The leading DeFi decentralized exchange, Uniswap has crossed $2B in total value locked (TVL).
As per the data shown on DeFi Pulse and Etherscan, Uniswap clocked a record figure of over $2.06 billion worth of crypto assets locked in on Monday.
This clearly proves that there is now more value in Uniswap than what is there in the entire DeFi space – that’s what we call a neck-breaking growth.
Gas is the “fuel” of Ethereum and it determines the normal operation of the ecosystem of Ethereum.
It is needed in the ETH network to complete transactions, to execute smart contracts, to launch DApps, and to pay for data storage. If you want to send ETH or ERC20 or to interact with the smart contracts, you would require ETH to pay for the Gas Fee. Here’s everything you need to know about Gas, Gas fee, Gas Price, and Gas Limit.
Although Uniswap has its own benefits, the process of trading comes with a host of complexities. BlockBanc aims to make the entire process simpler.
Now you can trade on the Uniswap portal right from the BlockBanc app. No need to jump from app to app. Here’s how you do it in a few simple steps.
Uniswap is a fully decentralized protocol for automated liquidity provision on Ethereum. Uniswap empowers developers, liquidity providers, and traders to participate in a financial marketplace that is open and accessible to all.
Although Uniswap has its own benefits, the process of trading comes with a host of complexities. Here’s how BlockBanc can make the Uniswap trading process simple. Read more
As you ought to know by now, market cap is used to identify the value of a cryptocurrency and compare it accurately against other cryptos.
In the world of cryptocurrency, market cap or market capitalization is a measure of crypto security. It is typically defined as the total circulating supply of tokens multiplied by the current price.
Market capitalization is an indicator of the amount of risk involved in crypto investment. Large cap cryptocurrencies present less risk but limit the growth potential substantially. Small cap cryptocurrencies inherently present more risk but have huge growth potential yielding tremendous rewards to early investors when they succeed. Read more
Cryptocurrency Market Cap or Cryptocurrency Market Capitalization is a useful metric used to understand the real value of a cryptocurrency. This metric indicates the size and market value of a circulating cryptocurrency.
The market capitalization of a cryptocurrency can be represented by this simple equation:
Price of each coin * Circulating supply (total number of coins in the market) = crypto market cap
Adding an ERC Token (namely the TrustSwap token “SWAP”) to the BlockBanc Wallet is fairly simple and straightforward. Let’s go through the steps in detail.
Buy gift cards with crypto of your favorite fashion brands, restaurants, etc. on the app. Have them delivered right into your email.
Here’s how you do it.
Cryptocurrencies along with their underlying technology, Blockchain gained a lot of momentum in the last few years.
While many are still figuring out ways to create the perfect Blockchain wallet and the cryptocurrency that is going to become the world’s single currency, others are focusing on choosing the right wallet for storing their crypto assets: custodial vs. non-custodial wallets .
But which one is the best among the two? Let’s see.
A backup of your crypto wallets ensure that your assets stay protected in case of a software or hardware failure. It may also help you retrieve your assets in case your device gets lost or stolen.
The wallet on the BlockBanc app comes with a simple backup feature that you can use easily to backup as well as restore your assets. Here’s how you can do it.