The cryptocurrency market is currently experiencing rapid growth, with the price of Bitcoin- the most valuable cryptocurrency- currently worth around $10,000 USD. As a result of this rapid spike in value, adoption rates have never been higher. New investors are entering the market and getting on board the crypto hype train on a daily basis.
Before getting involved in cryptocurrency investing, however, it’s essential to gain an understanding of what you’re actually investing in. Although there may now be very few barriers to entry for newer cryptocurrency investors, it’s essential to perform your due diligence and develop a well-rounded understanding of how cryptocurrencies work and the technology they are based on.
There are now may investors in the cryptocurrency market that possess only a cursory understanding of how the blockchain works, don’t know what consensus is, and have no idea how to manage their own private keys. The advent of credit card crypto purchases and hosted wallet solutions such as Coinbase has made cryptocurrency investment simple, easy, and mindless.
Heading into the world of cryptocurrency investment without knowledge or oversight, however, is a good way to get scammed or hacked. In order to ensure you’re protecting your investment, it’s critical to learn as much as you can about the blockchain.
Finding the right resource from which to learn about blockchain technology, however, can be difficult. There is a glut of blockchain information available online, but most of it is presented in a highly technical manner that can be difficult to understand without at least a basic understanding of programming.
A new educational platform, however, is aiming to assist new cryptocurrency investors and enthusiasts in learning about the cryptocurrency ecosystem by providing a comprehensive database of information on cryptocurrencies, the blockchain, and crypto investing.
In this article, we’ll take a look at the Global Crypto Academy platform and find out what it offers to help you determine whether it’s the right place for you to learn about the interesting and profitable cryptocurrency market.
What is Global Crypto Academy
Global Crypto Academy is a project developed by three friends that all entered the cryptocurrency market at an early stage. The Global Crypto Academy platform aims to present cryptocurrency information in a clear, easy to understand manner, and breaks down a wide variety of concepts.
Global Crypto Academy offers a wide range of resources for budding cryptocurrency investors. In addition to presenting comprehensive information regarding cryptocurrencies and cryptocurrency investment, Global Crypto Academy also releases a regular newsletter that keeps readers up to date with the latest developments in the cryptocurrency industry.
Interestingly, the Global Crypto Academy platform is, at this point in time, completely free. The creators of the Global Crypto Academy platform have provided a wallet address to which donations in the form of Bitcoin can be sent, but don’t charge anything for the information provided on the site.
The Global Crypto Academy site will in future offer users detailed courses on cryptocurrency, investing, and other topics, which are likely to be paid. For now though, the Global Crypto Academy platform is one of the best free resources on crypto online.
What Global Crypto Academy Covers
Global Crypto Academy covers two different sections, a “Start Here” guide, and a detailed cryptocurrency explanation section. The Global Crypto Academy Quick Start Guide covers all of the basic elements of crypto, beginning by explaining the history of cryptos and what they actually are.
The quick start guide covers the specifics of Bitcoin and Ethereum, as well as explaining how to harness the power of the blockchain. This section includes information on making purchases, using exchanges, doing business on the blockchain, and more.
One of the most interesting elements of the Global Crypto Academy Quick Start Guide is an explanation of the top 5 ways in which people are making money from the cryptocurrency industry. The guide also provides a brief explanation of mastering cryptocurrencies in order to leverage the future of money.
In addition to the Quick Start Guide, the Global Crypto Academy also offers a detailed explanation for a wide variety of cryptocurrency tokens. There are now more than 1,200 different crypto tokens in existence, which can make it hard to understand the basic concepts behind each one.
The Global Crypto Academy Coin Guide aims to provide a brief summary and explanation of use cases for each major cryptocurrency, and currently covers 10 tokens: Omisego, TenX, Zcash, Iota, Monero, Litecoin, Ethereum, Bitcoin Cash, Dash, and Power Ledger.
The Verdict On Global Crypto Academy
The Global Crypto Academy platform is a surprisingly accessible and detailed platform that is ideal for newer cryptocurrency investors. The site itself is clean, simple, and easy to read, making it comfortable for extended learning sessions. If you’re interested in learning more about cryptocurrencies and how they work, the Global Crypto Academy platform is definitely worth a quick look. If you want to take a look for yourself, you can visit them here: https://globalcryptoacademy.com/