The first time someone moves from spot trading into perpetual futures, one thing becomes obvious very quickly: leverage changes everything. On a normal spot exchange, you buy Bitcoin, Ethereum, or another token and own the asset. If the price goes up, you can profit. If it falls, your position loses value. Perpetual contracts work differently. … Read more
The first time I swapped crypto on a decentralized exchange, I made the mistake of assuming it would work just like the centralized exchange I was already familiar with. It didn’t. On a centralized exchange, I was used to depositing funds, selecting a trading pair, entering an amount, and clicking buy or sell. Pretty straightforward. … Read more
The first time I tried using a decentralized finance app, I expected the hardest part to be understanding the finance. It wasn’t. The hardest part was realizing that I was the bank account, the password reset system, and sometimes even customer support. There was no traditional bank employee waiting if I made a mistake. I … Read more