Crypto 101

What is at this level

20 guides across 1 topics, about 78 minutes of reading in total. Each guide stands alone — read what is relevant rather than working through in order.

All novice guides

Crypto Fundamentals

• Cryptocurrency vs Digital Assets Explained — Learn the difference between cryptocurrency and digital assets, where Bitcoin and tokens fit, and why the dist
• Crypto vs Fiat Currency Explained — Understand how cryptocurrencies differ from fiat currencies such as pounds, euros and dollars, including issua
• Coins vs Tokens Explained — Learn the difference between crypto coins and tokens, how native blockchain assets work, and why token structu
• Decentralisation Spectrum Explained — Understand decentralisation as a spectrum across blockchains, tokens, exchanges and protocols, and learn which
• Core Crypto Use Cases Explained — Explore the main use cases for crypto and blockchain networks, from value transfer and stablecoins to smart co
• Blockchain — A blockchain is a shared digital record that groups verified transactions into blocks and links those blocks t
• Wallet Address — A wallet address is a public identifier used to receive cryptoassets on a particular blockchain network.
• Transaction Hash — A transaction hash is a unique identifier used to locate and verify a blockchain transaction.
• Block Confirmations — Block confirmations describe how many blocks have been added after the block containing a transaction, helping
• Network Fees (Gas) — Network fees are payments required to have a blockchain process transactions or smart-contract activity; on so
• Miners and Validators — Learn what miners and validators do, how Proof of Work and Proof of Stake differ, and why consensus participan
• Protocol Developers — Understand who protocol developers are, how blockchain upgrades are proposed and adopted, and why development
• Crypto Exchanges — Learn how centralised and decentralised crypto exchanges work, how orders are matched or routed, and which liq
• Market Makers and Liquidity Providers — Learn how crypto market makers and liquidity providers support trading, manage inventory, influence spreads an
• Retail vs Institutional Participants — Compare retail and institutional crypto market participants, including how capital size, execution, custody, c
• 24/7 Crypto Markets — Understand what continuous crypto trading really means, why liquidity still changes by time and day, and how w
• Crypto Price Quotations — Learn how crypto pairs are quoted, how base and quote assets work, and why bid, ask, last, mark and index pric
• Market Capitalisation — Learn how crypto market capitalisation is calculated, how it differs from fully diluted valuation, and why mar
• Circulating Supply — Understand circulating supply, how it differs from total and maximum supply, and why token issuance, burns and
• Trading Volume and Liquidity — Learn the difference between crypto trading volume and liquidity, how spread, depth and slippage affect execut