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Hey there, Community! ✨
We've got some exciting news to share, and it's all about making your life a little bit easier and a whole lot clearer. We're thrilled to announce our partnership with TapiX – and before you wonder what this is all about, let me break it down into plain English, just for you.
No More Guessing Games 🎲
Ever looked at your transaction history and thought, "Where on earth did I spend that money?" We've all been there, scratching our heads, trying to decipher cryptic names or puzzling out just which coffee shop that was.
Here's where TapiX comes in – and why we're so excited about it. TapiX turns those confusing codes and names into information you can actually understand. We're talking real names of stores, complete with local language and all the details to make it click instantly. Yes, that means no more guessing games!
A Picture Speaks a Thousand Words 📷
But why stop at names? When you look at your transactions, you can now see actual logos and images – making it even easier to spot at a glance where you've been shopping. It's like turning your transaction history into a colourful gallery of your spending habits.
Pinpoint Shopping Locations📍
Ever got a charge from a store and wondered, "When did I go there?”. Now, you won't just see the name; you'll get the exact location. We're talking street address, city, even zip codes – perfect for those "Aha!" moments.
Extra Details at Your Fingertips 🫰
And there's more. Want to revisit a store but can't remember the name? You can now access additional details like website links, opening hours, and more for the store and companies that support it. It's like having a little assistant tucked away in your transaction history.
Why This Matters to You 👀
We believe managing your money should be as straightforward as shopping. That's why we partnered with TapiX – to transform your transaction list from a boring spreadsheet into a clear, understandable, and even helpful part of your daily life.
Here's what it boils down to: less time puzzling out your past spends and more time enjoying your present. Whether you're a budgeting pro or just trying to keep track of where your money's going, we think you'll love this new feature.
It's All About You 💙
At Tap, everything we do is aimed at giving you a better experience. We listen, we care, and we act on what you need. This partnership? It's all about making your financial life clearer and simpler.
We're here to help you make sense of your spending, save time, and maybe even discover some new favourite spots along the way. And this is just the beginning – we're always looking for ways to improve your experience.
So go ahead, take a look at your updated transaction history, and see the difference for yourself.
Here's to clearer, simpler, and more enjoyable finances.
Warmly,
The Tap Team.
Much like traditional ATMs, Bitcoin ATMs are specialized ATMs that allow users to buy or sell Bitcoin using cash, bank transfers or debit cards. These machines provide a convenient way to exchange traditional currency for cryptocurrency, or vice versa. In this article, we’re doing a deep dive on everything you need to know about using Bitcoin ATMs, including how to find one.
The benefits of using a Bitcoin ATM
There are a number of reasons one might look to use a Bitcoin ATM instead of an exchange or wallet app.
- Accessibility & Convenience
Easily buy and sell Bitcoin without complex online processes.
Located in high-traffic areas, easy to access.
- Instant transactions
No waiting for bank transfers or exchange processing.
- No bank account needed
Accessible to unbanked or underbanked individuals.
Provides a reliable option where traditional banking is unavailable.
Security concerns when using a Bitcoin ATM
Bitcoin ATMs offer a quick, accessible way to enter the cryptocurrency market, especially for those seeking more privacy or lacking traditional banking options. However, there are also downsides one should be aware of:
- Fraud and theft risks
ATMs can be targets for criminals. Always be aware of your surroundings and use ATMs in well-lit, public areas.
- Secure your Bitcoin wallet
Ensure that your Bitcoin wallet is ironclad, using strong passwords with two-factor authentication. Also, ensure that if using an exchange wallet that the platform is reliable and regulated.
- Tips for safe Bitcoin ATM transactions
- Verify all transaction details before confirming
- Don’t share sensitive information with anyone
- Don't accept help from strangers
- Keep your receipt
- Monitor your wallet for discrepancies
By staying alert and following these precautions, you can safely use Bitcoin ATMs while minimizing security risks.
Fees associated with using a Bitcoin ATM
Bitcoin ATM fees typically consist of transaction fees (usually a percentage) and network fees for Bitcoin transfers. These rates can vary significantly between ATMs and operators, so it's best to use online comparison tools to find the best deals.
To minimize costs, consider using ATMs with lower fees, even if they're less convenient. And note that conducting larger transactions can reduce the impact of flat fees, while alternative methods might be more cost-effective for smaller amounts.
Keep in mind that Bitcoin ATM fees are generally higher than those on online exchanges, so always check the fee structure before transacting to avoid unexpected costs.
How to find a Bitcoin ATM near me
Finding a Bitcoin ATM near you is easier than you might think, with various online tools and local resources at your disposal. Whether you prefer using Google, mobile apps, or exploring your local area, there are multiple ways to find a Bitcoin ATM near you.
- Online directories and maps
• Use websites like Coin ATM Radar or Bitcoin.com ATM Map
• Enter your location to find nearby ATMs
• Filter results by buy/sell options and supported cryptocurrencies
- Mobile apps
• Download apps like Bitcoin ATM Map or CoinATMRadar
• Enable location services for real-time nearby ATM info
• Get directions and ATM details on-the-go
- Local businesses and retail locations
• Check convenience stores, gas stations, and shopping malls
• Ask cryptocurrency-friendly businesses for recommendations
• Look for Bitcoin ATM signage in high-traffic areas
Remember to verify the ATM's legitimacy and compare fees before you use one. Not all Bitcoin ATMs are created equal, do your research.
How to use a Bitcoin ATM for buying/selling crypto
Once you’ve DYOR and found a reliable Bitcoin ATM, using it is straightforward. To buy or sell cryptocurrency, start by selecting your transaction type on the machine's interface.
You'll typically need to verify your identity by scanning an ID or entering a phone number, depending on the amount you’d like to buy or sell and your local regulations. Next, enter your wallet address or scan its QR code.
For buying, insert cash and for selling, send Bitcoin to the provided address. Once the transaction is processed, you'll receive a confirmation and receipt. Keep this safe until the Bitcoin has been deposited into your wallet.
As with any crypto transaction, always double-check all details before finalizing your transaction.
An easier alternative: Tap into the future
Why hunt for Bitcoin ATMs when you can have an all in one crypto app in your pocket? The Tap app revolutionizes how you can buy and sell cryptocurrencies. No more searching for ATMs or carrying cash - simply open the app and trade a wide range of digital assets instantly.
With high-grade security and the freedom to transact anywhere, anytime, Tap offers unparalleled convenience. Enjoy lower fees, a sleek interface, and portfolio management in one secure location (your phone).
Whether you're a crypto novice or a seasoned trader, Tap delivers a seamless experience that traditional ATMs can't match. Ready to upgrade your crypto game? Tap into the future of digital asset trading.
Volatility has become a defining characteristic of the cryptocurrency market, however, it doesn’t need to be a negative thing. As these digital assets experience significant price swings, driven by factors like speculation, regulation changes, and technological developments, this presents a perfect opportunity to potentially generate substantial returns.
This article explores strategies to capitalise on crypto volatility, including dollar-cost averaging, swing trading, leverage, and arbitrage. By understanding and embracing volatility, investors can navigate the market's ups and downs and potentially unlock rewarding gains in this dynamic landscape. Let’s dive in.
Understanding what volatility is
Volatility in finance refers to how much an asset price moves up and down over time. There’s no denying that cryptocurrency prices are known for being highly volatile and changing a lot in a short time, or that in many cases this has led traders to a rather healthy return on investment. While also synonymous with the stock market, volatility is typically caused by things like investors speculating and trading based on emotions, news stories that impact cryptocurrencies or shares, and uncertainty around government regulations or geopolitical events.
Since cryptocurrencies are still fairly new and can be traded globally 24/7, their prices tend to swing wildly. These unpredictable price swings are common in crypto markets, so it's important to understand what causes the big ups and downs, how they contribute to greater economic growth, and to understand the importance of having a solid risk management strategy in place.
Strategies for capitalising on crypto volatility
No matter which currency you are trading, one common strategy in taking advantage of volatility is dollar-cost averaging (DCA), this means investing a fixed amount at regular intervals regardless of price. DCA allows you to buy more when prices are low and less when prices are high, smoothing out the impact of volatility over time. For example, investing $100 weekly into Bitcoin.
Another approach is buying the dips, purchasing after a price drop, aiming to get in at lower levels. However, trying to "catch a falling knife" by buying too early carries risks. Technical analysis can help identify potential dip-buying opportunities for finding the best value.
Taking profits during rallies is also a key strategy used by investors. This involves setting target prices to sell portions of your holdings allowing you to secure gains amid volatility. A trailing stop-loss strategy can automate this, selling if prices retrace a set percentage from recent highs. It's important to remember that this strategy needs to be monitored and adjusted according to market movements.
Don't put all your eggs in one crypto basket. Diversification is crucial for managing risk in volatile markets. Spread investments across various cryptocurrencies, stablecoins, and asset classes like stocks to buffer volatility's impacts.
While lucrative opportunities exist in crypto volatility, appropriate risk management is crucial. Start small, learn strategies gradually, and as the trading law goes: never risk more than you can afford to lose.
The importance of proper risk management
Managing risk carefully and having an effective risk management plan in place is very important when trading cryptocurrencies like Bitcoin, Ethereum and other altcoins. Using stop-loss orders to automatically exit losing trades and sizing your position properly for your account size can help limit losses. However, be cautious about overtrading or putting too much money into extremely volatile crypto assets. Having too much exposure increases your risks dramatically and may cost you in the long run.
Instead, make sure that you diversify your portfolio and follow a disciplined trading plan as responsible risk management protects your capital and helps ensure long-term success in this unpredictable market.
Conclusion
While volatility defines the cryptocurrency market, it also presents opportunities for savvy investors. By embracing strategies like dollar-cost averaging, buying dips, taking profits during rallies, and diversifying across assets, you can navigate volatility's ups and downs. However, proper risk management through stop losses, position sizing, and avoiding overexposure is paramount.
Start small, learn gradually, and never risk more than you can afford to lose. With discipline and a solid strategy, you can unlock crypto volatility's potential rewards while mitigating risks in this dynamic landscape. The key is understanding volatility's drivers and harnessing its power through proven tactics. Approach with caution, but don't let volatility's roller coaster scare you away from crypto's wealth-building possibilities.
Une adresse de portefeuille crypto est l'équivalent blockchain d'un compte bancaire, à partir duquel les utilisateurs peuvent envoyer et recevoir des cryptomonnaies ou d'autres actifs numériques. Conformes à des réseaux blockchain spécifiques (par exemple, les portefeuilles Bitcoin contiennent des Bitcoins, tandis que les portefeuilles Ethereum contiennent de l’Ethereum), ces portefeuilles ne se contentent pas de "stocker" vos actifs, ils facilitent également toutes les transactions.
Qu'est-ce qu'une adresse de portefeuille ?
Une adresse de portefeuille est généralement une longue chaîne de caractères alphanumériques, composée en moyenne de 26 à 35 caractères. Par exemple, une adresse Bitcoin pourrait ressembler à ceci : 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2. Chaque réseau blockchain (Bitcoin, Ethereum, etc.) possède son propre format d’adresses.
Toutes les transactions crypto sont enregistrées sur la blockchain, ce qui signifie que tout le monde peut les consulter. Si vous connaissez l'adresse de quelqu'un, vous pouvez consulter toutes les transactions qu'il a effectuées. Cependant, même si vous pouvez voir ce qui se passe, vous ne pouvez pas savoir qui se cache derrière ces transactions. Les adresses de portefeuille ne sont pas liées à des noms, ce qui permet d’utiliser des cryptomonnaies sans que tout le monde sache qui vous êtes.
Le rôle des adresses de portefeuille dans l’écosystème blockchain
Les adresses de portefeuille sont essentielles pour les transactions sur la blockchain. Elles fonctionnent comme des identifiants numériques, vous permettant d'envoyer et de recevoir des cryptomonnaies sans partager d'informations personnelles.
Le réseau blockchain utilise ces adresses pour suivre combien de cryptomonnaies chacun possède. Ainsi, lorsque vous effectuez une transaction, votre adresse indique qui envoie et qui reçoit la crypto, en utilisant des adresses de portefeuille plutôt que des informations personnelles.
Sur certains réseaux, les adresses peuvent même représenter des programmes automatisés appelés smart contracts (contrats intelligents). L’avantage des adresses de portefeuille est qu’elles permettent à tout le monde de consulter et vérifier les transactions tout en préservant votre véritable identité.
Conseils de sécurité pour protéger vos cryptos
- Vérifiez les adresses
Toujours vérifier l'adresse du destinataire avant d’envoyer des cryptomonnaies. Une petite erreur peut entraîner une perte définitive de fonds.
- Ne partagez jamais vos clés privées
Alors que les adresses (également appelées clés publiques) sont destinées à un usage public, partager vos clés privées revient à divulguer votre code PIN.
- Attention au phishing
Ne faites pas confiance aux adresses reçues par des emails ou messages non sollicités. Vérifiez toujours les informations d’adresse via des canaux officiels avant d'effectuer un paiement.
- Utilisez des portefeuilles matériels
Pour des montants importants, envisagez d'utiliser des portefeuilles matériels qui génèrent et stockent les adresses hors ligne.
- Comprenez les formats d'adresse
Sachez que différentes cryptomonnaies utilisent différents formats d’adresse. Envoyer des fonds à un mauvais type d’adresse peut entraîner une perte de fonds.
- Utilisez des codes QR
Si possible, scannez un code QR pour réduire le risque d’erreurs de saisie.
- Surveillez vos adresses
Vérifiez régulièrement l'activité associée à vos portefeuilles pour détecter toute transaction non autorisée.
Que vous soyez un trader actif ou que vous ayez acheté du Bitcoin une seule fois, il est important de comprendre les adresses de portefeuille - elles sont essentielles pour envoyer et recevoir des cryptomonnaies. Bien qu’elles vous permettent de rester en partie anonyme, vous devez rester vigilant pour garder vos cryptos en sécurité.
Les utilisateurs disposant d’un compte Tap bénéficient automatiquement d’un portefeuille crypto unique pour toutes les devises supportées. Ces portefeuilles peuvent être gérés depuis un emplacement sécurisé, ce qui les rend à la fois pratiques et toujours accessibles, vous laissant maître de vos actifs.
The crypto market has entered a phase that veterans often call the "boring zone." It's a time when:
- Bitcoin's price seems stuck, fluctuating between $50,000 and $70,000 for months.
- Altcoins are in an even deeper slumber, with many down 50-80% from their peaks.
- Trading volumes on major exchanges have plummeted, dropping 30% from the last bull market's heights.
Sound familiar? It should. This lull is a recurring theme in the crypto market cycle, and historically, it's often the calm before the storm. It’s also a common attribute after a recent Bitcoin halving.
Let's look at what happened after previous Bitcoin halvings:
- 2012 Halving: 92 days until new all-time high
- 2016 Halving: 291 days until new all-time high
- 2020 Halving: 216 days until new all-time high
For perspective, 28 July 2024 marks 100 days from the most recent halving, with 25 February 2025 marking the 300-day mark.
The power of patient investing
Investing in cryptocurrencies over longer time horizons can be likened to early-stage venture investing, where patience could potentially lead to significant returns. While past performance doesn't guarantee future results, historical examples like Ethereum and Solana demonstrate this potential.
Ethereum, launching at less than $1 in 2014, and Solana, starting below $1 in 2020, have since seen their values grow to over $3,000 and $140 respectively as of early 2024.
In the crypto space, what’s known as the HODL approach, emphasises the power of time and compound growth, similar to that of traditional asset classes. The idea is straightforward: if you've taken a position in a project you believe has strong fundamentals, maintaining that position through periods of high volatility could potentially lead to significant gains.
To illustrate this point further, in 2010, Bitcoin was worth less than $0.01. By April 2024, it had reached around $70,000. An investor who bought $100 worth of Bitcoin in 2010 and held it until 2024 would have seen their investment grow to millions of dollars.
Strategies for surviving (and thriving) in the "boring zone"
During quiet periods in crypto dive deeper into blockchain fundamentals, research promising projects, instead of anxiously checking prices or reacting to every piece of news, use this time productively.
Alternatively, for those with capital to invest, dollar-cost averaging (DCA) could be something to consider. A Vanguard study found that DCA outperformed lump-sum investing in 68% of cases during market downturns, highlighting its potential effectiveness in notoriously volatile markets.
Know with certainty that this "boring zone" is often temporary. Based on previous cycles, we might see a new Bitcoin all-time high in 30 to 150 days, and once Bitcoin breaks its previous record, top altcoin projects have historically seen gains of 200% to 1,000%.
By staying patient and disciplined during quiet periods, you can be prepared for potential opportunities that may arise as the crypto market evolves. Remember, while historical patterns offer insights, they don't guarantee future results, but these historical patterns are worth considering as you plan your strategy.
We get it, the waiting game is hard
Holding onto your crypto during boring market times can be tougher than you'd think. When prices aren't moving much, it's easy to get antsy or start doubting your choices. But keeping a cool head and being rational is key to long-term success.
First off, remember why you got into crypto in the first place. Was it the tech? The potential? Keep that big picture in mind. It helps to set realistic expectations too - crypto's known for its ups and downs, so flat periods are normal.
Try to limit how often you check prices. Constantly peeking at your portfolio can drive you nuts during slow times. Instead, focus on other parts of your life or dive deeper into learning about blockchain.
Connecting with other crypto fans can help too. Chat about ideas, not just prices. And don't forget to celebrate small wins - even if the market's quiet, projects are still developing and growing.
Stay patient, stay curious, and remember: in crypto, today's boredom could be tomorrow's excitement.
You might have come across the term p.a. in traditional investment cycles, but how does it relate to crypto? In this article, we’re breaking down what p.a. means, how to get in on it and how it relates to the crypto industry.
What does P.A. mean?
P.a. is an investment term that stands for per annum. This refers to the interest an investor can gain over a year's period and provides insight into the yields that the investment will generate. This is calculated on a simple basis and not compound.
You might see digital wallet platforms offering reward rates of 8% p.a. Or 14% p.a., this tells the potential investor that the platform will provide 8% of the initial investment, over a 12 month period.
PA can also stand for price action, a popular term used on crypto Twitter. In this piece we're focusing on the annual interest rates version.
How can users make money with crypto assets?
There are several ways in with industry participants can earn cryptocurrency. Below we outline the most widely used, and safest options. Be sure to check each option with the relevant blockchain network as these will differ from network to network.
Crypto Mining
Crypto mining can be a lucrative means of generating a passive income, however, the costs might run high depending on where you live and what cryptocurrency you are mining. Each network has its own way of minting new coins, which require different hardware and electricity means.
Bitcoin, for instance, is a Proof of Work network that requires miners to use large amounts of energy as they race to finish a complex cryptographic puzzle. The first to complete this is rewarded with mining the next block and receiving the associated payoffs.
Bitcoin requires a large amount of electricity, not practical in areas with high electricity costs, and either a graphics processing unit (GPU) or an application-specific integrated circuit (ASIC), which can also be costly.
If you wish to get involved with mining cryptocrrencies be sure to do adequate research on what will be required and what income this could generate before investing any money.
Crypto Staking
Crypto staking is an alternative minting solution for Proof of Stake networks, such as Cardano and soon-to-be Ethereum. Crypto staking requires users putting their funds in a smart contract usually for a predetermined lock up period to confirm transactions on the network. This will typically require a minimum amount, so as to ensure that individuals hold a “stake” in the network and will act on good intentions.
When crypto traders stake the minimum balance, a node will deposit these funds into a staking pool on the network, similar to a deposit. The bigger the stake, the higher the chances of that user, now referred to as a node, being chosen to verify transactions. When the node is chosen to confirm transactions, they will create a new block and receive a reward for adding it to the blockchain.
Reward rates are specific to each blockchain network so be sure to check the details relevant to platform on which you wish to stake. As a security mechanism, the staked coin in the network is typically taken away if the node acts with ill intent.
Passive Income
There are a number of crypto initiatives that allow users to earn passive income through their crypto assets. These work in a similar way to holding funds in a wallet, however, these wallets will likely be on a cryptocurrency exchange or DeFi wallet and the user will typically not be able to access the funds for a certain period of time.
Over the duration the user will earn interest as stipulated in the initial agreement. Note that p.a. Values are subject to change with market fluctuations, rising when prices rise and falling when an asset’s price takes a dip. This typically works in the same way as a savings account.
Its worth noting that the onus lies on the traders to pay taxes on any income generated. It is important to check the crypto specific tax laws in your region.
Disclaimer: This article is intended for communication purposes only, you should not consider any such information, opinions, or other material as financial advice.
