Jul 26, 2021When You Lose Your Bitcoin PasswordSaying a Sad Goodbye to Millions of Dollars What do you do when you lose access to your bitcoin? Well, if you’re like the former owners of the $140 billion worth of “lost coins” … nothing. You just lose your money. Poof! …Bitcoin3 min read
Jul 6, 2021How Digital Currency Machine Rates Work7 Factors That Impact DCM Exchange Rates Coin Cloud works every day to build and sustain the trust of our biggest asset — our customers. And transparency creates trust, so we are honest about our rates. DCM exchange rates are designed to cover both the concrete and flexible costs of…Bitcoin Atm2 min read
Jul 1, 2021Is Bitcoin Taxed by the Government?Tax Rules for Cryptocurrencies So, you just got into crypto. Maybe you just bought your first chunk of Bitcoin or you want to learn what it’s all about. Owning digital currency can be fairly simple. But is cryptocurrency something that can be taxed by the government like other forms of…Bitcoin3 min read
Jun 29, 202116 Crypto Terms You Should KnowTop Words Used in the Crypto Space Explained People in the crypto space use a lot of seemingly complicated words. Let’s look at a few of the more popular ones and give them some simplified definitions. Cryptocurrency A digital currency that verifies its use and transactions through a system that uses…Cryptocurrency3 min read
Jun 28, 2021The Lost CoinsWhere Do They Go, and Can You Retrieve Them? About 18.6 million Bitcoins have been mined as of January 2021. Would it shock you if I said that a large chunk of these Bitcoins is completely unusable or lost? Bitcoin is entirely digital. In other words, you can’t touch it…Bitcoin3 min read
Jun 25, 2021Bitcoin Mining 101What Does it Take to Mine My Own Bitcoin? Over the past few years, Bitcoin has enjoyed a steady rise in value. As a result, more and more people have become interested in purchasing Bitcoin, whether as an investment, for political reasons, or some other goal. …Bitcoin Mining3 min read
Jun 23, 2021How Bitcoin ATMs Help the UnbankedSimple Machine Makes Smart Social Impact You might take banks for granted, and just assume they’re part of life for everyone. But they’re not. Did you know that over 7 million US households are completely unbanked, meaning they don’t have a bank account for the family at all? And close…Bitcoin Atm4 min read
Jun 21, 2021Creating Your Own CryptocurrencyHow Do You Make Your Own Coin or Token? Cryptocurrency can be easily summarized as a decentralized digital currency, usually encrypted by a variety of methods to create regulation and security. That can sound a little confusing at first glance. Most people don’t know how cryptocurrency works let alone how…Cryptocurrency3 min read
Jun 18, 2021Which Bitcoin to BuyHow Does Buying Bitcoin Work? A lot of people wonder which Bitcoin to buy, but the question itself is a bit of a misnomer. Because Bitcoin is Bitcoin, and worth the same amount, no matter where you buy it. So, generally speaking, people usually actually mean one of two things…Bitcoin5 min read
Jun 15, 2021What is a Stablecoin?Deep Dive into Stablecoins No matter how much you know, there’s always something new in the world of cryptocurrency, from new trends to different kinds of coins. One of these cool little things that you might not know about yet is stablecoins. Don’t worry, it’s nothing too new or confusing…Stablecoins3 min read
