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What is a Memo in Cryptocurrency? 3-Minute Explanation

Blockchain technology has made it possible to create many payment systems. The first of them was the Bitcoin network. All participants of the system have a cryptocurrency wallet. To transfer BTC coins to it, it is necessary to specify an address. Memo in cryptocurrency is used by some other blockchains in certain cases. It is […]

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How do crypto airdrops work and are they safe?

The term “airdrop” refers to the procedure of giving out free tokens. Sometimes they are given to the owners of certain coins for storing them in cryptocurrency wallets, but more often the distribution of currency occurs as a reward for subscriptions to blockchain project accounts in social networks, retweets, and other simple actions. Users who […]

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