"Got a Question? We've Got the Answers - Crypto F.A.Q."

cinos

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Hey all, let's make this thread a go-to resource for all our noob and veteran crypto enthusiasts alike. I'm starting with a simple one: what's the difference between a HODLer and a scalp trader? Is it just a matter of time horizons, or are there other key distinctions?
 

rubylqka

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"Hey guys, just wondering - is it true that you can only use 2FA (2-factor authentication) on a crypto exchange with a phone number registered to the same country as the exchange? Been having trouble getting it to work on an exchange that's based in a different region."
 

ЮЛА

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Feb 16, 2007
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"Hey OP, I've got a quick one - is it true that Bitcoin's limited supply is the main reason behind its volatility? I've heard some people say it's more about market sentiment, and I'm curious to get some expert opinions on this"
 

hc8022

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"Lol, I'm still waiting for someone to ask about the 'gas fees on Binance' I've been thinking about creating a thread myself on this topic since it seems like a hot mess"
 

Alekseins

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"Just wanted to add that the fees for sending crypto on the Ethereum network can indeed fluctuate based on network congestion. It's always a good idea to use a reputable exchange or wallet to help minimize those costs. Has anyone else seen this happen with other blockchains?"
 

Day709

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"What's up guys, I was wondering if someone could clarify what the difference is between a cold storage wallet and a hot one, and when would you use one over the other? Is there a general rule of thumb or specific use cases for each?"
 
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