Blockchain Education - BitPay Blog

Guide to Stablecoins: What They Are, How They Work and How to Use Them

Summary Stablecoins are a type of cryptocurrency whose value is “pegged” to another currency, most often the U.S. dollar. They maintain this peg through reserves of dollars, other cryptos or a mix

Blockchain Education

The Best, Safest Ways to Store Your Cryptocurrency: What You Need to Know

The Important Bits Neglecting to practice secure crypto storage can result in loss of funds. Understanding how to store cryptocurrency requires understanding the different types of wallets, including exchange, hardware, mobile, and paper

Blockchain Education

From Code to Coins: Understanding Smart Contracts in Blockchain Payments

The Important Bits Smart contracts allow individuals to make financial agreements, send money or transfer property with total confidence their transaction will take place exactly as expected. The blockchain-based programs are coded to

Blockchain Education

How to Store and Secure Your Seed Phrase Like a Whale

With a recent influx of crypto users moving away from centralized custodial wallets and migrating to a self-custody solution, we’ve created this guide to help new users understand the importance of recovery

Crypto Wallets

How to Securely Receive Bitcoin & Crypto Payments to Your Wallet

Receiving payments to your wallet is an essential part of living on cryptocurrency. Learn how to securely receive Bitcoin and other crypto payments with a self-custody wallet in our quick guide. Receiving crypto

Blockchain Education

The African Crypto Movement: Embracing Crypto Payments in Africa

Africa’s cryptocurrency adoption is silently on the rise. Tech-savvy Ghanans, Nigerians, and South Africans are leading the crypto movement, adopting Bitcoin, stablecoins, and other cryptocurrencies to instead of traditional banking services. Cryptocurrencies

Blockchain Education

Bitcoin Ordinals Unleashed: What They Are & How They Are Impacting the Blockchain Space

The Important Bits Ordinals are a recent development in the Bitcoin ecosystem that has drawn both excitement and skepticism. Also called Ordinal NFTs, Bitcoin Ordinals or Bitcoin NFTs, ordinals allow users to add

Litecoin (LTC)

Litecoin Halving 2023 Explained & What it Means for LTC

The Important Bits Litecoin is about to undergo the third halving event of its existence, which occurs every 840,000 blocks, or approximately every 4 years. Halvings are a process by which the

Blockchain Education

How to Send Crypto to Another Wallet with the BitPay App

In the world of digital finance, cryptocurrencies like Bitcoin and Ethereum have revolutionized the way we transact and store value. Sending cryptocurrency payments from one wallet to another has become a fundamental aspect

Crypto Wallets

How to Manage Multiple Crypto Wallets to Spend & Hodl

There are many different types of crypto wallets, each designed for a specific purpose and offering different levels of security and usability. If you’re more than a casual crypto user, it’s

Blockchain Education

Exploring Layer 2 Networks for Scalability and Speed in Blockchain Payments

The Important Bits The number of crypto users has risen exponentially since the launch of Bitcoin and Ethereum. Over time, the network traffic on these “Layer 1” blockchains has grown considerably, resulting in

Ethereum (ETH)

Polygon vs Ethereum: What are the Differences as a Technology, Investment and Payment Method?

The Important Bits Ethereum and Polygon are two of the most popular networks for participants in a variety of decentralized finance (DeFi) and Web3 activities. While Ethereum was initially conceived as a way