Digifox | Blog

Friday, February 11, 2022

8 Tips For "Doing Your Own Research"

A common phrase in the crypto community is "DYOR" or "Do Your Own Research." No doubt this is important, but how exactly does one "do their own research"? Digifox covers 8 simple steps to DYOR here!

Financial Education

Friday, October 9, 2020

3 Types Of Debt And How To Avoid Them

Almost everyone you meet these days has some kind of debt. Even if someone doesn’t have any kind of debt, it’s pretty fair to assume they will in their future.

Financial Education

Tuesday, August 25, 2020

The Genesis of Bitcoin and a History of Currency

Bitcoin can be a bit overwhelming when you first hear about it… money on the internet, a single coin costs thousands of dollars, the price fluctuates dramatically, it’s on a “blockchain,” there are so-called “miners” who support the network, etc.

Financial Education

Friday, April 9, 2021

A Beginner’s Guide To Getting Started With Crypto

Digifox walks through a few simple things to keep in mind when getting started with crypto investing.

Financial Education

Wednesday, June 30, 2021

What Is Fractional Reserve Banking?

Have you ever wondered what makes a “run on the bank” possible, or how banks make a lot of their money? A run on the bank, amongst numerous other activities, is made feasible via fractional reserve banking.

Financial Education

Tuesday, June 22, 2021

What Are Stablecoins?

If you’re looking for a way to get started in the world of crypto but don’t know where to start, stablecoins may be worth looking into! So what are stablecoins exactly?

Financial Education

Tuesday, October 27, 2020

The 2008 Financial Scam

In 2008, the worst financial crisis since The Great Depression set in and wrecked the American economy. The effects of this rippled through the whole world and caused a recession for numerous countries across the globe.

Financial Education

Friday, November 6, 2020

3 Ways To Keep More Money In Your Pocket Every Month

Money is easy to gain, and just as easy to lose, in the same week. We live in a world where just about any minimum wage job can be won, but depending on location, it still may not be enough to pay the rent.

Financial Education

Friday, April 16, 2021

How To Avoid Traffic Jams On The ETH Network

Network fees are at an all time high, and transactions are crawling as slowly as snails. What is causing this extreme network congestion, and what can we do about it?

Financial Education

Friday, April 16, 2021

What Is An Automated Market Maker?

One of the tools used most frequently in the decentralized finance (DeFi) space is the Automated Market Maker (AMM). AMMs facilitate decentralized transactions by using smart contracts to allow users to trade between assets. When someone decides to provide liquidity to an AMM or exchange, they are backing it with liquidity so users can trade between several different assets....

Financial Education

Tuesday, September 22, 2020

Why Didn't My Trade Go Through As Expected? Slippage Explained

Simply put, slippage is the difference between an expected trade and the executed trade.

Financial Education

Thursday, September 17, 2020

10 Financial Terms You Should Know (Part 1)

Sometimes something as small as a single word or phrase can create confusion within an otherwise informative article or YouTube video. This is why we’ve decided to begin a blog series of various vocabulary words and phrases explained simply.

Financial Education

Tuesday, November 10, 2020

10 (More) Financial Terms You Should Know (Part 2)

Financial Education

Tuesday, June 2, 2020

Why Cryptocurrency Trumps Traditional Saving and Investing Methods…Significantly

Taking care of your personal finance can be daunting. Budgeting, investing, inflation...

Financial Education

Friday, August 14, 2020

Understanding USDC And Why It’s Revolutionary

USDC, while perhaps not the most well-known, is a fairly common and well-used cryptocurrency, and certainly one to be familiar with when using Digifox.

Financial Education

Monday, August 3, 2020

What Is Celsius?

We partner with numerous companies to bring you the best possible all-in-one finance app.

Financial Education

Thursday, December 23, 2021

How Does Token Forking Work?

What does it mean when a token forks? What is the difference between a hard and soft fork? How do I migrate my tokens when they are forked?

Financial Education

Friday, June 25, 2021

What Is Ethereum?

What is Ethereum? How does it work? Breaking down the purpose of Ethereum requires an examination of the components that make it up. Join us for a mini-deep-dive as we look into some of the building blocks that make up ETH.

Financial Education

Friday, December 10, 2021

What Are Seed Phrase Wallets? (5 Tips For Wallet Security)

What is a seed phrase wallet? What are "private keys" and what are some secure strategies for keeping them safe? Read on to find out!

Financial Education

Tuesday, March 29, 2022

The Metaverse: For Better Or For Worse?

What is the Metaverse? What benefits does it bring to society? Are there any risks or pitfalls to watch out for? Let's take a look!

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