What are Cryptocurrency Pairs?

A simple example of how hash functions work is to <strong>add up the digits of a multi-digit number until a single-digit output is reached<\/strong>. If the input is 173, adding up 1, 7, and 3 is <strong>11<\/strong>. The sum of adding 1 and 1 is 2, which is the final output. The output <strong>always has to be a<\/strong> single-digit, no matter how long the input number is digits-wise.<\/p>\n<p>Hash functions have several typical characteristics:<\/p>\n<ul>\n<li>Calculating the output for any given input has to be easy. However, it must be <strong>nearly impossible to reverse the process<\/strong>;<\/li>\n<li>Determinism &ndash; if a specific input is given to the algorithm, the same output must always be produced;<\/li>\n<li>Collision resistance &ndash; it should be very unlikely for two different inputs to produce an identical output;<\/li>\n<li>Avalanche effect &ndash; changing a single bit of the input data should create a completely different output.<\/li>\n<\/ul>\n<p>Hash functions can be utilized for various situations, like randomizing functions. They can also be <strong>applied as checksums for the integrity verification of computer files<\/strong> after their transmission of prolonged storage.<\/p>\n<p>Hash functions serve a vital role in <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mining/">cryptocurrency mining<\/strong><\/a> via the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-proof-of-work-pow/">Proof of Work (PoW)<\/strong><\/a> consensus algorithm. <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a>, one of the PoW-mined cryptocurrencies, relies on the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-sha-256/">SHA-256 <strong>hash function<\/strong><\/strong><\/a>. Miners working on adding a new <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-block/">block to the chain need to produce a target &ndash; a hash value below a specific threshold. A successful outcome yields them rewards.<\/p>\n<p>Hashes are <strong>pseudorandom<\/strong>, meaning that they are deterministic. It is impossible to predict the output of an input of any value before it has been run through the hash function. This mechanic means that miners cannot generate new Bitcoin blocks randomly and their <strong>proof of work must be verified<\/strong>.<\/p>","definition":"an algorithm that produces fixed-size hash values from variable-size transaction inputs.","status":"published","meta_title":"What is Cryptographic Hash Function? Definition & Meaning | Crypto Wiki","meta_description":"Cryptographic Hash Function meaning: Cryptographic Hash Function - an algorithm that produces fixed-size hash values from variable-size transaction inputs.","meta_keywords":null}" :prev-section="{"id":215,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency_and_crime","level":"hard","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-07T08:14:54.000000Z","slug":"what-is-cryptocurrency-money-laundering","title":"What is Cryptocurrency Money Laundering?","section":"C","keyword":"Cryptocurrency Money Laundering","content":"<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-money-laundering/">Money laundering<\/strong><\/strong><\/a> is a financial crime defined as the process of taking a large amount of money that was acquired illegally, often by drug or human trafficking, and attempting to make it seem like it came from a legitimate source.<\/p>\n<p>Cryptocurrency money laundering crimes are committed with similar intent. However, during the process, criminals take <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat money<\/strong><\/a> and convert it into cryptocurrency. They then route the cryptocurrency through several pathways to hide the trail and attempt to make its origins appear legitimate.&nbsp;<\/p>\n<p>Cryptocurrency is often the subject of potential money laundering crimes, largely due to the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-decentralization/">decentralized nature of blockchain financial operations and the anonymity often linked to crypto. Governmental and financial institutions take the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-volatility/">volatility of the crypto market into consideration when discussing possible money laundering threats.<\/p>\n<p>However, Bitcoin transactions can be traceable through the blockchain and are tied to specific cryptocurrency <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-address/">wallet addresses<\/strong><\/a>.<\/p>\n<p>In 2021, hacker group DarkSide attempted to ransom the American oil pipeline system Colonial Pipeline. The FBI traced the transactions on the blockchain back to a wallet containing 63 Bitcoins (BTC) and proceeded to extract the coin with the wallet&rsquo;s <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-private-key-secret-key/">private key<\/strong><\/a>. This case emphasized the traceability of financial operations on the blockchain.<\/p>\n<h2>Money Laundering via Bitcoin<\/h2>\n<p>In the early days of blockchain-based digital currency, Bitcoin was used with criminal intent, including money laundering, by some malicious parties. One of the most notable cases was Silk Road, the darknet market used to purchase illegal goods, the majority of which were drugs.<\/p>\n<p>While the platform was shut down, the US government seized more than $1 billion worth of Bitcoin from the Silk Road network in 2020. The operation was described as &ldquo;the biggest cryptocurrency seizure in history&rdquo;.<\/p>\n<p>Cases of crypto money laundering led to many countries establishing <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-anti-money-laundering-aml/">anti-money laundering laws (AMLs)<\/strong><\/a> directed at cryptocurrencies. Obligatory compliance measures, such as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-know-your-customer-kyc/">Know Your Customer (KYC)<\/strong><\/strong><\/a>, have been implemented to promote transparency and prevent illicit operations.<\/p>\n<p>Such regulations have been applied to <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">crypto exchange<\/strong><\/a> platforms, as these virtual spaces are the main areas to purchase cryptocurrencies. The data provided by crypto exchange platforms like Coinbase can track suspicious transactions.<\/p>\n<p>There have been criminal attempts to utilize Bitcoin to hide the tracks of illicit money by shuffling around funds. After converting fiat money into crypto, they swap and exchange between different cryptocurrencies several times. The process of swapping and exchanging was meant to make the funds harder to spot and follow along the chain.<\/p>\n<p>At the end of the procedure, the crypto funds would be traded back into fiat currency. The money would then appear as legitimate funds acquired via crypto trading.<\/p>\n<p>According to the United Nations, around $1.3 trillion is laundered yearly. This amount accounts for roughly 3% of global gross domestic product (GDP). It can be difficult to track and establish what share of global money laundering is made up of cryptocurrency-based crime. However, it is assumed to be a considerably small amount in comparison.<\/p>\n<h2>Privacy Coins<\/h2>\n<p>As of February 2022, there are around 10,000 cryptocurrencies in the world. Given this amount, some may be easier to utilize for money laundering than others. New cryptocurrencies have been developed to be more resistant to tracking and easier to utilize in criminal activities.<\/p>\n<p>Roughly 90% of money laundering and other illicit criminal behavior on the darknet is done by bouncing assets between Bitcoin addresses, making it the most prominent option for cybercrime.<\/p>\n<p>To counter the traceability of Bitcoin, <strong>privacy coins<\/strong> have been developed. Privacy coins are cryptocurrency assets that aim to provide a higher level of anonymity, security, and privacy. They are considerably more difficult to regulate. Monero, Zcash, and Grin are among the most popular privacy coins.<\/p>\n<h3>Monero<\/h3>\n<p>Monero is described as a secure, private, and untraceable cryptocurrency. Its standout feature is the anonymity provided to the users &ndash; observers are not able to decipher Monero addresses and the information they contain, such as transaction amounts, balances, or histories.<\/p>\n<p>Monero is considered to be one of the best-known examples of privacy coins. It is listed for trading on most major cryptocurrency exchange platforms. It has the third-largest developer community in the crypto world, falling behind only Bitcoin and Ethereum.<\/p>\n<h3>Zcash<\/h3>\n<p>Zcash is a cryptocurrency based on Bitcoin&rsquo;s codebase. It provides an inauditable platform for private transactions using <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-zero-knowledge-proof/">zero-knowledge proof (ZKP)<\/strong><\/strong><\/a> verifications. Thanks to ZKP, no information about the exchange parties or the transaction amount can be revealed.<\/p>\n<p>Much like Bitcoin, Zcash has a fixed total supply, capped at 21 million units. Unlike some other privacy coins, Zcash offers selective disclosure, allowing users to prove payments for auditing purposes and comply with anti-money laundering or tax regulations.<\/p>\n<h3>Grin<\/h3>\n<p>Grin offers its users an <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-open-source/">open-source network with a range of privacy tools that can be used to erase all past transaction data from the blockchain without compromising the network security.<\/p>\n<p>Grin&rsquo;s Mimblewimble protocol helps create more compact <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-block/">blocks and ensures that the blockchain only contains the essential information, thus reducing the amount of computational resources required. Minblewimble blockchain does not contain identifiable or reusable addresses, and transaction data can only be seen by its participants.<\/p>\n<h2>Cryptocurrency Regulations<\/h2>\n<p>While Bitcoin was established in 2009, there are no globally unified cryptocurrency regulations as of yet. Many nations are working on laws and regulations, as well as developing new classification systems for cryptocurrencies.<\/p>\n<p>The focus of many regulations is the <strong>taxation of assets<\/strong> coming from trading Bitcoin or other crypto assets. Due to the decentralization of digital currencies, they are often the subject of criticism in conversations about tax evasion.<\/p>\n<p>With the increasing popularity of cryptocurrencies, taxation entities such as the IRS and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-securities-and-exchange-commission-sec/">SEC are working on establishing new tax regulations on crypto assets and crypto-denominated salaries.<\/p>\n<p>There are also regulations for crypto <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-mining/">mining and trading in the works, given their direct importance in the crypto market. Companies that opt to add Bitcoin or other cryptocurrencies to their balance sheets will be subject to regulations.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">Cryptocurrency exchange<\/strong><\/a> platforms are also in consideration for new regulations. They are expected to provide better protection against tax avoidance and financial misconduct.<\/p>\n<h3>Regulated Centralized Cryptocurrency Exchanges<\/h3>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cloud-mining/">Centralized cryptocurrency exchange platforms (CEXs)<\/strong><\/strong><\/a> are regulated. They comply with cryptocurrency laws within their jurisdiction and agree to formal regulatory oversights. The availability of centralized crypto exchanges may vary regionally, depending on the local laws and compliance.<\/p>\n<p>Some of the regulated exchanges that have been approved by the SEC in the US are Binance.US, Coinbase, Gemini, and Kraken. Regulated crypto exchanges tend to hold a higher reputation among lawmakers and receive the bigger part of the market share in the US.<\/p>\n<p>Centralized exchange platforms generally have the regulations they must follow established by the national government. As a way to assist in preventing illegal financial activities, centralized crypto exchanges must comply with anti-money laundering and Know Your Customer regulations.<\/p>\n<h3>Unregulated and Decentralized Cryptocurrency Exchanges<\/h3>\n<p>Some cryptocurrency exchange platforms do not require their users to follow regulations such as the KYC policies. However, these platforms may still be required to adhere to some governmental regulations. Bybit, Nominex, and Binance.com (<em>not to be confused with Binance.US<\/em>) do not require their users to submit information for KYC checks.&nbsp;<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-decentralized-exchange-dex/">Decentralized cryptocurrency exchange platforms (DEXs)<\/strong><\/a> are unregulated and do not possess a single centralized entity that may be held accountable for illicit activities. However, transaction information on these platforms may still be observed.<\/p>","definition":"the criminal activity of transferring fiat to cryptocurrency and routing it via multiple pathways.","status":"published","meta_title":"What is Cryptocurrency Money Laundering? Definition & Meaning | Crypto Wiki","meta_description":"Cryptocurrency Money Laundering meaning: Cryptocurrency Money Laundering - the criminal activity of transferring fiat to cryptocurrency and routing it via multiple pathways.","meta_keywords":null}" :model="{"id":217,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency","level":"medium","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2024-01-02T17:15:11.000000Z","slug":"what-are-cryptocurrency-pairs","title":"What are Cryptocurrency Pairs?","section":"C","keyword":"Cryptocurrency Pairs","content":"<p><strong>Cryptocurrency pairings are assets that may be traded in an exchange for one another.<\/strong> The most well-known cryptocurrency pair with regular price comparisons is ETH\/BTC. To put things in perspective, trade pairings indicate how much of one token you can buy with a certain quantity of another token.<\/p>\n<p>It is critical for investors to understand trading pairs in order to diversify their cryptocurrency holdings beyond the most popular currencies. It creates the possibility of <strong>profiting from discrepancies in asset values between marketplaces.<\/strong><\/p>\n<p>To be more specific, investors can make wise decisions based on their understanding of trading pairs. Users may need to discover an exchange that handles the specific trading pair in order to properly swap one cryptocurrency token for another. In a different case, many transactions involving distinct pairings may be required to get the desired outcome.<\/p>\n<p>In regards to that, trading pairs showcase the availability of different trading options on a given exchange. For instance, if a trader wants to exchange BTC to ETH, but he is holding <strong>XRP<\/strong> he would first need to trade XRP\/BTC to get some Bitcoin, and then he could perform the ETH\/BTC trade to trade his Bitcoin to Ethereum.<\/p>\n<p>Because the user conducts two distinct transactions, he may be required to pay <strong>additional taxes and fees.<\/strong><\/p>\n<p>Crypto trading pairs assist in clearing each token&rsquo;s value, similarly to traditional currency trading. Back when cryptocurrencies were first revealed to the public as a new approach to finance, there were not a lot of trading pairs available.<\/p>\n<p>Most of the trades were dependent on <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin. However, nowadays, new trading pairs appear by the hour.<\/p>\n<p>Cryptocurrency trading pairs are a very important part of the crypto industry. <strong>They enable the possibility to exchange one token for another in a quite easy manner.<\/strong> Furthermore, crypto exchanges are coming to realize the need of providing as many crypto pairings as possible in order to suit the demands of traders.<\/p>\n<p>Likewise, some particular crypto trading pairs might provide better trading conditions in terms of fees and taxes.<\/p>\n<p>Despite the fact that unpopular trading pairs amongst cryptocurrencies often have lower trading taxes, the most popular crypto trading pairs have shown to be a better value. Nonetheless, correlations between various cryptocurrencies may lead to more successful trading pairings for <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-altcoin/">altcoins on occasions.<\/p>\n<p>As a result, traders must conduct thorough research on the costs connected with each trading pair of relevance. Besides, trading cryptocurrencies differs from trading traditional assets such as <strong>stocks or commodities.<\/strong><\/p>","definition":"Cryptocurrency pairings are assets that can be swapped for each other on an exchange.","status":"published","meta_title":"What are Cryptocurrency Pairs? Definition & Meaning | Crypto Wiki","meta_description":"Cryptocurrency Pairs meaning: Cryptocurrency Pairs - Cryptocurrency pairings are assets that can be swapped for each other on an exchange.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin Killer","status":"published","modified_content":null},{"chapter_id":2,"order":10,"slug":"what-is-solana-in-crypto","title":"Is Solana an Improved Version of Ethereum?","status":"published","modified_content":null},{"chapter_id":2,"order":11,"slug":"what-is-polkadot-in-crypto","title":"The Bridge Between Blockchains: Polkadot","status":"published","modified_content":null},{"chapter_id":2,"order":12,"slug":"what-is-polygon-in-crypto","title":"Polygon: the Essential Scaling Solution for Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":13,"slug":"what-is-luna-crypto","title":"The Bumpy Road of Terra (LUNA)","status":"published","modified_content":null},{"chapter_id":2,"order":14,"slug":"what-is-fantom-crypto","title":"Is Fantom (FTM) Yet Another Ethereum Killer?","status":"published","modified_content":null},{"chapter_id":2,"order":15,"slug":"what-is-aave-crypto","title":"Aave: Crypto Lending Trailblazer","status":"published","modified_content":null},{"chapter_id":2,"order":16,"slug":"what-is-algorand-crypto","title":"Did Algorand Truly Solve the Blockchain Trilemma?","status":"published","modified_content":null},{"chapter_id":2,"order":17,"slug":"what-is-olympus-dao","title":"Does Olympus DAO Have Anything to Do With Mythology?","status":"published","modified_content":null},{"chapter_id":2,"order":18,"slug":"what-is-avax","title":"Is Avalanche Network (AVAX) Rightfully Called the Future of DeFi?","status":"published","modified_content":null},{"chapter_id":2,"order":19,"slug":"what-is-monero-coin","title":"Monero: Where Cryptocurrency Meets Cryptography","status":"published","modified_content":null},{"chapter_id":2,"order":20,"slug":"what-is-ripple-xrp","title":"Is Ripple \"it\" When it Comes to Cross-Border Transactions?","status":"published","modified_content":null},{"chapter_id":2,"order":21,"slug":"practical-use-of-cryptocurrencies","title":"The Practical Use of Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart 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