Crypto Development Option - 1 - Deepstash
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Crypto Development Option - 1

Crypto Development Option - 1


Runs on its own blockchain network

Requires advanced blockchain knowledge and coding skills

Blockchain development is more costly and takes time


Creating a token on an existing blockchain can leverage its reputation and security. While you won't have complete control over all aspects of your token, there is still a lot of customization available. There are a variety of websites and tools available to create your own token, especially on B...


Can be built on existing blockchains with an established user base

Fairly simple to create with pre-existing tools and open-source code

If you're looking to push the limits of what a coin or blockchain does, creating a coin with its own blockchain would likely be better. Creating a new blockchain and coin is certainly harder than issuing a crypto token. But if done right, it can bring lots of innovation and new possibilities. Bin...

Countries around the world have their own laws and rules regarding cryptocurrencies. Some jurisdictions may even ban the use of cryptocurrencies. Consider fully your legal obligations and any compliance issues you might face.

The costs involved are linked to the methods and setup you choose. If you're creating a coin and blockchain you'll likely have to pay a whole team over multiple months. A code audit from a reliable team can also cost around $15,000 (USD). At its cheapest, a simple token on BSC can be done for $50...

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published 7 ideas

People who are new to cryptocurrency often confuse the term "token" and "coin". This guide defines the two terms and provides some examples for a better understanding.

Digital coin definition and examples

A digital coin is an asset native to its own blockchain. For example, Bitcoin exists on the Bitcoin blockchain, Ether operates and functions on the Ethereum blockchain, etc.

Digital coins don't move physically when you send and receive them. They exist as data on a ...

What is a liquidity pool?

A liquidity pool is a collection of funds locked in a smart contract. Liquidity pools are used to facilitate decentralized trading, lending and many more functions.

  • Liquidity Pools are the game-changing innovation in Decentralized Finance (DeFi) that facilitates tradin...

5 steps to trading cryptocurrency

  1. Make a cryptocurrency brokerage account. Coinbase, Gemini and eToro are good crypto brokerages. 
  2. Fund your account. Connect it to your bank account. Most crypto brokerages offer bank funding through debit cards and wire transfers. 
  3. Pi...