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Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto 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definition of an anti-fragile asset. According to risk analyst Nassim Nicholas Taleb, antifragility can go beyond resistance to <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">market volatility</strong></a>, and some cryptocurrencies can even grow from being exposed to volatility.</p>\n<p>This argument is reflective of market behavior observed in some crypto assets like Bitcoin. When the stock market faces uncertainty, a number of cryptocurrencies experience notable price gains.</p>\n<p>An anti-fragile asset tends to get <strong>stronger</strong> when faced with a <strong>major setback</strong>. An example of this is market data revealing that Bitcoin was doing well despite the 2018 crash which saw the prices plummet by 80% within a year. Bitcoin has faced many controversies regarding its public perception and security exploits.</p>\n<p>Bitcoin&rsquo;s vulnerability is reinforced by the idea that this cryptocurrency only exists because of a selection of people who believe in it. This idea leads to a counter-opinion that cryptocurrencies like Bitcoin are a trend that is set to go out of date and disappear at some point.</p>\n<p>Following the concept of antifragility, Bitcoin tends to become increasingly stronger with every hardship that it experiences both in the market and due to public perception. The growing number of people investing in Bitcoin further ensures its status as an anti-fragile asset.</p>\n<p>Despite the risks that Bitcoin can face, one important aspect is that a singular party is unable to simply shut down the whole operation. Bitcoin was built on a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">decentralized blockchain</strong></a> and runs on thousands of computers simultaneously. It is impossible for one person to shut down the whole cryptocurrency infrastructure due to the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-51-attack/">51% principle</strong></a>.</p>\n<p>Antifragility may cause issues with Bitcoin regulation further down the line.</p>","level":"easy","meta_title":"What is Anti-Fragile? 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The APR is calculated by multiplying the periodic rate by the number of periods in one year.","content":"<p>The <strong>annual percentage rate (APR)</strong> is the monetary value or reward earned by investors who make their crypto tokens accessible for loans, accounting for interest rates and any additional fees paid by the borrowers.</p>\n<p>Various platforms encourage their clients to stake their crypto assets by offering a high APR. The annual percentage rate is exclusive of compound interest.</p>\n<p>Some <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-centralized-exchange-cex/">cryptocurrency exchange platforms</strong></a> do not allow users to lend out their crypto coins. Exchanges that allow such services offer varying loan rates. The rates fluctuate depending on the cryptocurrency used for the loan or which type of loan was agreed on.</p>\n<p>There are two main loan types used by cryptocurrency exchange platforms:</p>\n<ul>\n<li><strong>Fixed lending</strong>. This type of lending is similar to a certificate of deposit granted by a bank. The money is secured for a set period of time at a fixed rate. The security is typically granted for seven to ninety days. It pays a greater rate of interest if the borrower does not use the cryptocurrency in any way.</li>\n<li><strong>Flexible lending</strong>. This loan type functions similarly to a savings account. The borrower can withdraw the cryptocurrency at any point. Flexible lending offers lower rates of return.</li>\n</ul>\n<p>One of the platforms offering fixed and flexible financing for customers is <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/goon/binance/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Binance</strong></a>. It is the world&rsquo;s largest cryptocurrency exchange platform by volume. Loaning is available via Binance Earn services.</p>\n<p>Cryptocurrencies are very <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-volatility/">volatile. Therefore, the amount of interest earned can vary significantly. Cryptocurrency lending schemes can attract investors looking into long-term crypto holding, as this sort of passive income adds value to the portfolio.</p>\n<p>The frequent price changes of <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin (BTC)</strong></strong></a> and other cryptocurrencies mean that the revenue is directly impacted. Those partaking in fixed lending programs can notice value fluctuations in their portfolios as the coins secured for a set period of time cannot be exchanged.</p>","level":"medium","meta_title":"What is Annual Percentage Rate (APR)? Definition & Meaning | Crypto Wiki","meta_description":"Annual Percentage Rate (APR) meaning: Annual Percentage Rate (APR) - the amount of interest a borrower is obliged to pay yearly. The APR is calculated by multiplying the periodic rate by the number of periods in one year.","meta_keywords":null,"language":"en","created_at":"2022-02-11T06:43:20.000000Z","updated_at":"2022-11-09T08:17:09.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-annual-percentage-rate-apr"},"currentChapter":"A","currentSection":"what-is-anonymous","chapterTitle":"A","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-anonymous","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter A

What is Anonymous?

Anonymous MEANING:
Anonymous - something unknown, unnamed, or unidentified.
Easy
1 minute

Let's find out Anonymous meaning, definition in crypto, what is Anonymous, and all other detailed facts.

Anonymous is someone or something unidentified, unnamed, or unknown. No information regarding the person or item, like their origin, location, or other data, is known. Anonymous entities can choose to remain as such for a number of reasons. They lack any distinctive individual aspects and are not recognizable.

Anonymity has been a massive aspect of cryptocurrencies since their inception. The creator of Bitcoin (BTC), the first cryptocurrency, has remained anonymous and is only known by the pseudonym Satoshi Nakamoto.

Some cryptographic tools, like zero-knowledge proof, ensure anonymity by design. Some cryptocurrencies, such as Monero (XMR), allow completely anonymous transactions which obfuscate the addresses of both parties in the transaction, as well as the amount of crypto being exchanged.
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