Crypto Glossary:

CeDeFi
CeDeFi, or centralized decentralized finance, combines traditional centralized financial services with decentralized applications, merging conventional regulatory policies with modern financial products and infrastructure.

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Crypto Glossary:

Altcoins-
Crypto world started with the launch of Bitcoin. Back then, it was the only one. Hence, every asset that was launched after Bitcoin was termed as altcoins, as in “alternative coins”.
Most famous one currently is Ethereum.

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🗓️ Today's Date - 22 May

It's Pizza Day! 🍕

The date, May 22, 2010, has become part of history, not because of the transaction, but because of the price: the person in question spent 10,000 Bitcoins for the two pizzas, which is now worth over $290 million.

The 22nd of May has been designated as Bitcoin Pizza Day. Laszlo Hanyecz is the man who decided to pay 10,000 Bitcoins for two delivered Papa John's pizzas.

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Matlab Sab Jaan Jaoge | Download VIPS Finstock App Now
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Laszlo Hanyecz uploaded this photo after his order of two Papa John's pizzas was delivered for which he paid 10,000 BTC. It also includes the hand of his one-year-old daughter.

Crypto Glossary:

What are crypto airdrops?
We hear numerous new tokens being launched into this crypto world. And with that, it is becoming hard for entrepreneurs to promote and stay connected with their communities.
"Airdrops" is a promotional activity which involves a transaction of a token that goes from a crypto project to not one but multiple crypto wallets for free. This marketing strategy is usually applied by startup crypto exchanges to create awareness and increase their community reach.

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Availing crypto airdrops:
Different projects will ask for different kind of promotional activities from their community, which includes:
1. Following social media accounts.
2. Retweeting their posts or using their hashtags.
3. Registering and completing KYC on their exchange platforms.
4. Joining one or all of their various promotional channels.

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Crypto Glossary:

BUIDL-
Just like HODL, BUIDL is a warping of the word ‘build.’ BUIDL is a call to arms for building and contributing to the blockchain and cryptocurrency ecosystem, instead of passively holding.
BUIDLing can involve simply using a cryptocurrency for its intended purpose, utilizing smart contracts, beta testing products, writing articles, playing blockchain games, using cryptocurrency wallets, and anything that could help the blockchain and cryptocurrency fields evolve and expand.

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Your wish is our command. You asked for this, and we have made it available. Start trading your favorite tokens now. Download VIPS Finstock app now.

Crypto Glossary:

Decentralized Finance (DeFi):
DeFi is an ecosystem where it includes financial applications using blockchain technology. It promotes the use of decentralized networks and open source software to create multiple types of financial services and products.
Introduction of DeFi ecosystems removes the need of intermediaries, reduces cost, and the smart contracts improves security greatly. In other words, DeFi shifts the traditional financial movements to open, decentralized, and much safer ways of transacting.

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VIPS Finstock's team is in Kolhapur today for the crypto meet.

Join us today at 8 PM on Zoom where VIPS Finstock COO, Mr. Santosh Khute will talk about -
• VIPS Finstock
• Social Media Planning
• Technical Education

Meeting ID - 853 6689 6564
Password - 416155

Crypto Glossary:

Burning:
Often, crypto projects “burn” a certain number of tokens from the circulation. That means, they
remove those tokens permanently from the circulation by transferring them to a burn address from where they cannot be retrieved. The tokens are burned or destroyed in order to maintain their value and create a deflationary event. This way, the tokens’ price goes up and benefits the stakers as well as holders.

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Today, we are in the city of HUBBALLI

Crypto Glossary:

Market Signs:
Every trader and investor will look for these signs while carrying out any kind of trade. These signs help them make analysis and of course, take a better call about the trade. They are called the “stock market’s lifecycle,” and thus, you’ll see each sign in a fair amount throughout the cycle.


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