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How to Avoid Crypto Scams

As the cryptocurrency industry continues to grow, so do the risks. With the rise of ICOs, token sales, and new blockchain startups, scammers are finding more ways to deceive unsuspecting investors. Identifying fraud in the crypto space isn’t always easy — but with the right precautions, you can protect your assets and avoid costly mistakes. Below are some practical tips to help you stay safe and recognize potential scams before it’s too late. 1. Conduct a Comprehensive Legal and Technical Asse...

Reliable Sources for Cryptocurrency Enthusiasts

Whether you’re just starting your crypto journey or already an experienced trader, one question always remains: which information can you actually trust? In the crypto world, where markets move fast and rumors spread even faster, separating fact from fiction is essential. Fake news, unverified “insider” reports, and sensational headlines can cause unnecessary panic or poor investment decisions. That’s why it’s important to rely only on trusted and verifiable sources. Below, we’ve compiled a li...

Utility Tokens: What Makes Them Valuable?

In the crypto ecosystem, not all tokens serve the same purpose. Broadly speaking, there are three main categories: equity tokens, security tokens, and utility tokens. Each plays a unique role in how blockchain-based projects operate and attract investors. In this article, we’ll focus on utility tokens — what they are, why they matter, and what makes them valuable. The Three Types of Tokens Before diving into utility tokens, it’s important to understand the broader classification: - Equity to...

What Is a Cryptocurrency Airdrop?

Every new crypto project aims to attract attention and build a strong community around its ecosystem. While there are many ways to promote a project — such as marketing campaigns or paid advertising — one of the most effective and low-cost strategies is the cryptocurrency airdrop. Let’s explore what an airdrop is, how it works, and why both developers and users find it valuable. Understanding Airdrops A cryptocurrency airdrop is a promotional event where a blockchain project distributes free ...

Limits in Crypto Exchanges: Why They Exist and How They Work

Exchanging cryptocurrencies has become incredibly simple — countless online platforms now let users swap coins in just a few clicks. But while exploring these platforms, you might notice that some exchanges and exchangers impose transaction limits. Why is that? And how do these limits affect your experience? What Are Exchange Limits? In simple terms, exchange limits define the maximum or minimum amount of cryptocurrency that you can trade in a single transaction. For example, a service might r...

Exchanger vs. Exchange: Which One Should You Choose?

When it comes to trading or converting cryptocurrencies, users often encounter two similar-sounding terms — exchange and exchanger. While both allow you to buy, sell, or swap digital assets, they operate very differently. Understanding these differences will help you choose the option that best suits your goals and trading style. What Is a Cryptocurrency Exchange? A cryptocurrency exchange is a trading platform where users buy and sell cryptocurrencies directly with each other. The exchange it...

What Is a Fixed Rate Exchange?

A fixed rate exchange ensures that you receive the exact amount of cryptocurrency displayed at the start of your transaction — even if the market rate changes before your payment is completed. When you create a fixed rate exchange on Baltex.io, the exchange rate shown at the beginning of the order is locked for 20 minutes. As long as you make your deposit within this time frame, the rate will remain unchanged. This means you’ll receive the exact amount you were shown, regardless of any market f...

What Crypto Wallet Should You Choose?

If you’re planning to buy cryptocurrency, one of the first questions you’ll face is: where should I keep it safe? The answer lies in choosing the right crypto wallet — a secure digital tool that lets you store, send, and receive cryptocurrencies. However, for beginners, the variety of wallet types can be overwhelming. Some prioritize convenience, others focus on maximum security. Understanding how wallets work — and which one suits your needs — is key to protecting your digital assets. What I...

What Is a Smart Contract?

The concept of smart contracts was first introduced in 1994 by computer scientist and legal scholar Nick Szabo. He defined it as a digital set of promises and protocols between parties, designed to automatically execute once predefined conditions are met. A few years later, Szabo also proposed the idea of Bit Gold, an early form of digital currency that predated Bitcoin. Much like traditional contracts, smart contracts facilitate the exchange of assets—such as property, shares, or digital token...

What is FIO Address?

FIO Crypto Handle (FIO Address) — Coming Soon to Baltex.io A FIO Crypto Handle (FIO Address) is a human-readable address in the format username@domain, designed to replace long and complex crypto wallet addresses. With a FIO Address, users can manage multiple cryptocurrencies under one simple identity — making it easier and safer to send or receive funds without copying lengthy wallet strings. Example FIO Addresses: - john@edgewallet - alice@crypto (Examples only — do not send funds to these ...