not indicative of the sandy beaches but instead, look at stock standard places around the world where people live their day-to-day lives rather than a fairytale story of rags to riches living on a beach. But wouldn’t that be awesome?

1. Germany:
   • Germany has some intriguing crypto tax rules. While crypto isn’t entirely tax-free, there’s a quirky twist. If you hold your crypto for over a year, any subsequent sale, swap, or spending of it is tax-free. However, if you sell within a year, you’ll be taxed unless the profit is less than €600.

2. Belarus:
   • In this Eastern European state, crypto activities are considered personal investments. As a result, they are exempt from both Income Tax and Capital Gains Tax until January 2025. Belarus took a unique approach by legalizing crypto activities without imposing specific tax laws.

3. El Salvador:
   • El Salvador made history by adopting Bitcoin as legal tender. Foreign investors are exempt from Capital Gains Tax on Bitcoin profits. Additionally, businesses in El Salvador must accept Bitcoin as payment, creating a crypto-friendly ecosystem.

Countries with More Challenging Crypto Taxation:

1. Denmark:
   • Unlike many other countries, Denmark taxes all cryptocurrency profits as income tax rather than capital gains. So, if you’re in Denmark, crypto gains are treated like regular income.

2. Sweden:
   • Swedish tax authorities classify all crypto assets as “other assets.” While this doesn’t mean they’re tax-free, it’s essential to understand their unique categorization.

3. The Netherlands:
   • The Netherlands stands out by taxing unrealized cryptocurrency gains. If you’re holding crypto, even if you haven’t sold it, you might still face tax implications.

4. France:Coin
   • France has stringent crypto tax regulations, including capital gains tax on crypto transactions. It’s essential to stay informed about their evolving policies.

5. Japan:
   • Japan has a comprehensive regulatory framework for cryptocurrencies. While it’s not necessarily difficult, it’s essential to comply with their rules, including reporting and taxation
6. Australia:
   • In Australia, cryptocurrencies are considered assets rather than currency. The Australian Taxation Office (ATO) views them as subject to Capital Gains Tax (CGT). If you sell or exchange crypto, it triggers a CGT event, and you must report the gains. Even activities like using Bitcoin to purchase Ethereum are considered capital events for tax purposes.
   • Starting from the 2022-23 financial year, the ATO introduced a dedicated section called Schedule – Virtual Digital Assets (VDA) for reporting crypto gains and other virtual digital assets (VDAs) on your tax return.
7. Canada:
   • In Canada, cryptocurrencies are treated as property for tax purposes. Capital gains tax applies to crypto transactions. If you sell or trade crypto, you’ll pay income tax on half of the gains. Additionally, there’s a 1% Tax Deducted at Source (TDS) on crypto transactions exceeding certain thresholds.
8. United States:
   • Cryptocurrencies in the U.S. are considered property as well. Capital gains tax applies to various crypto-related events, including selling for fiat, gifting, purchasing goods, and trading one digital asset for another. Income tax events include receiving crypto from airdrops, interest earnings, mining, and payments for work. However, some aspects, like staking rewards, remain less clear.
9. India:
   • India treats cryptocurrencies as virtual digital assets (VDAs). Capital gains tax applies to gains from crypto trading, and income tax events include crypto interest earnings, mining income, and payments received for work. The government introduced a flat 30% tax on crypto transfers, and 1% TDS on sell transactions starting in 2022.
10. South Korea:
    • South Korea is actively addressing crypto tax evasion. They plan to launch a virtual asset tax system by 2025. The new system aims to ensure transparency and compliance. Previously, they imposed a 20% income tax on crypto transactions and introduced a 1% TDS on sell transactions.
11. China:
    • China has a complex relationship with cryptocurrencies. While they banned crypto exchanges and initial coin offerings (ICOs), individuals still hold crypto assets. However, specific tax regulations are not well-defined, and the situation remains fluid.
12. New Zealand,
    • The taxation of cryptocurrencies is an interesting blend of clarity and flexibility. The Inland Revenue Department (IRD) in New Zealand does not consider cryptocurrency as money. Instead, it is viewed as property for tax purposes. While there are no specific crypto-specific tax laws, new legislation is currently before Parliament to clarify the GST treatment of “crypto assets” and address timing issues. Crypto in New Zealand is subject to Income Tax. The tax rate depends on your total annual income. It can range from 10.5% to 39%23. If you engage in activities like mining, staking, selling, or trading cryptocurrency, you’ll need to report your income and pay taxes based on your income tax bracket. Stolen Crypto assets: If you held crypto assets that were stolen, you may be able to claim a deduction for the loss. GST (Goods and Services Tax): The new legislation aims to clarify the GST treatment of crypto assets. However, until that is finalized, it’s essential to stay informed about any updates.

Consider setting up a way to track all your transactions. I have added some application links I hope will help if you’re in one of these highly taxed countries. These are just a few of many that will develop over the coming years.

Important Note: These applications connect to your exchange and wallet data to calculate taxes. Always double-check their calculations with your records and consult a tax professional for complex situations.

Additional Considerations:

• Look for features that suit your specific needs (e.g., NFT support, DeFi tracking).
• Explore free trial options before committing to a paid plan.
• Security is paramount – ensure the application uses secure data storage practices.

Hot Wallets: Manage Your Crypto Daily 

Security first: Lots of people lose money with hot wallets because they can be easily hacked. They are normaly only extensions to your web browser and most people don’t practise safe handling of the wallets. Even when they are doing all the right things people can still get hacked. Hot wallets need attention! Strong passwords, 2FA whenever possible, and stick to trustworthy providers. I cannot stress enough to store larger sums of money in cold storage wallets

Your crypto needs matter: What coins do you want to hold? Do you need fancy features in a wallet that may help you decide what type of hot wallets suit you best or maybe you’re still better off with cold wallet storage? Keep those in mind as we go. Also, remember that exchanges have their own versions of wallets. The difference is they act like a bank, and they hold your funds. They promise to give them back to you but cannot guarantee it. Hot and cold wallets act independently, and the money is in your custody. This also means that if you don’t remember the passwords then you lose access to your funds, and nobody will be able to retrieve them for you.

This is only a list of a few hot wallets. I have used MetaMask a lot in the past and it has developed a lot of new features. For a while, I used Ledger as an extra security hardware layer. These days I don’t use MetaMask as much now that I have my cold storage Tangem wallet.

Important Considerations:

• Security: Always prioritize security practices even with hot wallets (strong passwords, 2FA, reputable providers).
• Your Needs: Consider which blockchains and features are most important to you.
• Research: Always do your own research before choosing any wallet!

Top Crypto Tracking Apps for Beginners

Unlike the apps for TAX above this section, the next are simply free ways to track your crypto and help you find the right crypto reliably. Download these two apps to your phone and bookmark them on your computer browser. Use these as key references for crypto names and addresses. They are the most reliable source of information you will find as it’s easy to type in the wrong thing and latch onto the wrong website. Don’t use random links you see on Google search results because some of those paid website links will take you to fake websites that steal your information. If you must go to the link, then type it in yourself if you want to be safe.

Why you need these (CoinGecko and CoinMarketCap): Think of them as your crypto HQ! Most people use these apps to set up lists of all the coins they own, even if they’re stored in different wallets. That way, you can see how much everything is worth (in your local currency!) in one place and as they fluctuate. As you get deeper into crypto, these apps are also great for researching new coins and creating watchlists for tokens you’re interested in. It’s a fun way to keep tabs on the wild world of crypto!

Crypto Helpful Apps

I have included these two apps with specific value but over time you will find more that works for you. Let me know if you want a bigger list of apps. Please find training videos on each application so you know how to use them.

Dextools: https://info.dextools.io/	Trading View: https://www.tradingview.com/
DEXTools: Real-time DEX analytics, trading tools, and new pair alerts. I use it to check the quality of new coins. It’s a busy screen but you will work it out.	TradingView: Powerful charting platform for crypto, stocks, and more. It’s a bit more advanced but nothing you can handle.

Crypto Exchanges Explained: CEXs vs DEXs

A cryptocurrency exchange is like a marketplace where you can buy and sell cryptocurrencies using traditional money (like USD) or other digital assets. They’re convenient for beginners, but it’s important to understand how they work.

Centralized vs Decentralized: Crypto Exchange Differences 

In short, there are two main exchange types: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). CEX’s are easier to use but may have security risks because they hold your money which you deposit to them while making transactions. They are single entity companies and if they are regulated then they must follow specific rules in the counties they operate in. DEX’s offers more control. The DEX is simply a tool that you plug your wallet into and then make transactions etc. They don’t hold your crypto, but you must sign in, attach your wallet details, and allow transactions.

It sounds hard but it’s not that bad once you get used to them. It’s just a matter of getting used to them. You can plug them into hot or cold wallets and when I say plug it’s not like a wired thing. It’s simply creating a computer login access between your wallet (hot or cold) and the exchange for that transaction. Then you disconnect again. It can be more complex than that if you are working on decentralised finance tools but that is it in a nutshell. It’s also not a perfect world. Some DEXs can allow you to connect to things you should not, because they are scams. So only access trustworthy sites (use the CoineGcko or CoinMarketCap apps and websites to help) and this is a disadvantage they have compared to a CEX who tries to manage the safety aspect a bit better especially when you are just starting out.

Understand CEXs vs DEXs for Buying Crypto

Explore Regulated Crypto Exchanges (CEXs)

Tier 1: Regulated Crypto Exchanges

Tier 2: Unregulated Crypto Exchanges

Dive into Decentralized Crypto Exchanges 

DEX 101: Understanding Decentralized Crypto Exchanges

Best Decentralized Crypto Exchanges (DEXs) Across Blockchains

These will change over time but for now, these are just a few popular ones to consider on just a few of the many blockchains out there. Some DEXs are multichain and can span across Blockchains as the name would suggest. Some do it better than others. Don’t get into wrapped coins unless you know what you’re doing as that is a whole new topic to chat about.

• Uniswap: A giant in the DEX space, primarily focused on the Ethereum network. Known for its vast liquidity and wide selection of ERC-20 tokens.
• PancakeSwap: The most popular DEX on the Binance Smart Chain (BSC). Offers a similar interface to Uniswap with a range of BEP-20 tokens, staking, and other features.
• Curve Finance: Specializes in stablecoin swaps (ex: USDC and DAI). Its design makes it highly efficient for swapping assets with minimal price slippage.
• SushiSwap: A popular Ethereum-based DEX that also offers cross-chain compatibility. Features token swaps, yield farming, and various earning opportunities.
• Raydium: A leading DEX on the Solana network offering fast and low-cost transactions, and access to Solana-based tokens and liquidity pools.
• Minswap: A decentralized exchange on the Cardano network, still fairly new but gaining traction. Features token swaps, and liquidity pools, and is closely aligned with the Cardano ecosystem.
• Trader Joe: One of the most popular DEXs on the Avalanche network. Offers token swaps, yield farming, and access to the Avalanche ecosystem of tokens.

Spotting Crypto Scams: Beginners Guide on How to Avoid Crypto Scams by their telltale Red Flags

FAQ: