Author: Judith Mwaura
Cryptocurrency trading requires liquidity, and for many traders, accessing additional capital can significantly enhance their ability to seize market opportunities. Crypto loans offer a way to borrow against digital assets without selling them, allowing traders to maintain their positions while leveraging borrowed funds. This guide explores the top five crypto loan providers and how traders can maximize their profits using these services. 1. Binance Loans Key Features: How to Leverage: Traders can use Binance Loans to borrow stablecoins or other assets, increasing their trading positions without selling their holdings. This is ideal for margin trading or entering new positions while…
The world of finance is evolving, and one of the latest innovations is NFT-based lending. Non-fungible tokens (NFTs) have grown beyond digital art and collectibles, now serving as collateral for loans. This new trend allows NFT holders to unlock liquidity without selling their valuable assets. What Are NFT-Based Loans? NFT-based loans function similarly to traditional asset-backed lending. Instead of using real estate or stocks as collateral, borrowers use their NFTs. Lenders offer a loan based on the perceived value of the NFT, and if the borrower fails to repay, the lender takes ownership of the NFT. How Do NFT Loans…
Cryptocurrency loans are becoming increasingly popular in Kenya as more people embrace digital assets. These loans allow you to use your crypto holdings as collateral to access funds without selling your assets. This guide will take you through the process of getting a crypto loan in Kenya, the best platforms to use, and the risks involved. What is a Crypto Loan? A crypto loan is a type of loan where you use your cryptocurrency as collateral to borrow funds. Unlike traditional loans, crypto loans do not require a credit check, making them accessible to more people. The loan amount depends…
Cryptocurrency loans have become a popular way for investors to access liquidity without selling their holdings. However, one of the biggest concerns for crypto holders is the security of their assets, especially when it comes to private keys. Many lending platforms require borrowers to deposit their crypto as collateral, meaning they must transfer control of their private keys to the lender. But is it possible to get a crypto loan while maintaining control over your private keys? Let’s explore the options. Understanding Crypto Loans Crypto loans function similarly to traditional loans but use digital assets as collateral. Borrowers can access…
Telcoin (TEL) is a cryptocurrency that powers the TELx network, allowing fast and cost-effective global payments without the need for a middleman. If you’re interested in buying Telcoin, follow these simple steps. Key Takeaways Step 1: Choose a Cryptocurrency Exchange To buy Telcoin, you need to find a cryptocurrency exchange that supports it. These platforms allow you to purchase digital currencies using traditional money (such as USD, EUR, or KES) or by exchanging other cryptocurrencies. Some well-known exchanges where you can buy Telcoin include: Before choosing an exchange, compare their trading fees, security measures, and ease of use to find…
What Is a Private Key? A private key is a unique alphanumeric code that a cryptocurrency wallet generates to grant access to digital assets. It serves as a secure way to authorize transactions and prove ownership of cryptocurrency holdings. Private keys play a crucial role in cryptocurrency security. Their encrypted nature ensures that only the rightful owner can access the funds, preventing unauthorized use or theft. Losing or compromising a private key means losing access to the associated cryptocurrency, making it vital to keep it secure. Key Takeaways How Private Keys Work Cryptocurrency transactions rely on a system of digital…
In a significant political development, the Jubilee Party, led by former President Uhuru Kenyatta, has officially endorsed former Interior Cabinet Secretary Dr. Fred Matiang’i as its presidential candidate for the 2027 elections. This decision, announced by Secretary General Jeremiah Kioni, positions Matiang’i as a formidable contender against incumbent President William Ruto. Kioni highlighted Matiang’i’s extensive experience in government, particularly his role in overseeing key national projects during Kenyatta’s administration. “When William decided to go and do campaigns, the person who was left deputizing or helping Uhuru was Fred Matiang’i,” Kioni stated, emphasizing Matiang’i’s intimate knowledge of initiatives such as Huduma…
Former Chief Justice David Maraga has sharply criticized the Kenya Kwanza government for failing to provide sustainable health services to Kenyans, despite the fact that they have been paying for the Social Health Authority (SHA) program. Maraga’s condemnation follows the recent announcement that hospitals affiliated with the Rural and Urban Private Hospitals Association of Kenya (RUPHA) will no longer provide services to patients covered under SHA. Maraga called this development “wrong and morally unacceptable,” emphasizing that it is subjecting ordinary Kenyans to unnecessary suffering. RUPHA made this announcement on Thursday, stating that the decision came after months of failed negotiations,…
Boda Boda Riders Warn of Nationwide Protests The Boda Boda Safety Association of Kenya (BSAK) has issued a warning that they will hold a nationwide strike if the National Assembly goes ahead with the Public Transport (Motorcycle Regulation) Bill 2023. The Bill has already been approved by the Senate, and it proposes stringent regulations, including a limit on the weight of luggage carried by motorcycles. According to the proposed legislation, no motorcycle should carry a load that exceeds 50 kilograms, or one that is taller than two meters from the ground, or wider than 15 centimeters beyond the handlebars. The…
Chebukati’s Family Requests Privacy as They Mourn, Plans to Issue Statement The family of former Independent Electoral and Boundaries Commission (IEBC) Chairperson Wafula Chebukati has urged Kenyans to respect their privacy as they mourn their loved one. They have asked the public and the media to give them space during this difficult time. Speaking to journalists on Friday morning, the family’s spokesperson, Eric Wafula, mentioned that they would release an official statement soon regarding Chebukati’s passing. “We are all deeply saddened by this loss. As the family tries to come to terms with it, we kindly request everyone, including the…