The accelerated growth of crypto adoption is inevitably associated with the need to find new ways of using digital assets, and while there undoubtedly will be early adopters, the ecosystem involves lots of learning, especially if you’re a novice.
There are many online educational platforms that fill the gap for those who want to learn about cryptos. Many involve some form of payment, but there are also a few free resources you may want to check out before parting with your money. In fact, some of them might have you questioning why anyone would pay to learn about blockchain.
The most important aspect of finding the right platform is to make sure it teaches you about trading, investing, the different types of digital assets, and how each of them fits into the industry’s narratives. It’s also crucial to ascertain that the platform is reputable and has a good track record since misinformation can be destructive in this space.
This article lists some of the easiest and most accessible ways for you to learn about cryptocurrencies and other blockchain-based tokens.
Phemex’s Free Educational Portals
Phemex is a cryptocurrency exchange and derivatives platform that enables traders to buy and sell digital assets. Phemex offers a wide range of cryptocurrencies, top-notch security features, and a user-friendly interface. However, Phemex isn’t just about trading.
Built by Wall Street veterans with decades of experience in firms like Morgan Stanley, Phemex is committed to making the cryptocurrency sphere more accessible to new investors, offering various sources for free crypto education to help you get started with blockchain.
‘Phemex Academy‘ is a free education portal that provides users with information about trading, investing, cryptocurrencies, and other digital assets. The content is regularly updated to reflect the latest changes in the crypto market, and with over 500 infographic-filled articles, Phemex Academy is one of the most comprehensive sources of crypto education available.
Learn and Earn
Phemex’s Learn and Earn program offers a broader knowledge base for users who want to learn about cryptos. The program includes a series of quizzes to be completed after watching educational videos. These videos go over the basics of different types of digital assets, how to trade them on Phemex, and what factors to consider when making investment decisions.
Simulated Trading Platform
They say experience is the best teacher, and to help users put their knowledge to use in a risk-free environment, Phemex offers a simulated trading platform that allows users to simulate the trading experience without buying and selling real assets. This will enable you to practice and hone your skills before risking your money on the live market.
In addition to these free educational resources, Phemex also provides a wide range of information on its website, including news, price analyses, and trading tips.
Ask Strangers Online
Social media platforms like Twitter and Reddit are a goldmine of information for those who want to learn about cryptos, especially if you understand things better when someone explains them to you.
Additionally, this allows you to explain exactly where you’re confused and get answers tailored to your flavor of doubt. There are too many subreddits to list here, but if you’re interested in a particular project or sub-industry within the blockchain space, it probably has a forum to discuss things.
There are also many YouTube channels devoted to cryptocurrency education, offering a wide range of content, from beginner guides to in-depth analyses of the latest crypto trends. One great way to stay up-to-date on all things crypto is to follow the Twitter accounts of influencers in the space. These influencers are eager to share their insights and analyses on the latest industry developments.
However, one crucial factor to consider here is that anyone giving you advice online can have their own agenda, especially influencers, who may be incentivized to promote specific projects or practices to suit their goals. Be wary of these traps, and take anything you hear from online discussions with a grain of salt.
Build on Blockchain
If you’re looking for a more in-depth understanding of the crypto market, the best way to learn about blockchain technology and DLT is to build something yourself. The most direct way to do this is to read industry reports, research journals, and whitepapers, as well as study the theory behind these technologies.
These information sources are often complex and require prior reading to comprehend adequately, but this is the most definitive way to suitably grasp the technology, its uses, and its inefficiencies. Further, it’s important to note that some of these sources may require you to pay for information.
Whitepapers can be pretty detailed, offering a comprehensive overview of the technology behind a specific digital asset. They also provide insights into the team behind the asset and their upcoming plans and developments. Make sure to read the whitepaper of any token you plan on investing in.
However, manual reading can be time-consuming and is generally more suited for those who already have a basic understanding of digital assets or those who plan on actually building blockchain applications.
The Bottom Line
While there are many paid routes to a crypto education, there are also a number of free options available. The options listed above provide a wealth of information for those who want to learn about digital assets, and Phemex’s educational lineup is one of the best, most comprehensive repositories of information out there.
Phemex is committed to offering free crypto education to its users, offering a wide range of content from beginner guides to in-depth analyses. If you’re looking for a one-stop shop for all things blockchain, Phemex is perfect for you.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any service.