‘Crypto 101’, a new video series from Binance New Zealand, has been launched. Its goal is to inform New Zealand cryptocurrency investors and traders on the fundamentals of the industry, from Bitcoin to other cryptocurrencies.
The video series, which will feature local Binancians including General Manager Ben Rose, will give a straightforward overview of the complicated world of cryptocurrencies.
In the first video of the series it concentrates on a beginner’s introduction to cryptocurrency.
The gist of it is that it’s intimidating, but we are here to help. We’re on a mission to arm Kiwis with the information they need to trade cryptocurrency with assurance.
The second video in the series explains what bitcoin is and outlines some of its numerous advantages. The remainder of the video examines the permissionless nature of cryptocurrencies, their censorship resistance, and their advantages as the fastest and least expensive means of money transfer.
The third video in the series examines the uses of cryptocurrencies, which is one of the often asked questions in the field. It discusses things like what you could buy with cryptocurrencies as well as how they are used in decentralised finance, or DEFI for short.
The video series also covers more complex subjects including how to store cryptocurrency, how to use hot versus cold wallets, and how web 1 vs. web 2 vs. web 3 work.
Binance New Zealand will roll out more films in the coming weeks, including ones explaining blockchain and explaining various terms in the crypto space.
While the latter will examine blockchain technology and how it functions, the former will define some of the most often used terms online and emphasise their definitions and purposes.
Both experienced traders and novices to New Zealand’s cryptocurrency market can benefit greatly from the informative video series. The series will give viewers a basic idea of how cryptocurrency functions and how it can affect their daily lives.
The video series is available on Binance New Zealand’s YouTube channel, and interested parties can click on any video to get started.
Binance is a global cryptocurrency exchange and has a significant presence in New Zealand, with Binance New Zealand being the local subsidiary. The exchange is among the top crypto exchanges worldwide, with a strong focus on providing secure and transparent trading services to users.
Read more on the Binance New Zealand blog here.